Juan Soto Signs Record $765 Million Deal

Juan Soto has signed a record-breaking 15-year contract worth $765 million with the New York Mets, surpassing Shohei Ohtani's previous record by over $300 million. Soto's deal boasts an average annual value of $51 million with no deferred payments, making him the highest-paid athlete in history upon completion. His unique position as a 26-year-old free agent contributed to the bidding surge, as such players rarely hit the market at this age. The deal echoes the financial fallout seen after Alex Rodriguez's historic contract in 2000, raising concerns about economic disparities in MLB. Soto's signing is poised to reshape the competitive landscape of baseball, as teams adjust to this new financial reality. Other sports news includes Joel Embiid's return to the 76ers and various player movements in the NFL and NHL.