Biggest deal in history of sport: Juan Soto and New York Mets agree reported £600m ($765m) contract

Juan Soto is set to sign what is reportedly the biggest contract in the history of sport after agreeing a $765m (£600m) deal over 15 years with Major League Baseball’s New York Mets.

Multiple sources in the United States have disclosed details of the deal, although the Mets have yet to confirm it because the 26-year-old Dominican needs to complete a medical.

The MLB website said, external Soto would get a $75m signing bonus, with no deferred money, in a deal that could eventually be worth up to $800m (£627m).

The total value of the deal eclipses the $700m (£558m) 10-year contract that Shohei Ohtani signed with the Los Angeles Dodgers last year, with the Japanese star agreeing to defer $680m (£541m) of the amount.

Deferred-money deals are when players agree to be paid some of their cash after the time the contract covers, and are used frequently in American sports., external

Soto’s new deal is understood to be the largest in professionals sports in total value.

Some of the other biggest include Dallas Cowboys quarterback Dak Prescott becoming the highest-paid player in NFL history in September by reportedly agreeing a four-year contract extension reportedly worth $240m (£183m).

In 2020, Kansas City Chiefs quarterback Patrick Mahomes signed a 10-year contract extension worth $450m, which at the time was the biggest contract in NFL history.

In the NBA, the Boston Celtics have tied Jayson Tatum down to a new five-year deal worth a reported $314m (£245m).

And in football, Portuguese forward Cristiano Ronaldo has a contract with Al-Nassr until 2025 that is reportedly worth more than 200m euros (£176.5m) per year, while Lionel Messi’s deal at Inter Miami is reportedly worth up to $60m a year.

#Biggest #deal #history #sport #Juan #Soto #York #Mets #agree #reported #600m #765m #contract

latest news today, news today, breaking news, latest news today, english news, internet news, top news, oxbig, oxbig news, oxbig news network, oxbig news today, news by oxbig, oxbig media, oxbig network, oxbig news media

HINDI NEWS

Related News

More News

More like this
Related

Israeli military admits its troops killed UN worker in Gaza Strip

Israel's military has admitted killing a United Nations (UN)...

ED detains BluSmart’s Puneet Jaggi – Times of India-OxBig News Network

NEW DELHI: Ahead of formally launching a...

Supported housing is in crisis, letter to PM Keir Starmer says-OxBig News Network

Eleanor LawrieSocial Affairs ReporterGetty ImagesProponents of austerity measures say...

Singapore wealth fund GIC to invest ₹752 crore for 35% stake in five Samhi hotels | Company Business News

Singapore’s sovereign wealth fund GIC is investing ₹752...