The Joe Pomp Show Juan Soto's $765 Million Contract is a Bad Deal (But Steve Cohen Doesn't Care)
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Dec 11, 2024 Dive into the details of Juan Soto's jaw-dropping $765 million contract with the New York Mets. Discover the intricate negotiations led by his agent, Scott Boras, and how owner Steve Cohen's bold strategy shapes the future of the team. Explore the implications of this record deal in the MLB world and compare it to other contracts like Shohei Otani's. Finally, see how the unconventional spending approaches are received by other teams and the potential impact of the new luxury tax on championship aspirations.
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Soto Rejects $440M
- Juan Soto, a 23-year-old superstar, rejected a 15-year, $440 million contract from the Washington Nationals.
- Soto felt uncomfortable with the Nationals leaking the offer and questioned their commitment to winning.
Boras' Billion-Dollar Gamble
- Scott Boras, Soto's agent, aimed for Soto to reach free agency at 26, believing he could be worth a billion dollars.
- While Soto didn't reach a billion, he signed a record-breaking $765 million deal with the Mets.
Boras' Masterful Chess Match
- Scott Boras orchestrated Soto's free agency with strict rules, including in-person pitches in California.
- Steve Cohen, Mets owner, went off-script, hosting Soto at his Beverly Hills mansion, ultimately securing the deal.