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Contracts like this are exactly why the MLB needs a harder cap. As a hockey fan, the NHL used to not have a salary cap, which caused the league to be dominated by just a handful of rich big markets. Not only did it make the league uncompetitive, but the contracts became so massive, that it caused the 2005 lockout. The MLB is heading down this same path at this rate.
100%, and if anything, the fans of the other 25 "have not" teams are going to gradually lose interest when all the action is only happening in two markets each and every year.
Yes. There's 10 teams at or below $111M payroll. There's 10 teams above $211M in payroll. So those bottom ten teams literally would have to DOUBLE their payroll, and then ADD MORE, to be competitive..... The chasm is too wide.... 2 of those teams are homeless right now.... Feels very unsustainable...
salary cap? then no more revenue sharing and definitely no luxury tax sharing. There is reason why baseball has no (hard) salary cap. Salary floor would be more realistic improvement.
@@Akaris001 What makes you think that a salary cap would take away revenue sharing? League revenue comes from ticket sales. The tickets are sold, the more all the owners benefit because the salary cap is determined by how many tickets are sold. And whenever a league expands, the expansion fee is distributed to all the owners. That's revenue sharing. Having a salary cap would ensure that there are no superteams that can make the league uncompetitive, which is objectively far worse for the sport than the owners making marginally less money. Everyone hated seeing the Patriots in the Super Bowl every year because it made the NFL uncompetitive. Imagine how much seeing just the Dodgers, Mets, and Yankees in the World Series every year would ruin the sport. Almost every other team in the league would be rendered irrelevant, and the massive unfair advantage that the biggest markets have would absolutely piss off the other owners. Who would even want to expand into the MLB when they need to spend another billion dollars to make their team good enough to contend?
what is sheer lunacy is that donald trump is going to be president again - but you have no problem with a crooked criminal and traitor billionaire like trump being president
The problem is some teams will never be in play for contracts like these no matter how much fans want them or if they want to return. I think it’s impossible to build a lasting fanbase like that
so if they never work out then why is every one crying and screaming for a salary cap now that the mets are only doing what the other rich teams have been doing for decades - the mets are not allowed to compete with yankees and dodgers - stop with this phony out rage
Baseball is bankrupting itself with these salaries, within 5 years teams like Minnesota, white sox, Rays, cardinals and more will be non competitive and will fold within 10 years,
@@brando7266 The cardinals were a former big level club, but the new reality is markets like SF, Atlanta, St. Louis and Boston that used to be large market teams are now being downgraded to mid tier teams, that may compete for playoffs, but never will sniff a World Series again
@Kira_Kovalyova if u have a good gm and the right manager, u can overachieve in the playoffs, or the big teams will get too cocky, not be hungry, and that creates chances for upsets,
Well considering Cohen and the mets will pay a very big luxary tax, and with the revenue sharing system, if i'm the owner of those said franchise, I wish Cohen would spend 1billion instead of 750 million. I'm getting a peice of that money as well so NO they are not going bankrupt
the teams not spending money make more now since they get to share the luxury tax from people like cohen - with cap and floor they would lose more money - wake up pea brain
Great episode Brodie. I have a feeling that Soto didn't sign with the Dodgers not because of money (because LAD has infinite), but because Soto would then be like the 3rd or 4th superstar in the lineup. With the Mets, he is more of a singular star role, garnering more of the attention. Just my thoughts.
The economics of baseball are going to destroy the sport. I dated a MLB player when I lived in the USA, and was always on players side of contracts and worth, but this deal is damaging to both players and teams. Less and less number of teams seem to be signing the top end of the talent, and in turn fans of the non-super teams will lose interest in the sport overall. This contract pays Soto over a dollar and a half per second for the next 15 years, day or night, game or no game day.
It's only a matter of time before the World Series, NBA Finals, and Super Bowl are pay-per-view events to help subsidize salaries. Believe it or not, heavyweight title fights used to be free TV. Congratulations to his agent.
Ohtani opened up the floodgates for contracts this big. Judge signed just two years ago for an AAV 10 million less than Soto right now, and he’s objectively been a better player, and was coming off a better year. Seeing a contract at 700 million for Ohtani showed the players that owners are willing to go that high for superstars, and they will continue to reap the benefits from it. Soto is only the first.
Soto and Ohtani are very different though. It just so happens that their contracts were back to back in years in the making. These are outliers. I think the market will reset to the Trout area for future stars. It's just so rare that a free agent of Juan Sotos caliber hits the free agency market with his talent and accomplishments.
@ Soto is an Ohtani-level hitter, they’re fairly comparable in terms of OPS and such, but Ohtani is also fast, steals bases, and of course pitches. Soto mashes, and he’s very young, but I think if he had hit the market before Ohtani his contract probably would have been much closer to Trout’s.
I see a strike after the CBA ends. Cause financial malpractice. Cause not all the teams can kick the can down the road. Still be competitive in the future. Until the owners figure it out. Strike is happening.
I think it would technically be a lockout that is coming, and outside of the big 5-6 teams, the smaller market owners are going to be steadfast in brining in a salary cap.
@@Kira_Kovalyova wrong - the small market teams would make less money under a cap - they get to take all that luxury tax now that they would not get and then there would a be floor so they would lose money - the system benefits the small market teams now - if you were not a pea brain you know this
Teams give these kinds of contracts out, yet we as taxpayers have to fund their stadiums and pay for them. It’s totally ridiculous. If you can afford to pay one player this, pay for your own damn park.
great points brodie. However, the SF Giants already proved that super stars dont win world series' , its about the team. Great pitching staffs, great defense, and good line ups.... its no mystery
Kudos, Brodie, for doing late night yeomans work. I can see Soto, if he doesn't opt out, maybe reaching 9 years max output. Remember Giancarlo Stanton, how hot he was his first few seasons, then look at him now, and he still has what, 4 more years on that contract? These ultra long contracts are just absurd, especially because the average fan who used to attend multiple games per season, can't even afford to take the family to one game a year. Also, your point about is it good for baseball, is spot on. MLB is becoming a 6 or 8 team sport. The majority of the leagues fan bases can NEVER dream of being competitive enough to win a championship. I'm reminded of when Bowie Kuhn was Commissioner, and nixed a deal between the Red Sox and A's, in the '70s, saying it wasn't in the best interests of baseball.
