BREAKING NEWS: New York Mets owner Steve Cohen has spent nearly $1 billion this offseason — more than total GDP of several countries

New York Mets owner Steve Cohen has spent nearly $1 billion this offseason — more than total GDP of several countries
Credit: Brad Penner-Imagn Images

New York Mets owner Steve Cohen has been backing up the Brinks truck this offseason.

Cohen has spent nearly $1 billion, with his biggest acquisition coming in the form of generational superstar Juan Soto, whose $765 million contract set the record for largest professional sports contract of all time.

The deal easily surpassed the $700 million contract Shohei Ohtani signed with the Los Angeles Dodgers in 2023. Unlike Ohtani’s contract, which is 97% deferred, Soto’s includes no deferrals.

The Mets also agreed to bring left-handed starter Sean Manaea on a three-year, $75 million contract.

The total amount the Mets have spent this offseason stands at $918.25 million and could increase to $956.25 million if the Mets void Soto’s fifth-year opt-out clause, according to the New York Post.

What countries has New York Mets owner Steve Cohen outspent this offseason?

New York Mets owner Steve Cohen has spent nearly $1 billion this offseason — more than total GDP of several countries
Credit: Brad Penner-Imagn Images

Despite the substantial pre-holiday spending, the Mets aren’t finished. They have been linked to bringing back homegrown talent Pete Alonso and pursuing two-time All-Star third baseman Alex Bregman.

With Cohen’s spending approaching $1 billion this offseason, he has already surpassed the total GDP of seven countries, according to data from Worldometer:

  • Samoa: $832 million
  • Dominica: $612 million
  • Sao Tome and Principe: $547 million
  • Micronesia: $427 million
  • Marshall Islands: $280 million
  • Kiribati: $223 million
  • Tuvalu: $60 million

If Cohen’s spending exceeds $1 billion, the number of countries would rise to 10.

After the Mets’ surprise run to the NLCS in 2024, Cohen is hoping his offseason spending will bring home a World Series trophy in 2025.

Related Posts

Today in White Sox History: December 6

A future Hall-of-Famer heads to Chicago for one final, sorry season

Can Amos Willingham Offer Astros Extra Help in Bullpen Next Season?

The offseason is the time of year to take chances on pitchers that could offer high reward at low risk.

Old Photo Of Bo Bichette Emerges Amid Red Sox’s Reported Free Agency Pursuit

An old photo of Bo Bichette wearing a Red Sox shirt has resurfaced on social media as the team continues to pursue him in free agency.

Yankees trade idea swaps 2 prospects for $116M All-Star slugger

The New York Yankees could be looking for offensive upgrades this winter and could look on the trade block.

Bob Nightengale updates premature report that Cubs were signing Zac Gallen

It’s not really the Major League Baseball free agency period until Bob Nightengale jumps the gun of a potential signing.

DODGERS REWIND RUMBLING: Momentum is building in L.A. as word breaks that the Dodgers and Enrique Hernández are open to a reunion, reviving a storyline fans thought was long buried. The possibility alone sparks a surge of nostalgia mixed with strategic intrigue, hinting that both sides see unfinished business. Now the baseball world watches to see if this quiet interest becomes the comeback plot twist nobody saw coming..ll

Los Angeles is considering bringing back utilityman Kike Hernandez. Read more at MLB Trade Rumors.