Juan Soto signs record deal to move from the New York Yankees to the New York Mets

Juan Soto has completed his record-breaking $765m move to the New York Mets.

The Mets confirmed the 15-year-deal with a post on X which simply read: "Juan Soto is a Met."

The 26-year-old outfielder from the Dominican Republic, who joins as a free agent from the New York Yankees, will be unveiled in a press conference at Citi Field on Thursday.

Mets owners Steve and Alex Cohen said: "This is a seminal moment in franchise history.

"Juan Soto is a generational talent. He is not only bringing staggering historical statistics with him but also a championship pedigree."

Soto's contract is the biggest in sporting history, exceeding the decade-long terms signed by Shohei Ohtani with Los Angeles Dodgers last December, which was said to be worth $700m.

Ohtani’s first season with the Dodgers saw him named the National League MVP and win the World Series, beating the Yankees and Soto.

Soto moves across New York having turned down a new deal with the Yankees after hitting a career-high 41 home runs during his only season with the club.

The four-time All Star made his major league debut as a 19-year-old with the Washington Nationals in 2018 and won the National League battling crown in 2020, spending a year with the San Diego Padres before joining the Yankees.

He is set to receive a $75m signing-on fee and the right to opt out of the contract after the 2029 season.

The Mets will have the option to void the opt-out clause if they boost the average annual value of the final 10 years of this contract from $51m to $55m, which would make it an $805m package overall.

The deal is reported to include other performance-related bonuses, plus the use of a luxury suite for Mets home games and security for Soto and his family at matches.

Before Ohtani’s trade