I don’t think you can make comparisons like this. When you’re one of the very best in the world at what you do, you’re going to get paid an astronomical amount, doesn’t matter what industry you’re in.
@@benkelly7499 You're missing the point ben, owners F over their fans on Tickets, Parking, food and beverage at their ballparks; then have the audacity to offer insane contracts such as this one. Soto would be overpaid at 30 million per. They're making a mockery of the entire economics of their sport and fanbase.
The very best surgeons don't make 700 million in 15 years. The only people that make that kind of money are Elon musk, Jeff Bezos, and professional athletes. Maybe an actor/signer or two. Really tells what we value as a society.
I agree it s time for a salary cap in baseball baseball cannot continue with these massive contracts for players for the big market teams or else the small market teams won t survive or compete
As a UK Angels fan, I am aware of baseball matters but not in the American bubble. Its monopoly money, with soto taking $51m a year over $47m a year, no one is worth that money, and unless baseball gets a grip very soon, the sport could be in trouble, 2 teams playing in minor league parks yet top players earning $50m a year, tv deals getting re-set, even the top teams playing most games in half empty stadiums, the sport is treading a knife edge, but authorities dont seem to care, all about greed which will eventually require a hard re-set.
First time on your channel and did a great presentation. I’m a Yankee fan and I am glad he was not signed. Mets are not one player away and Yankees are definitely not one player away.
I'm a Mets fan and I think this deal is insane... don't get me wrong, I'm glad we got Soto and I'm glad to have an owner who doesn't treat the Mets payroll like they are a AA minor league team like the Wilpon family did for years, but I don't see Soto as an Ohtani type player who is worth it for a record breaking contract, I hope I'm wrong about that... if this is where the markets are headed, then I don't see how media rights/ticket sale revenue can keep pace
Oh ya, our hearts will be broken. Imagine if you only got $650 million for playing baseball when you were expecting $765 million. We'll have to set up a GoFundMe to make up the difference.
@ true but at some point in time, you reach profit maximization. Charging 35 dollars a beer and 15 dollars a hot dog, doesn’t mean revenues will increase. At some point you out price the market.
The owner of the Mets is worth like 20x the contract and he made his money by insider trading. He did it so obviously he actually had to plead guilty instead of settling. I'm never gonna judge athletes for getting huge contracts. They are way more deserving of unimaginable wealth than their team owners.
Alex Rodriguez at one time signed the largest contract in MLB history, he won ONE championship. It was money well spent, although, derailed by his steroid suspension. The market determines the value and there was a market for Soto. Winning a championship in any sports league is never a guarantee. Legends are created when they do win them. No one wins a championship just by signing a player. In American sports, it's nice when a player wins accolades during the season, not so nice when that same player is underperforming during the playoffs. This is how we measure success. Talk is cheap.
As a pirates fan this news pretty much confirms we are GUARANTEED not to keep Skenes after his arbitration years are over. 750 million dollars? It’s absolutely ABSURD! Come on man. And you wonder why the mlb is getting less relevant and the NHL is starting to grow more nowadays. Lol
Looking at some other high-value contracts in recent memory and putting them in an age-31 comparison in yearly order to show just how quickly the AAV has exploded. Giancarlo Stanton : signs a 13 yr/$325M deal in 2015. In his age-31 season in 2021, $29M. Mike Trout : Signs a 12 yr/$426M deal in 2019. In his age-31 season in 2023, $37.1M Shohei Ohtani : We all know his details. In his age-31 season in 2026, might’ve been $70M for that season, but with the deferral, will be like a $45M ‘that season’ deal. Juan Soto : His Age-31 season in 2030 comes after his 5th year opt out, so worst case $55M a year if Mets opt in, but potentially more if Soto goes for, and gets a new deal to take him through his 30s.
As a Yankees fan, I'm glad it wasn't the Yankees dropping that kind of money for one player. Now use that intended money to pick up better pitching and fill the fielding holes.
And the media wondered why that Thompson CEO received *ZERO SYMPATHY* ... we here in the West, in North America but also Europe & Oceania have our priorities in the wrong places ... we are stanning millionaires throwing, batting, dunking or kicking balls/eggs/pucks ... 😢
I still can't believe he is signing with the Mets. By that of course I mean that literally like the day before he signed with the Mets I got a notification on my phone that he signed with the Red Sox. I would like to have whoever wrote the article that Google suggested to me about him signing with the Sox or potentially signing with the Sox to be fired into the sun. Thank you.
I remember when A-Rod signed with Texas for 250 million. How'd that go? It just proves you have to do more than just spend money to win a championship. What matters now is how they go about addressing the rest of the holes in their team. As far as whether it's good for baseball? Absolutely not. Any young phenom in a small market team will only be there until he eligible to sign with New York or LA or one of the other big markets.
There's a reason NBA/NHL have stop teams from signing deals like this putting cap on years ...now it's more important for teams to not have bad deals when there's a salary cap but still you gotta take it off the table cuz teams will give it for short term gains f the future
geez breaking it down really makes the enormity insane, just thinking about myself he is going to make more money in a day than i do in 3-4 years of working. seeing the big numbers is everywhere but to think about it as he will make more money in a single day than i will in 3-4 years really is mind blowing to think about
The only way the MLB will get a salary cap is if the owners lock out the players for half or an entire season. The NHL lost an entire season to get a salary cap. The MLB would probably have to lose an entire season to get a salary cap. After one year of not getting paid the MLBPA would then give in to go back to work.
Lol you think it's the players blocking the salary cap? It's the owners ...they don't want to open the books if the owners said oh here's a salary cap with a floor with around 50% of revune to the players ...the players are going take it would benefit like 85% of players
There is no way the MLBPA will ever accept a salary cap, even with a floor. LA, NY, Bos, Chi will never agree to sharing revenue equally with the other clubs. There is the Steve Cohen tax at the top end, but with him having more money than any other owner, that will not stop the Mets. When this labor agreement ends, I can see a long work stoppage until the owners get their cap. If they were willing to cancel the 1994 World Series, what stops them for canceling an entire season?
The Mets learned nothing from their previous bad contracts. He has about 6 years before his production drops off drastically. He will never play 15 years, and if he does, he’ll hit under .200 after he reaches age 34. The Mets are crazy.
