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Juan Soto Rumors: Yankees Didn't Counter Mets' $765M Contract; Offered $60M Bonus

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The New York Yankees declined to counter what proved to be the winning bid in the Juan Soto sweepstakes, according to the New York Post's Joel Sherman.

Soto and the Mets agreed to a 15-year, $765 million contract, per ESPN's Jeff Passan, which is a record-setting sum in major sports.

Sherman reported the Yankees raised their offer to $760 million over 16 years after having previously put a 15-year, $712 million deal on the table Saturday. Their last offer included a $60 million signing bonus.