The New York Yankees’ focus has shifted to retaining their superstar outfielder, Juan Soto, now that the World Series is over. However, re-signing Soto comes with a hefty price tag, as the 26-year-old is seeking a historic contract worth $700 million or more.
According to MLB insider Jon Heyman of The New York Post, Soto is looking for a “solid $700 million” deal, surpassing the record-setting contract Shohei Ohtani received from the Los Angeles Dodgers. Ohtani’s deal has $680 million in deferred money over the next decade.
Heyman also reported that approximately 11 rival teams have expressed interest in Soto, with some teams checking in as early as Thursday morning, just hours after the Yankees were eliminated from the World Series.
Soto’s age, talent, and market demand make him a highly sought-after player. As a generational talent who just celebrated his 26th birthday on October 25, Soto is poised to become one of the highest-paid players in baseball history.
If the Yankees retain Soto, he would become the highest-paid Yankee of all time, surpassing team captain Aaron Judge’s $360 million deal and ace Gerrit Cole’s $324 million contract. The question on everyone’s mind is: will the Yankees be willing to break the bank to keep their superstar outfielder?
As the free agency period begins, the Yankees and Soto’s camp will engage in negotiations. With multiple teams vying for Soto’s services, the Yankees will need to make a compelling offer to retain their prized outfielder. The baseball world waits with bated breath as the drama unfolds. Will the Yankees retain Juan Soto, or will he don a new uniform in 2025? Only time will tell.
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