Juan Soto, the Mets, Dodgers, and spending

Even if only the Mets could get Juan Soto because Steve Cohen would do anything to get him, there’s plenty to learn from the signing on what this says about the rest of the league and their spending habits.

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Earlier in the offseason, there was an entire cycle of outrage at the Dodgers, for their decision to keep adding good baseball players who cost money to their team, that won a championship in 2024. The deferrals were a particular sticking point, but also just the idea that a team had resources and was using them was another. Let’s prepare ourselves for the same thing happening now, with the Mets, as they signed Juan Soto to a 15-year, $765 million contract — and one without deferrals, too, to really show off how much owner Steve Cohen has more money than anyone else in the league.

You’re going to hear people complain about a salary cap, or the fact that the Mets spending like this isn’t fair because not every team has this kind of money. Conveniently enough, I already covered the aforementioned outrage cycle for the Dodgers over at Baseball Prospectus, and quite a bit of it overlaps here with the Mets — to the degree that I already used Juan Soto as an example for points I was making within. So, I’ll just share some of that now:

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The Juan Soto sweepstakes begins

And there is no basically no excuse for the Yankees to not come out on top.

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Juan Soto is going to get paid. That much is known. Which team will be paying him is a bit more up in the air, as Jon Heyman reminded everyone before the weekend with a report that 11 teams had already checked in on him the second they could post-World Series.

Heyman mentions that Soto is looking for $700 million, and not deferred like with Shohei Ohtani’s major deal. The chances of Soto actually getting $700 million are basically nil, sure, but you ask for $700 million and negotiate down to what a team will give you. If you start with what a team will give you, you’re still going to end up negotiating down. That’s just how these things work, which is a lesson a lot of folks seem to need to relearn every November.

Continue reading “The Juan Soto sweepstakes begins”