O/T - Juan Soto - 15 years/$765M with the Mets

[jingram058]

Originally Posted by doug.goodman

So your pitch to Soto would have been "sign with us because before you were born we won 24 championships"?

Or, if the press reports are correct, "Don't sign with the Mets for 15 years, sign with us for 16, because 16 years ago we won a title."

My pitch would be/is nobody anywhere is worth that ridiculous amount of money. So if you sign with the Mets, who have been desperately trying to equal the Yankees in New York throughout their entire existence, great. They won't be able to put a team around you, because sooner or later, they can't afford to. Just one indication of that is corporate sponsorship for the name of the ballpark. I don't see the Yankees perspiring over him walking. I believe the Yankees are better off without yet another albatross (Stanton's insane contract). They claim they have a backup plan. We'll see.

[jayshum]

Originally Posted by jingram058

My pitch would be/is nobody anywhere is worth that ridiculous amount of money. So if you sign with the Mets, who have been desperately trying to equal the Yankees in New York throughout their entire existence, great. They won't be able to put a team around you, because sooner or later, they can't afford to. Just one indication of that is corporate sponsorship for the name of the ballpark. I don't see the Yankees perspiring over him walking. I believe the Yankees are better off without yet another albatross (Stanton's insane contract). They claim they have a backup plan. We'll see.

I'm pretty sure the Citi Field naming rights were in place before the current ownership bought the team. Also, Steve Cohen is worth over $20 billion so I think he'll be ok even if he has to spend more to fill out the team around Soto.

[BobbyStrawberry]

Hopefully Sasaki is next. Let's Go Mets!

[nat]

Free agent contracts have nothing to do with ticket prices, unless and only to the extent that signing a free agent increases demand for tickets. Teams are already charging whatever price for tickets that they figure is going to maximize revenue. Unless people are going to be willing to pay higher prices so that they can see Soto (which they might!), the Mets aren't going to be able to raise prices. And if people are willing to pay higher prices because they're excited about their team, that's not a sign of an unhealthy sport at all. Quite the opposite.

Will Soto be "worth" this contract, is really two questions. There's an economic question about whether the increased revenue that the team gets from having him (which could come from higher ticket prices if folks are willing to pay more to see him, or from extra sponsorship deals, or from post-season appearances they wouldn't have made otherwise, or larger cable deals or whatever) will more than make up for what he's getting paid. And there's also a question particular to the guy who is going to be writing Soto's paychecks. Is Steve Cohen going to be happy about it? The former question is difficult to answer, I'm not going to even try to predict baseball finances 15 years out. As for the latter question though: Cohen has more money than God. Like, nearly an order of magnitude more than some of the other baseball owners. He's not just rich, and he's rich by the standards of guys who own sports teams. And he has apparently decided that the Mets are his new favorite toy (see, for example, the Verlander and Scherzer signings) and doesn't mind spending money on it. We buy cardboard rectangles with pictures of baseball players on them. He buys baseball players. Whether this deal will be worth it to him is more a question about how much he enjoys his hobby than it is about how much (if any) money he's going to make on this deal.

[puckpaul]

Originally Posted by jingram058

My pitch would be/is nobody anywhere is worth that ridiculous amount of money. So if you sign with the Mets, who have been desperately trying to equal the Yankees in New York throughout their entire existence, great. They won't be able to put a team around you, because sooner or later, they can't afford to. Just one indication of that is corporate sponsorship for the name of the ballpark. I don't see the Yankees perspiring over him walking. I believe the Yankees are better off without yet another albatross (Stanton's insane contract). They claim they have a backup plan. We'll see.

You obviously dont know anything about Steve Cohen.

[jingram058]

Originally Posted by puckpaul

You obviously dont know anything about Steve Cohen.

No I don't. And more importantly, I don't care. All I know for sure is I hope it blows up in his face.

[packs]

What would make the contract worth the money?

A-Rod won 3 MVPS during his initial deal, then won a World Series with the Yankees after opting out. He was not great after signing with the Yankees but I would say most teams would accept the title and everyone was happy with his 3 MVPs during the original phase.

Harper has won an MVP and taken the Phillies to the World Series since he signed his deal.

Ohtani won an MVP and the Dodgers won the World Series in the first year of his deal.

What makes a mega deal worth it?

[BioCRN]

Originally Posted by packs

What makes a mega deal worth it?

I don't think you can look at any of these mega deals as something that will have gained or evened out value.

When you're paying a premium for what's been done in the past you're generally overpaying from the outset as well as through an age that's past most every athlete's peak.

Gotta spend the money on something.

15 years from now that 51m will still be substantial, but it probably won't be mind-blowing...though it will be for someone's Soto's age.

15 years ago there were 4 guys with 20m+ contracts... Arod (33m), Manny Ramirez (23.8m), Jeter (21.6m), and Mark Teixeira (20.6m).

A few days ago M.Conforto got 17m and W.Adames got 26m average yearly contracts.

[packs]

Sure, but I'm just talking about decade long mega deals and not an expensive rental free agent.

What would have to happen for you to feel like a mega deal was worth it? If the player wins an MVP in your uniform, is that worth it? If the team wins a championship? Makes several World Series appearances but maybe doesn't win a title?

