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Mets Land Juan Soto: Exciting Family Perks Included

Stephen S. by Stephen S.
02.01.2025
in Business, Insights, News
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The New York Mets have made a major decision in signing superstar Juan Soto by adopting a family-oriented strategy. This approach seems to have been crucial in sealing Soto’s agreement. Besides the remarkable 15-year, $765 million contract, the Mets have provided exclusive family benefits that are receiving widespread acclaim.

As per the contract details that were accessed, Soto is set to enjoy a luxury suite for every home game, four premium seats at all home games, protection for both him and his family during travels, and various family-oriented services. While the exact nature of the “family services” remains undefined, it is clear that Soto and his family will not receive additional perks such as airfare or clothing, contrary to some speculations. Mets owner Steve Cohen and his spouse Alex have highlighted the significance of family since they took over the team.

Alex, who co-owns the team, has been an advocate for fostering a family-friendly atmosphere. She and her father, Ralph Avila, were both present during the first meeting with Soto at the Cohens’ residence in Beverly Hills last November.

Family benefits clinch Soto contract

The Mets’ proposal narrowly surpassed a competing offer from the New York Yankees by $5 million. The Yankees opted not to include a suite at Yankee Stadium in their proposal, which has been a long-standing policy for their leading stars, including Aaron Judge and former player Derek Jeter, who had to fund their own suites. The choice to extend generous family benefits likely influenced Soto’s final decision.

The cost of suites at Citi Field ranges from $3,250 to $13,000 per game, varying based on the date and opponent, making this a noteworthy advantage. The commitment to a family-centered culture under Cohen’s ownership seems to have enhanced the Mets’ attractiveness to Soto, emphasizing that factors beyond merely financial considerations played a role. Although the Yankees attempted to present a compelling financial offer, they fell short by lacking valuable non-monetary incentives, such as a suite.

Interestingly, the Yankees were willing to reduce the suite’s price, which could be worth up to $1 million each year, but ultimately decided against including it in their offer. The agreement with Soto underscores the Mets’ dedication not only to building a formidable team but also to fostering an environment that appreciates and supports the families of its athletes.

Tags: BusinessJuan SotoNew York Mets
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