No way this guy is hitting under .200 until he’s like 37 38, Soto is the modern day Ted Williams. He’s got godlike plate discipline that does not come along everyday and Soto is an on base machine. He’ll probably have some falloff but I don’t see that drop off happening until around the 10yr mark. Do I think it’s still an overpay? Definitely, but to think Soto is going to falloff at 32 is crazy for a player of the talent that Soto has
Mets did it to sink the Yankees. This is a huge hole to fill for Steinbrenner who got outbid several times by the Dodgers last year for players. Padres are elated! Got those Yankee prospects for a player that would never return.
Man, as a fan of the Giants, Adames and his contract seems tame compared to this and the contract is a 7 year 182 million Dollars with an additional 22 million on top of that.
Scott Boras will single handedly make Baseball go broke with these massive contracts! Boras telling his clients to hold out to get the highest contracts is literally going to bankrupt baseball and exactly why MLB needs a hard salary cap.
Considering the Dodgers are getting money back from overseas fans just for having Ohtani on their team, need to see how well this works out for the Mets.
What does Juan Soto care if people deem he's "lived up" to his contract? Sure, from the perspective of legacy and the spirit of the game, it's insanely important. But contracts have gotten to the point these dudes get multi generational wealth no matter what their legacy is, that money will look the same if he's babe Ruth for 15 years, or if he's barely better than a role player for 15 years.
Legitimately where does the money come from MLB doesn't have enough popularity to be making these big contracts like is the Mets guy that rich to just dish out this over the rest of his life like wtf
Brodie why question if this is good for baseball without representation that payroll and winning isn't directly correlated. Kansas City locked up BWJ, Cleveland locked up Jose Ramirez, Houston locked up Altuve, Atlanta locked up an entire young core, Seattle locked up Julio, Milwaukee locked up Jackson Chourio. If you don't want to compete at the top of the marker for FA maybe you should lock up your young talent when they're making peanuts compared to the rest of the league. It's just that simple. I will never root for the players not earning as much as they can and it baffles me anytime people question whether this is good for the game because the revenue otherwise would go back in the owners pocket.
@bl-ni1iu If Ramirez wanted market value they also would have traded him and got a haul. The overall point is MLB is more competitive than any sport despite payrolls being polar opposites. There is a correct way to operate as a smaller market and be competitive Brewers and Guardians don't struggle Rays, Royals, and Diamondbacks all been to world series in the past 10 years. Why take from the what the players earn when owners don't even SHOW THEIR BOOKS! I can't believe how many people fall for the lies propagated by billionaires without proof every single offseason.
@@ricobaker470 You equate trading a guy like Jose Ramirez for "a haul", (which hey, might contain another Jose Ramirez type that they'd have to trade when he wants paid) with signing him to a career contract. Fans NEED players they can connect with and define that generation of the team. If it's a revolving door of players or you keep seeing guys you love in other jerseys, fans are more likely to lose interest (especially casual fans). On the topic of misery owners, I find it very interesting that all the "cheap" owners are in small market cities, and all the 'cares about winning" owners are in large markets. Kinda funny that, eh? I'm sure it's just a coincidence and has nothing to do with MLBs profit structure being majority based on regional TV contracts. One can blame billionaires for a lot in this world, don't think this is one of them boss.
@bl-ni1iu Your response regarding the downfall of a hypothetical Ramirez trade was already answered in my original comment. Sign players when they're in pre-arb and making the minimum it's truly not that hard of a concept. List of Ownership groups that have a higher net worth than Hal Steinbrenner: Twins, Athletics, Guardians, Astros, Rangers, Tigers, Giants, Padres, Red Sox, Angels, White Sox, Cubs, Nationals, Phillies, Orioles, and Cardinals. Both the Braves and Blue Jays are owned by publicly trading companies, so their literally above everyone in a tier by themselves. This list proves that most owners are capable of doing more and for the few that aren't like the Rockies, Rays, Reds, Pirates, Mariners, and Marlins it's very simple if you can't provide the funds needed to sustain rising payrolls then you need to sell your team. Peter Seidler proved that if you're in a "small market," you must spend to build hype and motivation behind your fanbase, and more than likely, it will have to come from your own pocket. Now, the Padres have a great team and a ballpark that sells out every night due to one of the strongest season ticket holders base in the league. Before Peter, that was never the case. Tigers and Nationals were both top 10 payrolls during their winning windows over the last 15 years. Tragically, both owners passed away and the children don't spend nearly to the levels of their fathers. Ownership is everything in baseball, but to blatantly trust that billionaires can't do more when they also don't show their books is extremely foolish.
@ricobaker470 obviously we aren't going to find common ground. Believe what you want, we'll see whose right in a decade when baseball looks RADICALLY different...
Payrolls keep climbing, crazy contracts. And Kaval said they'd like to be in the upper 3rd in payroll. Yeah, right! A's were top payroll in the early 90s under the great Haas ownership. This was before revenue sharing and big TV/merchandise money.
Baseball needs a salary cap and it needs to happen now even if it means no baseball for a year like what happened with the NHL, the NHL is far better off now due to their salary cap.
I’d like to add on as well it also shows just how UNDERPAID NHL players are as a pens fan who’s also a Pirates fan it’s ABSOLUTELY RIDICULOUS a player like Sidney Crosby literally a top 5-10 nhl player of all time only makes 8.7 million a year but Soto will be making 55 MILLION a year. MLB players make wayyyyyyyyyyy too much relative to other sports. I truly don’t understand it man.
I’m also a Pens fan and hockey is my favorite sport but it’s simply not as popular and its salary cap is extremely low compared to other sports (baseball doesn’t even have one). Also Crosby could’ve made more but is extremely loyal and has 100 times more class than a greedy player like Soto
The problem is Hockey on TV is inferior to FIFA Football , while basically being the same concept. Sure Hockey is a bit faster, but casual fans like me can't even see the puck. FIFA Football & Baseball ( & Wimbledon Tennis ) don't have that problem. Hockey will never become big. Barriers to entry are too high, plus CTE will reduce future talent pool just like it will in NFL Football.
@@RaidingJaguarX The nhl plays half the games but the physical aspect of the sport pretty much makes you feel like you actually play 162 games. Not to mention training camp, multiple rounds in the playoffs etc etc.
Great to see you commenting on things other than bay area info. With these escala and ting salaries the average fan won't be able to afford a ticket. They need to so something..
