Juan Soto's Contract Details, Bonuses Revealed for MLB-Record $765M Mets Deal

On the day his historic 15-year, $765 million contract became official, additional details of Juan Soto's deal with the New York Mets have been made available.

Per Jon Heyman of the New York Post, Soto can earn up to an extra $1 million in a season if he wins multiple MVP awards; he will get access to a luxury suite and four premium seats at Mets home games; and he will get to keep the No. 22 that he has worn throughout his MLB career.

Mets owner Steve Cohen giving Soto access to a suite at Citi Field had been known, as it was touted as a difference from the offer he received from the New York Yankees.

Heyman reported on Monday the Yankees, whose last offer to Soto was $760 million over 16 years, "wouldn't budge" on giving Soto a suite because it would set a historical precedent since Aaron Judge and Derek Jeter had to pay for one at Yankee Stadium.

There's no indication that the suite is the reason Soto picked the Mets offer, but when the deals he was contemplating were that close, the smallest detail in the contract could make the difference.

The Mets did frontload Soto's deal to pay him nearly $122 million in 2025 between his base salary and signing bonus.

In keeping the No. 22, Soto apparently got a deal done with Mets third baseman Brett Baty to use the number. He also had to buy out the remaining allotment of Baty No. 22 merchandise, per a rule in the MLB collective bargaining agreement.

The deal includes a unique opt-out in which Soto could become a free agent after the 2029 season, but the Mets can negate the opt-out by increasing his annual salary by $4 million to bring the total value of the deal to $805 million.

It's a similar clause that Gerrit Cole had in his contract with the Yankees. He had the ability to opt out after the 2024 season, but the Yankees could negate it by agreeing to add one year and $36 million to his deal.

Cole initially used his opt out before changing his mind to remain under contract through 2028.

It would seem unlikely that Soto is going to opt out because he would be leaving 10 years and up to $500 million on the table, but he will only be 31 at the time he has to decide. Depending on where he's at in his career and where the market for top-tier hitters is at by that point, it might be in his best financial interest to test free agency again.

But that's all to be determined in the future. Mets fans can merely sit back and relax knowing they have arguably the best hitter in MLB on their roster for at least the next five seasons.