Author Topic: 2024 MLB Offseason  (Read 13120 times)

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2024 MLB Offseason
« on: December 08, 2024, 11:21:52 PM »

Online Phantom255x

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Juan Soto to the Mets. 15 years, 765M.

WOW
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Re: 2024 MLB Offseason
« Reply #1 on: December 09, 2024, 05:55:35 AM »

Offline kraidstar

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Juan Soto to the Mets. 15 years, 765M.

WOW

Soto's yearly pay is higher than the A's total payroll.

And his total contract is worth nearly as much as the Miami Marlins

Re: 2024 MLB Offseason
« Reply #2 on: December 09, 2024, 06:16:10 AM »

Offline Birdman

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Juan Soto to the Mets. 15 years, 765M.

WOW
Geez! 15 years also, no way I would done that to no player
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Re: 2024 MLB Offseason
« Reply #3 on: December 09, 2024, 07:17:37 AM »

Offline boscel33

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Juan Soto to the Mets. 15 years, 765M.

WOW

Wonder where the Sox move to after this.  I really thought they had the best shot at him.  Santander and Hernandez are in their 30's and may not line up with the timeline of the Sox but might be their best options.
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Re: 2024 MLB Offseason
« Reply #4 on: December 09, 2024, 07:56:02 AM »

Offline Vermont Green

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Juan Soto to the Mets. 15 years, 765M.

WOW
Geez! 15 years also, no way I would done that to no player

He is 26 now, will be 41 at the end of this.  I am not upset that the Red Sox didn't "win" this.  Hopefully for the money they didn't spend on Soto, they can sign a couple of good starting pitchers and a good bat.

Re: 2024 MLB Offseason
« Reply #5 on: December 09, 2024, 08:06:44 AM »

Offline greg683x

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Juan Soto to the Mets. 15 years, 765M.

WOW
Geez! 15 years also, no way I would done that to no player

He is 26 now, will be 41 at the end of this.  I am not upset that the Red Sox didn't "win" this.  Hopefully for the money they didn't spend on Soto, they can sign a couple of good starting pitchers and a good bat.

What?s wild is that he has an Opt out after 5 years, so he can hit free agency and do this again.

If he doesn?t take the opt out he gets a 4 million dollar a year kicker for the remaining 10 years.  He could shred his knees and be cooked by year 3, and end up getting a 4 mil a year raise for a decade
Greg

Red Sox miss out on Juan Soto
« Reply #6 on: December 09, 2024, 08:59:04 AM »

Offline Roy H.

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The Juan Soto sweepstakes officially is over and unfortunately the Boston Red Sox didn't come out on top.

The New York Mets swooped in and got a mega deal done with him worth a reported $765 million over 15 years with escalators to increase the value to roughly $800 million when it is all said and done.

Boston didn't pull off the franchise-altering move, but it did certainly try. The Red Sox reportedly offered Soto a deal of around $700 million across 15 years, according to both MassLive.com's Sean McAdam and the Boston Globe's Alex Speier.

Source: Red Sox last/best on Soto was around $700 million for 15 years," McAdam said.

"According to multiple major league sources, the team?s bidding surpassed $600 million last week and in recent days passed the $700 million threshold ? more than the $660 million the team?s owners paid when buying the Sox and 80 percent of NESN in 2001," Speier said.

$51 million per season for 15 years is a lot of scratch.


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Re: 2024 MLB Offseason
« Reply #7 on: December 09, 2024, 08:59:51 AM »

Offline Vermont Green

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Juan Soto to the Mets. 15 years, 765M.

WOW
Geez! 15 years also, no way I would done that to no player

He is 26 now, will be 41 at the end of this.  I am not upset that the Red Sox didn't "win" this.  Hopefully for the money they didn't spend on Soto, they can sign a couple of good starting pitchers and a good bat.

What?s wild is that he has an Opt out after 5 years, so he can hit free agency and do this again.