As a Braves fan you can criticize them for having a philosophy of never doing a huge contract. But, just imagine the lost funds if Soto has a major injury -- Braves' Acuna has had two of them that's cost him over 2 seasons -- if not in total time, certainly in production as he was recovering. The unpredictable major injury is reason enough not to put all the proverbial eggs in one basket. The other is there's not many RBIs to be had if no one is on base. There's not many wins if you don't have a pitching staff. Great deal for Soto. Maybe a horrible deal for the Mets.
Cohen is fiscally irresponsible. Mets don't have a big enough market (markets are by team, not city) to finance a contract that size and hope to win. Mets will be bleeding money. He'll basically be paying this out of pocket for this until he can't. Oh, and your breakdown text is confusing.
The Mets could win the next 5 world series titles and this would still be too much. By year 6 or 7 this will be a bad contact. By year 10 it'll be a catastrophe
You stated that the Yankees offered $760 million for 16 years offered, $5 million less than the Mets. But if you do math, the Yankees offer amounts to $47.5 million per year, multiple that by 15 years, equals to $712.5 million. Which is $52.5 million less than the Mets offer for the same amount of years. If Juan Soto had stayed with the Yankees, he had to play an additional year and make $5 million less. He made a wise business decision. "Lets Go Mets". Mets fan for 57 years.
It's the Mets, so Juan Soto will either suffer an injury that makes him a mediocre player, but won't void the contract, or will gain about a hundred pounds. I wish I knew where I could place a bet that for over a third of his contract, he'll be a very mediocre player at best. If you want to know why teams like the A's don't even try to compete for players in FA, this is yet another example. It's more profitable to put out a cheap team and lose, than to try to compete every year.
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Players getting paid close to a billion dollars, yet cities are expected to give hundreds of millions to teams to build and renovate stadiums? Yea ok
💯Funded by taxpayers! 💯
53% of that contract goes back to the state and the fed after taxes. Plus agent fees. Soto probably getting 45% of the contract
@@vicvic2081you are missing the point of the post but poor baby! Taxes are what they are.
Sports are an important distraction for the masses. Without them, there is a higher chance that the elites are found out and overthrown.
People do realize that most companies survive on subsidies and tax breaks. Building a stadium is no different.
Contracts like this are exactly why the MLB needs a harder cap. As a hockey fan, the NHL used to not have a salary cap, which caused the league to be dominated by just a handful of rich big markets. Not only did it make the league uncompetitive, but the contracts became so massive, that it caused the 2005 lockout. The MLB is heading down this same path at this rate.
100%, and if anything, the fans of the other 25 "have not" teams are going to gradually lose interest when all the action is only happening in two markets each and every year.
Yes. There's 10 teams at or below $111M payroll. There's 10 teams above $211M in payroll. So those bottom ten teams literally would have to DOUBLE their payroll, and then ADD MORE, to be competitive..... The chasm is too wide.... 2 of those teams are homeless right now.... Feels very unsustainable...
salary cap? then no more revenue sharing and definitely no luxury tax sharing. There is reason why baseball has no (hard) salary cap. Salary floor would be more realistic improvement.
@@Akaris001 What makes you think that a salary cap would take away revenue sharing? League revenue comes from ticket sales. The tickets are sold, the more all the owners benefit because the salary cap is determined by how many tickets are sold. And whenever a league expands, the expansion fee is distributed to all the owners. That's revenue sharing.
Having a salary cap would ensure that there are no superteams that can make the league uncompetitive, which is objectively far worse for the sport than the owners making marginally less money. Everyone hated seeing the Patriots in the Super Bowl every year because it made the NFL uncompetitive. Imagine how much seeing just the Dodgers, Mets, and Yankees in the World Series every year would ruin the sport. Almost every other team in the league would be rendered irrelevant, and the massive unfair advantage that the biggest markets have would absolutely piss off the other owners. Who would even want to expand into the MLB when they need to spend another billion dollars to make their team good enough to contend?
A cap can't happen without a salary floor. The players association will never go for it.
Soto could fund the Rays’ half of their new stadium.
not only that... could have paid it off in half (15 years) the time vs 30!!
He should build the rays new stadium LOL
He could probably buy the Dominican Republic. Lol.
This is sheer lunacy and absolute insanity!
what is sheer lunacy is that donald trump is going to be president again - but you have no problem with a crooked criminal and traitor billionaire like trump being president
Just when everyone laughs at Bobby Bonilla Day, Juan Soto Day becomes a distinct possibility.
Juan Soto Day was this past Sunday
His is front loaded unlike Bobby Bonilla's.
so does judge and ohtani - how come you were not complaining about their contracts - pea brain liar
why do you yankee fans care if this is going to hurt the mets -
Imagine paying $765 million dollars to 1 player just to finish 3rd place in the NLEast
The problem is some teams will never be in play for contracts like these no matter how much fans want them or if they want to return. I think it’s impossible to build a lasting fanbase like that
These huge contracts never work out and teams/fans always regret them. Good luck to the Mets, they need it.
Yes they are going to regret it, he is just one dimensional player
so if they never work out then why is every one crying and screaming for a salary cap now that the mets are only doing what the other rich teams have been doing for decades - the mets are not allowed to compete with yankees and dodgers - stop with this phony out rage
Baseball is bankrupting itself with these salaries, within 5 years teams like Minnesota, white sox, Rays, cardinals and more will be non competitive and will fold within 10 years,
Basically every team outside of :
Dodgers, Yankees, Mets, Red Sox, Cubs & Giants
back to a small league like Original Six in Hockey 😕
The cardinals will fold? R u a beginner fan, the cards have always had a solid base of fans( 35k+ a game,
@@brando7266 The cardinals were a former big level club, but the new reality is markets like SF, Atlanta, St. Louis and Boston that used to be large market teams are now being downgraded to mid tier teams, that may compete for playoffs, but never will sniff a World Series again
@Kira_Kovalyova if u have a good gm and the right manager, u can overachieve in the playoffs, or the big teams will get too cocky, not be hungry, and that creates chances for upsets,
Well considering Cohen and the mets will pay a very big luxary tax, and with the revenue sharing system, if i'm the owner of those said franchise, I wish Cohen would spend 1billion instead of 750 million. I'm getting a peice of that money as well so NO they are not going bankrupt
MLB needs a salary cap yesterday
And a salary floor!
