Morning Brew Daily
TikTok Ban One Step Closer to Happening & Taylor Swift's End of An Era
09 Dec 2024
What should we expect from the upcoming College Football Playoffs?
Good morning, Brew Daily Show. I'm Neil Freiman. And I'm Toby Howell. Today, President-elect Trump said he can't guarantee that tariffs won't lead to inflation.
Then it's the end of an era, literally, as Taylor Swift wrapped up her two-year mega tour. It's Monday, December 9th. Let's ride.
Oh, my God. Can you believe what happened in baseball last night? Superstar Juan Soto has reportedly signed a 15-year, $765 million deal with the New York Mets, the richest contract in professional sports history. It surpasses the 10-year, $700 million contract Shohei Otani received from the Los Angeles Dodgers last year. And unlike Otani, who deferred 97% of that money for a decade last year,
Soto is deferring none of it. Toby, the best part about this for Soto is he won't have to spend any of this money on movers. He's coming to the Mets from the Crosstown Yankees.
I mean, the Mets top the Yankees. This really does not happen if you look at the general power dynamics between the two teams in New York. But Steve Cohen, the hedge fund billionaire, ever since he took control of the franchise in 2020, has just operated at a different level. He wasn't going to let money be the thing that made him miss out on this generational star.
When Steve Cohen took control of the Mets in 2020, he said he'd be surprised and disappointed if they didn't win a World Series within three to five years. This is year number five, so he's clearly going all in. The clock is ticking, Mr. Cohen. You can't beat the Phillies. Can't beat the Phillies. Now a word from our sponsor, Sage. Sage is back.
So this one goes out to all the finance pros that listen to Morning Brew Daily.
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