[calvindog]

Originally Posted by jingram058

No I don't. And more importantly, I don't care. All I know for sure is I hope it blows up in his face.

Why do you want it to fail? Just about every owner in baseball is a billionaire and all their teams are worth at least $2 billion probably. Many teams could afford Soto but many teams choose not to have big payrolls. If you're a fan of a team, don't you want your team's owner to spend whatever it takes to win? it's not like it's our money that's being spent. The Mets aren't my team but I applaud Cohen for acting like a fan.

[Balticfox]

Originally Posted by calvindog

Why do you want it to fail?

Originally Posted by Peter_Spaeth

Why so hostile? It's just sports.

Probably because he perceives a direct correlation between skyrocketing payrolls and skyrocketing ticket prices,

[brian1961]

Juan believed he was entitled to a free suite at Yankee Stadium, whilst Derek Jeter and Aaron Judge pay for theirs. I guess that was the final straw that Brian Cashman decided was not going to fly. In essence, with all the money you'll be making, you can afford to pay for your own suite. Well said, and well decided, Mr. Cashman. If that's the state of Juan Soto's mentality, I say to the Mets, "YOU CAN HAVE 'EM!!!!!!!"

As for Soto, from now on, to me, he'll be known as

SEMI-SUITE SOTO. -- Brian Powell

[BobbyStrawberry]

Originally Posted by Huysmans

When you're the most storied, dominant, successful, popular and valuable team in all of Major League Baseball... you have absolutely nothing to be embarrassed about lol

Originally Posted by brian1961

Juan believed he was entitled to a free suite at Yankee Stadium, whilst Derek Jeter and Aaron Judge pay for theirs. I guess that was the final straw that Brian Cashman decided was not going to fly. In essence, with all the money you'll be making, you can afford to pay for your own suite. Well said, and well decided, Mr. Cashman. If that's the state of Juan Soto's mentality, I say to the Mets, "YOU CAN HAVE 'EM!!!!!!!"

As for Soto, from now on, to me, he'll be known as

SEMI-SUITE SOTO. -- Brian Powell

Whatever you need to tell yourself to feel better, Yankee fans...

[Balticfox]

Originally Posted by brian1961

Juan believed he was entitled to a free suite at Yankee Stadium, whilst Derek Jeter and Aaron Judge pay for theirs. I guess that was the final straw that Brian Cashman decided was not going to fly. In essence, with all the money you'll be making, you can afford to pay for your own suite. Well said, and well decided, Mr. Cashman.

I agree! A pox on Juan Soto, but a pox on the Yankees as well.

Originally Posted by Balticfox

Incidentally, will the Mets still be on the hook for roughly $51 million per year if they cut Soto or send him down to the minors?

But can anyone answer my question?

[Peter_Spaeth]

Originally Posted by jingram058

No I don't. And more importantly, I don't care. All I know for sure is I hope it blows up in his face.

Why so hostile? It's just sports.

[BRoberts]

Originally Posted by jingram058

No I don't. And more importantly, I don't care. All I know for sure is I hope it blows up in his face.

Steve Cohen collects only graded cards, by the way.

[SyrNy1960]

Originally Posted by BRoberts

Steve Cohen collects only graded cards, by the way.

That's hilarious That made my day!

[Balticfox]

Originally Posted by BRoberts

Steve Cohen collects only graded cards, by the way.

Ahhhh, now I understand. He's trying to hype up the "value" of his Juan Soto rookie cards!

[Peter_Spaeth]

Originally Posted by Balticfox

Ahhhh, now I understand. He's trying to hype up the "value" of his Juan Soto rookie cards!

Kidding aside, isn't he part of Nat Turner's ownership group?

[BobbyStrawberry]

I actually LOL'd at the headline. I guess this is what passes for Yankee pride these days...

https://www.espn.com/mlb/story/_/id/...o-regret-trade

[Gary Dunaier]

Originally Posted by BRoberts

Steve Cohen collects only graded cards, by the way.

Steve Cohen owns the Mookie Ball.

[Gary Dunaier]

Obviously we don't know what kind of an effect Juan Soto will have on the Mets' performance next year. But I think it's safe to say there are going to be a number of Soto-related giveaways for fans attending games at the Citi Field stadium.

I just hope the Mets don't repeat one promotion the Yankees had back in August...

[Gorditadogg]

Originally Posted by BRoberts

Steve Cohen collects only graded cards, by the way.

LOL

Sent from my SM-S906U using Tapatalk

[puckpaul]

Originally Posted by jingram058

No I don't. And more importantly, I don't care. All I know for sure is I hope it blows up in his face.

Well, Steve isnt just about spending money, which he does when he has to. He is about building a great organization, a farm system, and building a consistent winner. Given the bidding here, if the Mets dont spend that, another team spends almost that amount and has the player, and the Mets have to beat them. So he did what he thought was best. He can afford it. If it doesn’t work out he will try something else. It wont blow up in his face, so find another crusade. Drop the anger, it’s not worth it.

[Balticfox]

Originally Posted by jingram058

No I don't. And more importantly, I don't care. All I know for sure is I hope it blows up in his face.

Hopefully you're not just saying that because you're a bitter Yankee fan. The Yankees (whom I hate incidentally) are better off without Soto and his lackadaisical play anyway.

Not that I care about how Steve Cohen wastes his money either of course.