Don't forget a price limit on seats and merchandise along with concessions at stadiums that we were all forced to pay for.
the teams not spending money make more now since they get to share the luxury tax from people like cohen - with cap and floor they would lose more money - wake up pea brain
@@pugmalley no one is force to pay - you do not have to go to the games - stop playing the victim card
We all knew he'd be expensive, but I don't think much of anyone thought the price would be that outlandishly high.
He’s not worth half of that. It’s also not going to win you games when the pitching still sucks.
Great episode Brodie. I have a feeling that Soto didn't sign with the Dodgers not because of money (because LAD has infinite), but because Soto would then be like the 3rd or 4th superstar in the lineup. With the Mets, he is more of a singular star role, garnering more of the attention. Just my thoughts.
Nah, he did it for money
The Dodgers don't spend stupid with no flexibility, they probably had a limit of 600-700. It was Definitely the money
On the Star Trek series “Deep Space Nine” set in the 24th Century, Major League Baseball was said to have ended in 2028. Now we know why.
Can’t wait for the NY media to cry foul when Soto’s batting .220 in August.
What a joke salaries have become
The economics of baseball are going to destroy the sport. I dated a MLB player when I lived in the USA, and was always on players side of contracts and worth, but this deal is damaging to both players and teams. Less and less number of teams seem to be signing the top end of the talent, and in turn fans of the non-super teams will lose interest in the sport overall. This contract pays Soto over a dollar and a half per second for the next 15 years, day or night, game or no game day.
It's only a matter of time before the World Series, NBA Finals, and Super Bowl are pay-per-view events to help subsidize salaries. Believe it or not, heavyweight title fights used to be free TV. Congratulations to his agent.
Ohtani opened up the floodgates for contracts this big. Judge signed just two years ago for an AAV 10 million less than Soto right now, and he’s objectively been a better player, and was coming off a better year. Seeing a contract at 700 million for Ohtani showed the players that owners are willing to go that high for superstars, and they will continue to reap the benefits from it. Soto is only the first.
Soto and Ohtani are very different though. It just so happens that their contracts were back to back in years in the making. These are outliers. I think the market will reset to the Trout area for future stars. It's just so rare that a free agent of Juan Sotos caliber hits the free agency market with his talent and accomplishments.
@ Soto is an Ohtani-level hitter, they’re fairly
comparable in terms of OPS and such, but Ohtani is also fast, steals bases, and of course pitches. Soto mashes, and he’s very young, but I think if he had hit the market before Ohtani his contract probably would have been much closer to Trout’s.
I see a strike after the CBA ends. Cause financial malpractice. Cause not all the teams can kick the can down the road. Still be competitive in the future. Until the owners figure it out. Strike is happening.
I think it would technically be a lockout that is coming, and outside of the big 5-6 teams, the smaller market owners are going to be steadfast in brining in a salary cap.
They need a floor as well as a cap. If that's doable.
I get what your saying ..there's no deferred money in this likee the dodgers
the small market owners make more now than they would under a cap pea brain - you cannot be this stupid
@@Kira_Kovalyova wrong - the small market teams would make less money under a cap - they get to take all that luxury tax now that they would not get and then there would a be floor so they would lose money - the system benefits the small market teams now - if you were not a pea brain you know this
Teams give these kinds of contracts out, yet we as taxpayers have to fund their stadiums and pay for them. It’s totally ridiculous. If you can afford to pay one player this, pay for your own damn park.
Insane this sport doesn’t have cap. Insane.
I'm sure fans of other, less Mets-y teams would disagree, but as a Met fan, this contract resulting in a single ring would be more than worth it.
great points brodie. However, the SF Giants already proved that super stars dont win world series' , its about the team. Great pitching staffs, great defense, and good line ups.... its no mystery
agree with you... entirely
@ thanks Brodie, love your content.
true. But I doubt the Mets will be mathematically eliminated come August/September. They're probably going to add one or two more mega players.
@ yea they do stand a good chance now, spending money does show you care. I hope fisher is taking notes LOL
Explains why the Giants missed the playoffs. 😂
Kudos, Brodie, for doing late night yeomans work. I can see Soto, if he doesn't opt out, maybe reaching 9 years max output. Remember Giancarlo Stanton, how hot he was his first few seasons, then look at him now, and he still has what, 4 more years on that contract? These ultra long contracts are just absurd, especially because the average fan who used to attend multiple games per season, can't even afford to take the family to one game a year. Also, your point about is it good for baseball, is spot on. MLB is becoming a 6 or 8 team sport. The majority of the leagues fan bases can NEVER dream of being competitive enough to win a championship. I'm reminded of when Bowie Kuhn was Commissioner, and nixed a deal between the Red Sox and A's, in the '70s, saying it wasn't in the best interests of baseball.
You can get tickets for most games for less than 20 dollars. I regularly get yankees tickets for less than 10 dollars
They’re making a mockery of their fans with these contracts. Working middle class kill themselves to pay for this?
EXACTLY!
I don’t think you can make comparisons like this. When you’re one of the very best in the world at what you do, you’re going to get paid an astronomical amount, doesn’t matter what industry you’re in.
@@benkelly7499 You're missing the point ben, owners F over their fans on Tickets, Parking, food and beverage at their ballparks; then have the audacity to offer insane contracts such as this one. Soto would be overpaid at 30 million per. They're making a mockery of the entire economics of their sport and fanbase.
The very best surgeons don't make 700 million in 15 years. The only people that make that kind of money are Elon musk, Jeff Bezos, and professional athletes. Maybe an actor/signer or two. Really tells what we value as a society.
@@bl-ni1iu oh you’d be surprised who’s making insane money
MLB needs a salary cap. It’s about time. This contract is ridiculous
I agree it s time for a salary cap in baseball baseball cannot continue with these massive contracts for players for the big market teams or else the small market teams won t survive or compete
Never happen. The MLBPA will shut the game down before they allow a salary cap
That will be an issue when the CBA expires after the coming season
Well there goes the ticket prices for the fans. They need to raise them to pay for him.
One large beer goes from $12 to $17.50.
@@kurtp8833And a lite beer.
I'm a Mets fan and this clearly isn't good for Baseball. When a few teams are way better than everyone else what is the point?
