Juan Soto's new contract with the New York Mets, valued at $765 million over 15 years, sets a record for total value in MLB history, surpassing Shohei Ohtani's $700 million deal with the Los Angeles Dodgers.

Soto's annual average salary of $51 million also breaks records, with projections indicating he could maintain high performance for several years. However, concerns linger about the later years of the deal and potential declines in performance.