In the latest Sporticast episode, hosts dive into Juan Soto’s record-breaking $765 million contract with the Mets and its implications for MLB.
New York: So, on the latest episode of Sporticast, Scott and Eben are buzzing about Juan Soto’s jaw-dropping 15-year, $765 million contract with the Mets. Can you believe it? That’s the biggest deal ever in U.S. sports history!
They chat about Steve Cohen, the billionaire owner of the Mets. He’s been a die-hard fan for ages and isn’t shy about spending big to create a winning team. This contract is wild—it’s actually more than what 22 current MLB owners paid for their entire teams!
And get this, the total could even hit $805 million if the Mets play their cards right with Soto’s opt-out clause. The guys also discuss how teams like the Mets and Dodgers are stacking talent, which could make the league even more competitive.
Since MLB doesn’t have a salary cap, teams can spend as much as they want. They wonder if a salary cap could ever happen, which would definitely shake things up. But it would take a lot of agreement from owners and some tough talks with players.
Switching gears, they also touch on the College Football Playoff. The first 12-team bracket just dropped, and it’s already causing a stir. Alabama fans are fuming because their team didn’t make the cut, while SMU snagged a spot instead. Big names like Notre Dame and Ohio State are in, though, so it’s still a star-studded lineup!
They wrap up by mentioning Levy, a major player in U.S. sports concessions, joining the Elevate cap table. This comes as Oak View Group and Live Nation step back from ownership. Lots of changes happening!