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MLB Record Contracts: Soto, Ohtani, Trout, Betts, Judge, And More

New York Yankees' Juan Soto celebrates after hitting a home run against the Los Angeles Dodgers during the third inning in Game 2 of the baseball World Series, Saturday, Oct. 26, 2024, in Los A

Juan Soto and the New York Mets have reached a historic agreement on a 15-year, $765 million contract, making it the 12th contract in Major League Baseball history to exceed $325 million. This deal, which is pending a successful physical, sets a new benchmark in sports contracts, surpassing Shohei Ohtani's $700 million deal from the previous winter.

Soto's contract with the Mets does not include any deferred payments. The outfielder declined a $440 million, 15-year offer from the Washington Nationals in 2022 before being traded to the San Diego Padres and then the New York Yankees. Soto, at just 26 years old, became a free agent and secured this record-breaking deal.

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