If he doesn?t take the opt out he gets a 4 million dollar a year kicker for the remaining 10 years.  He could shred his knees and be cooked by year 3, and end up getting a 4 mil a year raise for a decade

Good point on the opt out.  The $4M bump for  the final 10 years is reported to be an override option for the Mets.  It allows the Mets to override Soto's opt out by increasing the value of the final 10 years.  But they don't have to.  If Soto shreds his knees and decides to opt out, the Mets could just let him walk.  But if Soto is still playing well in 5 years, he can opt out and the Mets can override it with the raise.  It is a pretty fair structure actually.

Re: 2024 MLB Offseason
« Reply #8 on: December 09, 2024, 09:06:43 AM »

Offline greg683x

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Juan Soto to the Mets. 15 years, 765M.

WOW
Geez! 15 years also, no way I would done that to no player

He is 26 now, will be 41 at the end of this.  I am not upset that the Red Sox didn't "win" this.  Hopefully for the money they didn't spend on Soto, they can sign a couple of good starting pitchers and a good bat.

What?s wild is that he has an Opt out after 5 years, so he can hit free agency and do this again.

If he doesn?t take the opt out he gets a 4 million dollar a year kicker for the remaining 10 years.  He could shred his knees and be cooked by year 3, and end up getting a 4 mil a year raise for a decade

Good point on the opt out.  The $4M bump for  the final 10 years is reported to be an override option for the Mets.  It allows the Mets to override Soto's opt out by increasing the value of the final 10 years.  But they don't have to.  If Soto shreds his knees and decides to opt out, the Mets could just let him walk.  But if Soto is still playing well in 5 years, he can opt out and the Mets can override it with the raise.  It is a pretty fair structure actually.

Thanks for the explanation, those details were omitted in the report I listened to.  Everyone thought he was crazy for turning down the nationals 400 million offer a few years ago and he ends up getting paid double lol
Greg

Re: Red Sox miss out on Juan Soto
« Reply #9 on: December 09, 2024, 09:19:25 AM »

Online Silas

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Quote
The Juan Soto sweepstakes officially is over and unfortunately the Boston Red Sox didn't come out on top.

The New York Mets swooped in and got a mega deal done with him worth a reported $765 million over 15 years with escalators to increase the value to roughly $800 million when it is all said and done.

Boston didn't pull off the franchise-altering move, but it did certainly try. The Red Sox reportedly offered Soto a deal of around $700 million across 15 years, according to both MassLive.com's Sean McAdam and the Boston Globe's Alex Speier.

Source: Red Sox last/best on Soto was around $700 million for 15 years," McAdam said.

"According to multiple major league sources, the team?s bidding surpassed $600 million last week and in recent days passed the $700 million threshold ? more than the $660 million the team?s owners paid when buying the Sox and 80 percent of NESN in 2001," Speier said.

$51 million per season for 15 years is a lot of scratch.

JB's contract pays him $60 million for 5 years....interesting comparison. For 15 years it would be $900 million.
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Re: Red Sox miss out on Juan Soto
« Reply #10 on: December 09, 2024, 09:46:35 AM »

Offline Roy H.

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The Juan Soto sweepstakes officially is over and unfortunately the Boston Red Sox didn't come out on top.

The New York Mets swooped in and got a mega deal done with him worth a reported $765 million over 15 years with escalators to increase the value to roughly $800 million when it is all said and done.

Boston didn't pull off the franchise-altering move, but it did certainly try. The Red Sox reportedly offered Soto a deal of around $700 million across 15 years, according to both MassLive.com's Sean McAdam and the Boston Globe's Alex Speier.

Source: Red Sox last/best on Soto was around $700 million for 15 years," McAdam said.

"According to multiple major league sources, the team?s bidding surpassed $600 million last week and in recent days passed the $700 million threshold ? more than the $660 million the team?s owners paid when buying the Sox and 80 percent of NESN in 2001," Speier said.

$51 million per season for 15 years is a lot of scratch.

JB's contract pays him $60 million for 5 years....interesting comparison. For 15 years it would be $900 million.

I think it's easier to justify giant contracts in the NBA more so than any other sport, with the exception of QB in the NFL (but only for truly elite QBs).

