{"id":20810,"date":"2024-12-25T01:37:19","date_gmt":"2024-12-25T01:37:19","guid":{"rendered":"https:\/\/sportnews.azontree.com\/?p=20810"},"modified":"2024-12-25T01:37:19","modified_gmt":"2024-12-25T01:37:19","slug":"breaking-news-new-york-mets-owner-steve-cohen-has-spent-nearly-1-billion-this-offseason-more-than-total-gdp-of-several-countries","status":"publish","type":"post","link":"https:\/\/sportnews.azontree.com\/?p=20810","title":{"rendered":"BREAKING NEWS: New York Mets owner Steve Cohen has spent nearly $1 billion this offseason \u2014 more than total GDP of several countries"},"content":{"rendered":"
\"New
Credit: Brad Penner-Imagn Images<\/figcaption><\/figure>\n

New York Mets owner Steve Cohen has been backing up the Brinks truck this offseason.<\/p>\n

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.<\/p>\n

The deal easily surpassed the $700 million contract Shohei Ohtani signed with the Los Angeles Dodgers in 2023. Unlike Ohtani\u2019s contract, which is 97% deferred, Soto\u2019s includes no deferrals.<\/p>\n

The Mets also agreed to bring left-handed starter Sean Manaea on a three-year, $75 million contract.<\/p>\n

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\u2019s fifth-year opt-out clause, according to the New York Post.<\/p>\n

What countries has New York Mets owner Steve Cohen outspent this offseason?<\/h2>\n
\n
\"New
Credit: Brad Penner-Imagn Images<\/figcaption><\/figure>\n<\/div>\n

Despite the substantial pre-holiday spending, the Mets aren\u2019t finished. They have been linked to bringing back homegrown talent Pete Alonso and pursuing two-time All-Star third baseman Alex Bregman.<\/p>\n

With Cohen\u2019s spending approaching $1 billion this offseason, he has already surpassed the total GDP of seven countries, according to data from Worldometer:<\/p>\n

    \n
  • Samoa: $832 million<\/li>\n
  • Dominica: $612 million<\/li>\n
  • Sao Tome and Principe: $547 million<\/li>\n
  • Micronesia: $427 million<\/li>\n
  • Marshall Islands: $280 million<\/li>\n
  • Kiribati: $223 million<\/li>\n
  • Tuvalu: $60 million<\/li>\n<\/ul>\n

    If Cohen\u2019s spending exceeds $1 billion, the number of countries would rise to 10.<\/p>\n

    After the Mets\u2019 surprise run to the NLCS in 2024, Cohen is hoping his offseason spending will bring home a World Series trophy in 2025.<\/p>\n","protected":false},"excerpt":{"rendered":"

    New York Mets owner Steve Cohen has been backing up the Brink’s truck this offseason as he has spent nearly $1 billion.<\/p>\n","protected":false},"author":5,"featured_media":20811,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-20810","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-mlb"],"yoast_head":"\nBREAKING NEWS: New York Mets owner Steve Cohen has spent nearly $1 billion this offseason \u2014 more than total GDP of several countries - NEWS USA<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/sportnews.azontree.com\/?p=20810\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"BREAKING NEWS: New York Mets owner Steve Cohen has spent nearly $1 billion this offseason \u2014 more than total GDP of several countries - 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