Wednesday, December 11, 2024

On average, Juan Soto will be paid $143,379 per day for the next 15 years

 
Or $5,974.12 per hour, asleep or awake.

Photo creditWikipedia
HeadlineAssociated Press, 12/9/2024

This is just...


From the AP article:
Soto’s deal, the largest and longest in baseball history, was pending a physical. The agreement reverberated across the winter meetings and stung the Yankees, who on Sunday morning had raised their offer to $760 million over 16 years from $712.5 million for 15 years. 
“My first thought is that my oldest kid is going to be 28 when he’s done playing. That really puts it in perspective for me,” San Francisco president of baseball operations Buster Posey said.

Related reading:
 
The Athletic, 12/2/2024
Such reasoning can amount to an excuse, of course. But there’s no denying free agency can be a gamble. Even lesser deals without massive publicity don’t work out. Think Jeimer Candelario in Cincinnati or Mitch Haniger in San Francisco and now Seattle. In the case of Pittsburgh’s Ke’Bryan Hayes, even the en vogue pre-arbitration extension isn’t looking like a wise investment for a notoriously penny-pinching ownership.

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