Soto is a top-5 position player, but he's only one of 9 in a lineup and only positively affects one side of the ball.  So, his impact is just going to be less than a two-way top-15 player in basketball.

That said, I don't think the $51 million AAV of Soto's contract is that shocking.  It's the 15 years.  $51 million for a 40 year old might be a tough pill to swallow.

The concept of a 15 year contract in sports is wild to me.  As I understand it, it's fully guaranteed, so if Soto suffers a career ending injury there's no escape hatch. 

I just look at a guy like Mike Trout, who is one of the most talented players I can remember seeing.  Through his age 24 season, he looked like he had a chance at being the GOAT.  Since then, he's averaged 88 games per season.



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Re: 2024 MLB Offseason
« Reply #11 on: December 09, 2024, 01:24:09 PM »

Offline rocknrollforyoursoul

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I'd love to have Soto's bat (who wouldn?t?), but not for that price, especially when he's not also a great fielder. Plus, I'd rather have the Sox spend Soto-level money across 2-3 top-shelf starting pitchers.
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Re: Red Sox miss out on Juan Soto
« Reply #12 on: December 09, 2024, 01:28:03 PM »

Offline rocknrollforyoursoul

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The Juan Soto sweepstakes officially is over and unfortunately the Boston Red Sox didn't come out on top.

The New York Mets swooped in and got a mega deal done with him worth a reported $765 million over 15 years with escalators to increase the value to roughly $800 million when it is all said and done.

Boston didn't pull off the franchise-altering move, but it did certainly try. The Red Sox reportedly offered Soto a deal of around $700 million across 15 years, according to both MassLive.com's Sean McAdam and the Boston Globe's Alex Speier.

Source: Red Sox last/best on Soto was around $700 million for 15 years," McAdam said.

"According to multiple major league sources, the team?s bidding surpassed $600 million last week and in recent days passed the $700 million threshold ? more than the $660 million the team?s owners paid when buying the Sox and 80 percent of NESN in 2001," Speier said.

$51 million per season for 15 years is a lot of scratch.

JB's contract pays him $60 million for 5 years....interesting comparison. For 15 years it would be $900 million.

I think it's easier to justify giant contracts in the NBA more so than any other sport, with the exception of QB in the NFL (but only for truly elite QBs).

Soto is a top-5 position player, but he's only one of 9 in a lineup and only positively affects one side of the ball.  So, his impact is just going to be less than a two-way top-15 player in basketball.

That said, I don't think the $51 million AAV of Soto's contract is that shocking.  It's the 15 years.  $51 million for a 40 year old might be a tough pill to swallow.

The concept of a 15 year contract in sports is wild to me.  As I understand it, it's fully guaranteed, so if Soto suffers a career ending injury there's no escape hatch. 

I just look at a guy like Mike Trout, who is one of the most talented players I can remember seeing.  Through his age 24 season, he looked like he had a chance at being the GOAT.  Since then, he's averaged 88 games per season.

Most players don't even last 15 years in the majors, and to be great (or at least really good) for 15 years basically makes you a Hall of Famer. Soto certainly appears to be on a HOF track, but your point about Trout is a good one?injuries can derail a career.
There are two kinds of people: those who say to God, 'Thy will be done,' and those to whom God says, 'All right, then, have it your way.'

You don't have a soul. You are a Soul. You have a body.

C.S. Lewis

Re: 2024 MLB Offseason
« Reply #13 on: December 09, 2024, 07:49:11 PM »

Offline greg683x

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I'd love to have Soto's bat (who wouldn?t?), but not for that price, especially when he's not also a great fielder. Plus, I'd rather have the Sox spend Soto-level money across 2-3 top-shelf starting pitchers.

Yeah.  I?d rather see my team hand out 4 $200million contracts instead of dumping all 800 on one player. 

At least there was no deferred money, I?m tired of the deferred money.  I wish they?d ban it
Greg

Re: 2024 MLB Offseason
« Reply #14 on: December 11, 2024, 01:59:58 PM »

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