Juan Soto Targets $700 Million Contract
Juan Soto, one of MLB’s most sought-after free agents, is reportedly setting his sights on an unprecedented $700 million contract—potentially outshining Shohei Ohtani’s recent record-breaking deal with the Dodgers. This would be a genuine $700 million contract, not one with deferred payments.
Interest Grows Among Rival Teams
Following the Yankees’ loss to Ohtani’s Dodgers in Game 5 of the World Series, whispers emerged that eight teams were keen on signing Soto. Within a day, the number rose to 11 teams. Although formal negotiations haven’t begun, the $700 million price tag has become a focal point of Soto’s upcoming free agency.
Yankees’ Stance on Soto’s Future
While Soto values his time with the Yankees and has built strong bonds with his teammates, his contract demands will largely influence his decision. The Yankees are reportedly willing to offer a 13-year deal, but a 14-year contract might be more in line with Soto’s goal to play until age 40. Securing $700 million over 14 years would make Soto the first MLB player to earn over $50 million annually without deferred payments.
Potential Record-Breaking Deal
Despite their usual conservative approach to setting free agency standards, the Yankees may make an exception, especially given their commitment to keeping Soto and Aaron Judge together in the lineup. Soto’s presence is seen as crucial for maintaining the team’s competitive edge, with winning prioritized over maintaining franchise salary norms.
A Past Deal with the Padres
There are rumors that Soto was close to a contract with the Padres in 2023 before team owner Peter Seidler’s passing. Although details remain undisclosed, it’s widely believed that the deal would have been substantial, reflecting Seidler’s drive to secure elite talent.
Why Soto’s Value Surpasses Ohtani’s Record
One of Soto’s teammates remarked that he essentially has “the power to set his own price.” Soto’s age—only 26—provides a distinct advantage, giving him many prime years ahead. If Soto secures this $700 million contract, he’ll cement his legacy as the highest-paid player in MLB history.