It's ruining baseball
what about when they spend way more, and aren't way better? that's been an issue for some teams too
Looks like the Mets and dodgers are Heading for an arms race lol Yankees, Sox, giants and possibly cubs and Padres behind
@@DanielSilveira-x5p how championships did A Rod with his 2 massive contracts? Or have the Phillies with Bryce Harper?
@@cotrev751, which is more than the Mets has had in nearly 40 years
As a UK Angels fan, I am aware of baseball matters but not in the American bubble. Its monopoly money, with soto taking $51m a year over $47m a year, no one is worth that money, and unless baseball gets a grip very soon, the sport could be in trouble, 2 teams playing in minor league parks yet top players earning $50m a year, tv deals getting re-set, even the top teams playing most games in half empty stadiums, the sport is treading a knife edge, but authorities dont seem to care, all about greed which will eventually require a hard re-set.
First time on your channel and did a great presentation. I’m a Yankee fan and I am glad he was not signed. Mets are not one player away and Yankees are definitely not one player away.
Imagine being 26 and trying to look forward to 15 more seasons ….😂
This makes owning a jet seem affordable. I'd rather have a Gulfstream, heck I'll take a King Air.
I'm a 737 first officer...and he could fly first class for the next 15 years straight on my airline.
i'd be happy with an old Cessna 150
I'm a Mets fan and I think this deal is insane... don't get me wrong, I'm glad we got Soto and I'm glad to have an owner who doesn't treat the Mets payroll like they are a AA minor league team like the Wilpon family did for years, but I don't see Soto as an Ohtani type player who is worth it for a record breaking contract, I hope I'm wrong about that... if this is where the markets are headed, then I don't see how media rights/ticket sale revenue can keep pace
As a Phillies fan this has me shaking, thank god the London Series was this year otherwise I don’t think it would have been a split result
Feel bad for the players in 10 years. Dodgers, Yankees and Mets are going to have so much money tied up in dead salary, they aren’t going to get paid.
Oh ya, our hearts will be broken. Imagine if you only got $650 million for playing baseball when you were expecting $765 million. We'll have to set up a GoFundMe to make up the difference.
Think about the additional awareness and revenue. Dodgers get Japan with Ohtani, and that will attract players for a generation.
@ true but at some point in time, you reach profit maximization. Charging 35 dollars a beer and 15 dollars a hot dog, doesn’t mean revenues will increase. At some point you out price the market.
The Mets don't pay property tax on the stadium built with $650 million tax dollars.
The owner of the Mets is worth like 20x the contract and he made his money by insider trading. He did it so obviously he actually had to plead guilty instead of settling. I'm never gonna judge athletes for getting huge contracts. They are way more deserving of unimaginable wealth than their team owners.
Alex Rodriguez at one time signed the largest contract in MLB history, he won ONE championship. It was money well spent, although, derailed by his steroid suspension. The market determines the value and there was a market for Soto. Winning a championship in any sports league is never a guarantee. Legends are created when they do win them. No one wins a championship just by signing a player. In American sports, it's nice when a player wins accolades during the season, not so nice when that same player is underperforming during the playoffs. This is how we measure success. Talk is cheap.
As a pirates fan this news pretty much confirms we are GUARANTEED not to keep Skenes after his arbitration years are over. 750 million dollars? It’s absolutely ABSURD! Come on man. And you wonder why the mlb is getting less relevant and the NHL is starting to grow more nowadays. Lol
So you hate capitalism?
@ capitalism and communism are both evil in their own ways. Fallen world lol
@jakedasnake7703 well now you have fascism,, which is worse
@@cotrev75this isn’t capitalism. This is crony corruption.
@@cotrev75 just an even greater evil, but still all part of the same tree lol.
Baseball needs a hard salary cap.
Looking at some other high-value contracts in recent memory and putting them in an age-31 comparison in yearly order to show just how quickly the AAV has exploded.
Giancarlo Stanton : signs a 13 yr/$325M deal in 2015. In his age-31 season in 2021, $29M.
Mike Trout : Signs a 12 yr/$426M deal in 2019. In his age-31 season in 2023, $37.1M
Shohei Ohtani : We all know his details. In his age-31 season in 2026, might’ve been $70M for that season, but with the deferral, will be like a $45M ‘that season’ deal.
Juan Soto : His Age-31 season in 2030 comes after his 5th year opt out, so worst case $55M a year if Mets opt in, but potentially more if Soto goes for, and gets a new deal to take him through his 30s.
About the opt out after season 5, the mets can avoid that by adding an extra $4m annually to the remainder of the contract
On the beach, getting a tan. 😂
As a Yankees fan, I'm glad it wasn't the Yankees dropping that kind of money for one player. Now use that intended money to pick up better pitching and fill the fielding holes.
And the media wondered why that Thompson CEO received *ZERO SYMPATHY* ... we here in the West, in North America but also Europe & Oceania have our priorities in the wrong places ... we are stanning millionaires throwing, batting, dunking or kicking balls/eggs/pucks ... 😢
Bread and circus to distract from the reality they live in.
Soto better hit.500 with 90 dingers every year for 5+ years to make that contract a good deal.
I still can't believe he is signing with the Mets. By that of course I mean that literally like the day before he signed with the Mets I got a notification on my phone that he signed with the Red Sox. I would like to have whoever wrote the article that Google suggested to me about him signing with the Sox or potentially signing with the Sox to be fired into the sun. Thank you.
I remember when A-Rod signed with Texas for 250 million. How'd that go? It just proves you have to do more than just spend money to win a championship. What matters now is how they go about addressing the rest of the holes in their team.
As far as whether it's good for baseball? Absolutely not. Any young phenom in a small market team will only be there until he eligible to sign with New York or LA or one of the other big markets.
There's a reason NBA/NHL have stop teams from signing deals like this putting cap on years ...now it's more important for teams to not have bad deals when there's a salary cap but still you gotta take it off the table cuz teams will give it for short term gains f the future
No, you're probably right. He might actually be 29 years old 😆
geez breaking it down really makes the enormity insane, just thinking about myself he is going to make more money in a day than i do in 3-4 years of working. seeing the big numbers is everywhere but to think about it as he will make more money in a single day than i will in 3-4 years really is mind blowing to think about
They’re going to pay him to play baseball till he’s forty one years old? This is nuts
45yo he is not 26 he is 30
@ born in 1998, won’t be 30 till 2028
@@pb51-d8f incorrect. Do some research and you’ll find his real birth cert. bro do your eyes not work? just look at the dude 😭
The only way the MLB will get a salary cap is if the owners lock out the players for half or an entire season. The NHL lost an entire season to get a salary cap. The MLB would probably have to lose an entire season to get a salary cap. After one year of not getting paid the MLBPA would then give in to go back to work.
