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Friday, November 13, 2026Nov 13

Analysis: After Juan Soto’s megadeal, could MLB see a $1 billion contract? Probably not soon

FILE - New York Yankees' Juan Soto talks with agent Scott Boras before Game 1 of the baseball World Series against the Los Angeles Dodgers, Friday, Oct. 25, 2024, in Los Angeles. (AP Photo/Julio Cortez, File)
FILE - New York Yankees' Juan Soto talks with agent Scott Boras before Game 1 of the baseball World Series against the Los Angeles Dodgers, Friday, Oct. 25, 2024, in Los Angeles. (AP Photo/Julio Cortez, File)

For the second straight Major League Baseball offseason, a norm-shattering contract has been the talk of the winter, with Juan Soto agreeing with the New York Mets on a $765 million, 15-year deal that’s the richest in baseball history.

It comes almost exactly one year after the Los Angeles Dodgers forked out a princely sum of $700 million on a 10-year, heavily deferred deal for two-way Japanese superstar Shohei Ohtani. They are believed to be the two richest contracts in pro sports history.

The way it’s going, a contract approaching $1 billion doesn’t seem out of the question.

But several factors are working against it — at least in the near future.

There’s reason to believe the megadeals for Ohtani and Soto are unicorns in the baseball world. Both players are uniquely talented, surely, but both also had unusual circumstances propelling their value into the stratosphere.