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Mets' Steve Cohen Was Not Convinced He Did Enough in Pursuit of Juan Soto

Reported by Si
Dec 13, 2024· 3 min read
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Key Takeaways
  • • Record Contract Secured: Juan Soto signed a 15-year, $675 million contract with the New York Mets, becoming the largest sports contract ever, after spending one season with the Yankees who offered a 16-year, $760 million deal.
  • • Unexpected Outcome: Mets owner Steve Cohen admitted he was not confident in landing Soto during dinner on Sunday night in Fort Lauderdale, stating "I totally missed" the signals and initially had "no expectations it was going to happen."
  • • Decisive Agent Call: Scott Boras's phone call during Cohen's dinner fundamentally shifted the negotiation trajectory, prompting Cohen's immediate recognition that "This could happen," leading to rapid agreement on the historic deal.
  • • High-Impact Free Agent Move: The 26-year-old Soto had a career year with the Yankees, posting a .288/.419/.569 slash line with 41 home runs and 109 RBIs in 157 regular season games before electing to join the Mets.
  • • Strategic Franchise Bet: Cohen's successful pursuit represents a significant competitive investment designed to position the Mets for championship contention following a competitive free agency process that surprised both Cohen and the baseball industry.
Summary
On December 13, 2024, Mets owner Steve Cohen secured Juan Soto through a record-breaking 15-year, $675 million contract—the largest in professional sports history. The signing marked a dramatic reversal from Cohen's own expectations just hours before the agreement was finalized.

According to ESPN's reporting, Cohen expressed genuine skepticism about his prospects of landing the generational outfielder. While dining at Vitolo restaurant in Fort Lauderdale, Florida on Sunday night, Cohen conveyed to colleagues that despite efforts to highlight the Mets' franchise culture and family atmosphere—qualities that had previously attracted free agents—he remained unconvinced these selling points were sufficient to compete for Soto's services. This uncertainty persisted despite months of courtship from the Mets organization.

The momentum shifted dramatically when Scott Boras, Soto's agent, called Cohen during dinner. Cohen recalled the conversation with candor: "Usually I'm pretty good at reading the signals. This one I totally missed. Scott called me, and I realized, 'Holy s---. This could happen' I didn't expect it. I had no expectations it was going to happen. I was blown away." The tone and substance of Boras's call evidently signaled genuine openness from the Soto camp, prompting rapid movement toward a deal.

Soto's decision to join the Mets surprised the broader baseball industry. The 26-year-old had completed a career-defining season with the Yankees, posting a .288/.419/.569 slash line with 41 home runs and 109 RBIs across 157 regular season games after being traded from the San Diego Padres in December 2023. The Yankees had countered with a 16-year, $760 million offer, yet Soto ultimately selected the Mets deal—a strategic choice reflecting either Soto's long-term preference for the organization or Cohen's assertive negotiating position.

Cohen and the Mets organization now focus on leveraging Soto's addition as a cornerstone piece for championship contention. Soto's introductory press conference occurred Thursday at Citi Field, formally inaugurating his tenure with the franchise as it pursues sustained competitive success.

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Sources

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AlphaMaven summarised this story from the reporting below. Each link opens the original article.

Si Mets' Steve Cohen Was Not Convinced He Did Enough in Pursuit of Juan Soto