Juan Soto, former outfielder for the Washington Nationals who is now a pending free agent, has been a vital player in the New York Yankees’ journey to the World Series. Despite his strong ties to the Nationals, Soto’s focus primarily lies in the team’s potential for winning consistently. His worth was demonstrated when he hit the decisive home run against the Cleveland Guardians which booked the Yankees their first World Series ticket since 2009.
Soto’s commitment to winning exceeds his individual performance metrics. Additionally, the 25-year-old star is not simply drawn to the spotlight; he thrives in it, as evidenced by his clutch performances during critical games. As he is due for a mega-contract this winter, it is crucial to note that records matter to Soto. There is a belief that he is looking to surpass Shohei Ohtanis’ record deal.
Currently earning $31 million in his final arbitration year, the Dominican Republic native could surpass Ohtani’s precedent; however, matching the overall $700 million might only be possible if he accepts heavy deferrals, a move that isn’t unheard of in players represented by Scott Boras, Soto’s agent. Earlier speculation suggested Soto could be starting discussions at around $500 million, but his excellent season and youthful vigor could raise that expectation to $600 million.
While the Yankees success could play a part in Soto’s decision, it may not be the deciding factor. Soto, having declined a $440 million deal from the Nationals before his 2022 trade, has expressed his desire to meet market expectations and influence the landscape for succeeding players. That ambition may preclude his willingness to accept lower offers.
Steve Cohen-owned New York Mets are expected to challenge the Yankees for Soto. The Mets have been on an impressive run, as a wildcard entrant finishing within proximity of the World Series. Soto’s family links to New York and the Mets’ potential for a rebuild under president David Stearns could see them become a serious contender for Soto’s signature.
To keep Soto in their roster beyond 2024, the Yankees will likely need to offer him record money. Despite a successful trade for Soto which has brought them to the verge of a potential World Series win, their ability to keep him in their ranks will hinge largely on their financial commitment.