Lol you think it's the players blocking the salary cap? It's the owners ...they don't want to open the books if the owners said oh here's a salary cap with a floor with around 50% of revune to the players ...the players are going take it would benefit like 85% of players
I don't want to come off as a hater but I truly do not understand how he got this much money
There is no way the MLBPA will ever accept a salary cap, even with a floor. LA, NY, Bos, Chi will never agree to sharing revenue equally with the other clubs. There is the Steve Cohen tax at the top end, but with him having more money than any other owner, that will not stop the Mets. When this labor agreement ends, I can see a long work stoppage until the owners get their cap. If they were willing to cancel the 1994 World Series, what stops them for canceling an entire season?
Can’t wait till the fans say “ENOUGH”, and stop paying the high ticket prices.
Glad he signed with someone
Brodie as of now there’s no guarantee the Mets even win ONE World Series.
And my Mets are STILL paying Bobby Bonilla a deferred fee of $1.19 million every year on July 1 until 2035 😂
I am Day One Nationals fan. My privilege next season is to get to see what Juan Soto and Bryce Harper-as visitors-14 times.
Lol
I’d like to see what effect this will have on the cost for your average family to attend a Mets game…
The Mets learned nothing from their previous bad contracts. He has about 6 years before his production drops off drastically. He will never play 15 years, and if he does, he’ll hit under .200 after he reaches age 34. The Mets are crazy.
No way this guy is hitting under .200 until he’s like 37 38, Soto is the modern day Ted Williams. He’s got godlike plate discipline that does not come along everyday and Soto is an on base machine. He’ll probably have some falloff but I don’t see that drop off happening until around the 10yr mark.
Do I think it’s still an overpay? Definitely, but to think Soto is going to falloff at 32 is crazy for a player of the talent that Soto has
you realize Aaron Judge is 6 years older than Soto, correct?
MLB First 1 Billion Dollar 💵 Player Contract 🥃🔥
Mets did it to sink the Yankees. This is a huge hole to fill for Steinbrenner who got outbid several times by the Dodgers last year for players. Padres are elated! Got those Yankee prospects for a player that would never return.
Man, as a fan of the Giants, Adames and his contract seems tame compared to this and the contract is a 7 year 182 million Dollars with an additional 22 million on top of that.
what a waste.. He will be good for about 5 years of the 15. These teams never learn.
The lack of competitive balance makes me more apathetic one contract at a time. No way this is sustainable. It’s out of control
Bro gonna opt out after 5 years then go to the Dodgers. lol
That would be great for the Mets. Get his prime years then that contract is off the books 👍
Scott Boras will single handedly make Baseball go broke with these massive contracts! Boras telling his clients to hold out to get the highest contracts is literally going to bankrupt baseball and exactly why MLB needs a hard salary cap.
Good for soto
This is a life time of sacrifise and hard work to become the best and get paid what he deserves
Considering the Dodgers are getting money back from overseas fans just for having Ohtani on their team, need to see how well this works out for the Mets.
What does Juan Soto care if people deem he's "lived up" to his contract? Sure, from the perspective of legacy and the spirit of the game, it's insanely important. But contracts have gotten to the point these dudes get multi generational wealth no matter what their legacy is, that money will look the same if he's babe Ruth for 15 years, or if he's barely better than a role player for 15 years.
Legitimately where does the money come from MLB doesn't have enough popularity to be making these big contracts like is the Mets guy that rich to just dish out this over the rest of his life like wtf
Instead of just re-signing Pete Alonso the Mets decided to insanely overpay Juan Soto just to make sure that Evil Empire didn't re-sign him.
Imagine if the Rays had that money, Juan Soto is worth a new baseball stadium, someone please save the Rays :')
Why? Their own city doesn't care about them,
Brodie why question if this is good for baseball without representation that payroll and winning isn't directly correlated. Kansas City locked up BWJ, Cleveland locked up Jose Ramirez, Houston locked up Altuve, Atlanta locked up an entire young core, Seattle locked up Julio, Milwaukee locked up Jackson Chourio. If you don't want to compete at the top of the marker for FA maybe you should lock up your young talent when they're making peanuts compared to the rest of the league. It's just that simple. I will never root for the players not earning as much as they can and it baffles me anytime people question whether this is good for the game because the revenue otherwise would go back in the owners pocket.
Cleveland only got Jose because he took a team friendly contract. If he wanted market value, he would have been gone...just like Lindor.
@bl-ni1iu If Ramirez wanted market value they also would have traded him and got a haul. The overall point is MLB is more competitive than any sport despite payrolls being polar opposites. There is a correct way to operate as a smaller market and be competitive Brewers and Guardians don't struggle Rays, Royals, and Diamondbacks all been to world series in the past 10 years. Why take from the what the players earn when owners don't even SHOW THEIR BOOKS! I can't believe how many people fall for the lies propagated by billionaires without proof every single offseason.
@@ricobaker470 You equate trading a guy like Jose Ramirez for "a haul", (which hey, might contain another Jose Ramirez type that they'd have to trade when he wants paid) with signing him to a career contract. Fans NEED players they can connect with and define that generation of the team. If it's a revolving door of players or you keep seeing guys you love in other jerseys, fans are more likely to lose interest (especially casual fans).
On the topic of misery owners, I find it very interesting that all the "cheap" owners are in small market cities, and all the 'cares about winning" owners are in large markets. Kinda funny that, eh? I'm sure it's just a coincidence and has nothing to do with MLBs profit structure being majority based on regional TV contracts.
One can blame billionaires for a lot in this world, don't think this is one of them boss.
@bl-ni1iu Your response regarding the downfall of a hypothetical Ramirez trade was already answered in my original comment. Sign players when they're in pre-arb and making the minimum it's truly not that hard of a concept.
