Juan Soto Signs $765 Million Contract With The Mets
According to Jon Heyman of the New York Post, the New York Mets have signed free-agent outfielder Juan Soto to a massive 15-year contract worth $765 million. This is the largest deal in professional sports history and will likely keep Soto as a New York Met for the remainder of his professional career. Last season with the New York Yankees, Soto posted a stellar .285/.419/.569 slash line with 41 home runs. He boasted a .462 xwOBA, 19.7% barrel rate, and .646 xSLG, which were among the highest marks in the sport. Throughout his seven-year MLB career, Soto carries a .285/.421/.532 line. Given his incredible hitting skills, he should be viewed as a consensus first-round selection next season and a top pick in points leagues given his incredible eye at the plate.
Juan Soto Has Offers From Four Clubs Nearing $700 Million
According to Jon Heyman of the New York Post, the New York Yankees, New York Mets, Boston Red Sox, and Toronto Blue Jays have made an offer "in the ballpark" of $700 million and nearing 15-plus years to free-agent outfielder Juan Soto. Heyman also noted that the Los Angeles Dodgers have submitted an offer of around "$600 million." The race to sign the 26-year-old superstar continues to heat up as several owners are willing to open their pockets to put themselves as the highest bidder. Last summer in his debut campaign in the Bronx, Soto posted an excellent .288/.419/.569 slash line with 41 long balls. Under the hood, he boasted a .462 xwOBA and .316 xBA, which placed him in the top 100th percentile among qualified hitters. No matter where he calls home in 2025, Soto will be a consensus first-round selection in all fantasy formats this spring.
The bidding for free-agent superstar outfielder Juan Soto has reached $600 million, according to two people briefed on the negotiations who were not authorized to speak publicly. Soto's agent, Scott Boras, said on Tuesday that his client has also started the process of eliminating potential teams. The Mets, Yankees, Red Sox, Blue Jays and Dodgers are reportedly the most serious about Soto, and all the remaining contenders have made offers above $600 million. The MLB winter meetings begin on Sunday in Dallas, and the expectation is that Soto will make his decision by the end of the meetings. The 26-year-old generational talent is expected to sign for at least 12 years, with the present-day value of his new contract almost certainly beating the record Shohei Ohtani set last offseason with a deferred 10-year, $700 million contract. Wherever Soto is playing, he should continue to be an offensive beast.
SNY's Andy Martino writes that there is a widespread belief among bidders that the Toronto Blue Jays will come in with the highest offer to free-agent superstar outfielder Juan Soto. However, it's no secret that the New York Yankees and New York Mets are "all in" on Soto, according to a league source. There is also widespread skepticism that Soto would choose the Blue Jays, but a source says that if a team is involved in the final bidding, Soto will be willing to play there. In addition to the Blue Jays, Yankees and Mets, the Boston Red Sox have been heavily involved with the generational talent. The expectation is that Soto's market will begin to pick up now that Thanksgiving is in the rearview mirror, and the widespread belief is that he'll choose his next team before the end of the upcoming winter meetings in Texas. Wherever Soto is playing in 2025 and beyond, he'll be a high-end fantasy asset.
The New York Yankees have raised their offer to try and re-sign superstar outfielder Juan Soto in the last couple of days, according to people familiar with the situation. The news could come as a response to a report on Tuesday that said the division-rival Boston Red Sox are making an early push to try and pry Soto away from the Bronx. In addition to the Yankees and Red Sox, the Mets, Dodgers and Blue Jays are in on the Soto sweepstakes. New York has also reached out to free-agent pitchers Corbin Burnes and Max Fried, but they remain solely focused on trying to bring Soto back after he hit a career-high 41 home runs in 2024 and led the team to a World Series appearance. The 26-year-old generational talent is expected to set an MLB record for contract value, with word coming that teams are willing to go beyond $600 million to land him. Soto is believed to be interested in a 15-year deal.
According to sources, the Boston Red Sox are stepping up their efforts to land free-agent superstar outfielder Juan Soto and are trying to sell him on his fit in Beantown. Boston's best hitters in franchise history have mostly been left-handers, and Soto is coming off his best full season in his first year with the division-rival New York Yankees. However, his road OPS was 57 points higher than in the Bronx. Defensively, if Boston were to pry him away from their bitter rivals, Soto would likely shift from right field to left field at Fenway Park. The 26-year-old Dominican is expected to sign a deal worth more than 10 years and possibly more than $600 million. Spending that kind of money would be a major shift from the Red Sox's strategy in recent seasons, but perhaps they're fed up with just one playoff appearance in the last six seasons, including three last-place finishes in the AL East.
MLB executives believe that the New York Mets are the clear-cut favorites to sign free-agent outfielder Juan Soto, simply because nobody thinks anyone will outbid owner Steve Cohen, possibly before the winter meetings end in early December. The Mets, Yankees, Blue Jays and Red Sox are the only serious suitors for Soto. The Phillies haven't had a single conversation with agent Scott Boras to date. ESPN's Buster Olney reports that teams involved with Soto will start forwarding him offers this week, according to sources. The 26-year-old generational talent is expected to sign a deal for 10-plus years and potentially over $600 million after posting a career-high 41 home runs and a league-leading 128 runs scored in his first year with the Yankees in 2024 while helping them advance to the World Series. It's believed that Soto would prefer to stay on the East coast as well.
The Philadelphia Phillies plan to meet with superstar free-agent outfielder Juan Soto at some point, although nothing has been scheduled yet. Soto has already met with the Toronto Blue Jays, Boston Red Sox, New York Mets and New York Yankees and is scheduled to meet with the Los Angeles Dodgers next. However, it's believed that no offers have been made to Soto yet. The Phillies already have one of the most complete rosters in the game, but they continue to look for ways to improve, and their ownership has shown a willingness to pay for some of the top free agents. It's believed that Soto prefers to stay in New York, but the Phillies could become a "stalking horse," according to Phillies CEO John Middleton. However, Mets owner Steve Cohen is willing to beat any other club's offer to Soto by $50 million, according to a source.
As expected, free-agent outfielder Juan Soto declined the New York Yankees' $21.05 million qualifying offer on Tuesday. It means that if Soto signs with another team on the free-agent market this offseason, the Yankees will receive draft-pick compensation. The 26-year-old is expected to land a mega deal for over 10 years and potentially for more than $600 million after leading the Yankees to the World Series in his first year in the Bronx in 2024. The Yankees would really like to bring him back, but the crosstown New York Mets could be looking to outbid them and steal Soto away. Other teams already involved are the Toronto Blue Jays, Boston Red Sox and Los Angeles Dodgers. Soto is a generational talent and had a career-high 41 home runs and 109 RBI in 157 regular-season games for the Yankees while leading the league with 128 runs scored.
Free-agent outfielder Juan Soto has already met with the Toronto Blue Jays, Boston Red Sox and New York Mets, and his agent, Scott Boras, met with the New York Yankees on Monday. The Los Angeles Dodgers are the next team up to meet with Soto, possibly as early as Tuesday, according to sources. No conclusion is expected before Thanksgiving next Thursday, but the feeling around the industry is that he could make a decision before the winter meetings, which begin on Dec. 9. The superstar outfielder is expected to sign a deal for at least 10 years and for a dollar amount that could exceed $600 million. One source said Soto has spoken with at least one other mystery team. Other teams that could meet with Soto include the Giants, Phillies and Rays, with Tampa being the biggest long shot. The Mets and Yankees are considered the favorites to secure Soto's services this offseason.
