Silver Bulletin • 486 implied HN points • 14 Dec 24
- The New York sports market is very big, and winning teams bring in a lot of money from fans. People in New York are willing to pay for tickets to see successful teams.
- Juan Soto's huge contract of $765 million has raised eyebrows, but it's not just about the money—it's also about attracting fans and maintaining a competitive edge.
- The Mets needed a star player to improve their popularity and attendance, especially when compared to the more successful Yankees. This contract might be a gamble, but it could pay off in the long run.