List of Ownership groups that have a higher net worth than Hal Steinbrenner: Twins, Athletics, Guardians, Astros, Rangers, Tigers, Giants, Padres, Red Sox, Angels, White Sox, Cubs, Nationals, Phillies, Orioles, and Cardinals. Both the Braves and Blue Jays are owned by publicly trading companies, so their literally above everyone in a tier by themselves. This list proves that most owners are capable of doing more and for the few that aren't like the Rockies, Rays, Reds, Pirates, Mariners, and Marlins it's very simple if you can't provide the funds needed to sustain rising payrolls then you need to sell your team.
Peter Seidler proved that if you're in a "small market," you must spend to build hype and motivation behind your fanbase, and more than likely, it will have to come from your own pocket. Now, the Padres have a great team and a ballpark that sells out every night due to one of the strongest season ticket holders base in the league. Before Peter, that was never the case.
Tigers and Nationals were both top 10 payrolls during their winning windows over the last 15 years. Tragically, both owners passed away and the children don't spend nearly to the levels of their fathers. Ownership is everything in baseball, but to blatantly trust that billionaires can't do more when they also don't show their books is extremely foolish.
@ricobaker470 obviously we aren't going to find common ground. Believe what you want, we'll see whose right in a decade when baseball looks RADICALLY different...
Well to be worth that price tag at least 10 MVP caliber seasons and a few WS rings.
I legit got Dizzy when I saw the number had to lay down
I hope you’re ok 🙏
wait until you take a look at the national debt.
$36 TRILLION freaking dollars in debt. There is no recovering from that.
@@joeg5414 thank you Mr. Sunshine
👨💼...MOST OF THESE BIG CONTRACT PLAYER'S NEVER WIN IT ALL
They just themselves over
Payrolls keep climbing, crazy contracts. And Kaval said they'd like to be in the upper 3rd in payroll. Yeah, right! A's were top payroll in the early 90s under the great Haas ownership. This was before revenue sharing and big TV/merchandise money.
Baseball needs a salary cap and it needs to happen now even if it means no baseball for a year like what happened with the NHL, the NHL is far better off now due to their salary cap.
Just one more reason to root against the mets.
Albatroz contract.
The only way the Mets come ahead is by banking on a runaway double digit inflation.
I’d like to add on as well it also shows just how UNDERPAID NHL players are as a pens fan who’s also a Pirates fan it’s ABSOLUTELY RIDICULOUS a player like Sidney Crosby literally a top 5-10 nhl player of all time only makes 8.7 million a year but Soto will be making 55 MILLION a year. MLB players make wayyyyyyyyyyy too much relative to other sports. I truly don’t understand it man.
I’m also a Pens fan and hockey is my favorite sport but it’s simply not as popular and its salary cap is extremely low compared to other sports (baseball doesn’t even have one). Also Crosby could’ve made more but is extremely loyal and has 100 times more class than a greedy player like Soto
Soto plays twice as many games. If the NHL played 162 games it might be different, I guess. lol
The problem is Hockey on TV is inferior to FIFA Football , while basically being the same concept.
Sure Hockey is a bit faster, but casual fans like me can't even see the puck.
FIFA Football & Baseball ( & Wimbledon Tennis ) don't have that problem.
Hockey will never become big.
Barriers to entry are too high, plus CTE will reduce future talent pool just like it will in NFL Football.
@@RaidingJaguarX The nhl plays half the games but the physical aspect of the sport pretty much makes you feel like you actually play 162 games. Not to mention training camp, multiple rounds in the playoffs etc etc.
Baseball plays twice the number of games in venues that hold twice the number of fans. It comes down to revenue. Hockey is more competitive though.
Great to see you commenting on things other than bay area info. With these escala and ting salaries the average fan won't be able to afford a ticket. They need to so something..
Put it in the books, baby!!! Everyone in the comments hating are hypocrites! 😂😂
Look forward 10 years when even bench warmers are being paid $100 billion… Baseball retracts to about 8 teams…
It’s depressing how much these guys are getting paid! Blake treinen is a reliever and he is now getting paid $11 million a year.
As a Braves fan you can criticize them for having a philosophy of never doing a huge contract. But, just imagine the lost funds if Soto has a major injury -- Braves' Acuna has had two of them that's cost him over 2 seasons -- if not in total time, certainly in production as he was recovering. The unpredictable major injury is reason enough not to put all the proverbial eggs in one basket. The other is there's not many RBIs to be had if no one is on base. There's not many wins if you don't have a pitching staff. Great deal for Soto. Maybe a horrible deal for the Mets.
MLB needs a hard salary cap like NHL and NFL. This is getting ridiculous.
Cohen is fiscally irresponsible. Mets don't have a big enough market (markets are by team, not city) to finance a contract that size and hope to win. Mets will be bleeding money. He'll basically be paying this out of pocket for this until he can't.
Oh, and your breakdown text is confusing.
We’ll see how his numbers fall without Judge batting behind him, and no short porch
Utterly insane and, as almost all the mega deals turn out, this one will ultimately be judged a failure.
Have NY teams not learned? Dipietro? Bonilla?
That's the price for New York. And it's teams.
If I was a player I would take no less than 22 million a year to play in New York . After seeing this.
Love the AB stat but sickened by the amount of money paid! Bad for baseball??? Maybe. Bad for baseball fans??? Absolutely!!!
The Mets could win the next 5 world series titles and this would still be too much. By year 6 or 7 this will be a bad contact. By year 10 it'll be a catastrophe
$140,000 a day even if he’s getting a tan somewhere on the beach? Mind blowing!
If they get 3+ titles it would be worth it
They getting 5 and one next season
You stated that the Yankees offered $760 million for 16 years offered, $5 million less than the Mets. But if you do math, the Yankees offer amounts to $47.5 million per year, multiple that by 15 years, equals to $712.5 million. Which is $52.5 million less than the Mets offer for the same amount of years. If Juan Soto had stayed with the Yankees, he had to play an additional year and make $5 million less. He made a wise business decision. "Lets Go Mets". Mets fan for 57 years.
i didn't state that... but... it's not false.
In all likelyhood he wont be playing at 42 anyway and still gets the money, bit like A-Rod
It's the Mets, so Juan Soto will either suffer an injury that makes him a mediocre player, but won't void the contract, or will gain about a hundred pounds. I wish I knew where I could place a bet that for over a third of his contract, he'll be a very mediocre player at best.
If you want to know why teams like the A's don't even try to compete for players in FA, this is yet another example. It's more profitable to put out a cheap team and lose, than to try to compete every year.