Yankees Lose Juan Soto to Mets on Historic Contract

He followed up in a subsequent post that this deal is the largest contract in sports history.

The two New York teams always appeared to be the two favorites to sign Soto, and that remained the case all the way up until Soto's final decision.

While there were rumors about how much the Yankees were willing to offer, Heyman has also disclosed that their final offer was $760 million for 16 years.

Alas, Soto decided that he wanted to head to Queens instead, making $51 million per year instead of the $47.5 million per year the Yankees offered him.

While this is obviously devastating news for the Yankees fans, there is something of a silver lining. All the money that the Yankees had allocated toward Soto can now be doled out to multiple superstar free agents this offseason, which will allow the Yankees to address multiple holes on their team and perhaps even produce a more well-rounded Opening Day roster than they had one season prior.

Of course, there's no replacement for a player such as Soto — especially given that he would have been a Yankee for 16 more years if he elected to remain in the Bronx.

It will be fascinating to see where the Yankees go from here. But fans can expect them to be aggressive in the coming days.