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Soto decision to come Monday at the latest?
Soto decision to come Monday at the latest?
1:36 AM UTC
MLB.com
MLB.com is keeping track of the latest news and rumors surrounding Juan Soto.
Dec. 4: Soto decision expected by Monday? While there has been speculation that Soto would make his highly anticipated decision on where to sign before the Winter Meetings are over, ESPN's Jeff Passan reports that we should know where the coveted superstar will be playing next season "at latest" by Monday, when the Winter Meetings get underway in Dallas.
Earlier this week, it was reported that Soto is in the process of eliminating potential suitors, a group that is thought to include the incumbent Yankees, the Mets, the Red Sox, the Blue Jays and the Dodgers. According to a report by The Athletic (subscription required), all remaining contenders have made Soto offers of more than $600 million.
Dec. 3: Soto expected to sign record-breaking deal; process of eliminating teams underway It's no surprise that Soto has been widely expected to sign a record-breaking contract in free agency.
A report from The Athletic (subscription required) only furthered that notion, claiming that the floor for signing Soto is $600 million, according to their sources. While that figure would fall $100 million short of Shohei Ohtani's 10-year, $700 million deal with the Dodgers last offseason, Ohtani opted to defer all but $20 million of his deal, which significantly lowered the present-day value. If Soto were to to sign for $600-plus million with little to no deferred money, the present-day value would surpass Ohtani's deal.
Soto's agent, Scott Boras, also told reporters at Dodger Stadium on Tuesday that their camp is in the process of eliminating potential landing spots but did not elaborate on which teams those could be.
The clubs publicly known to have the most interest in Soto are the Mets, Yankees, Red Sox, Blue Jays and Dodgers. According to The Athletic's reporting, all remaining contenders have made offers above $600 million. The industry expectation is that Soto will sign by the end of the Winter Meetings, which will be in Dallas from Dec. 9-12, although The Athletic reported that it's possible that a signing happens before the meetings begin.
At 26 years old, Soto has one of the most impressive profiles for any free agent in baseball history, prompting this type of contract. Soto owns a career .953 OPS, .421 OBP and 201 home runs in 936 games. He's coming off his best season yet, one where he posted a .989 OPS, hit a career-high 41 home runs and finished third in AL MVP voting in his first season with the Yankees.
Dec. 2: Will Blue Jays be the top bidder on Soto? Don¡¯t overlook the Blue Jays in the Soto sweepstakes. Although SportsNet¡¯s Ben Nicholson-Smith wrote last week that Toronto was seen as a ¡°dark horse, at best,¡± in the race for Soto, SNY¡¯s Andy Martino reported Monday that ¡°there is a widespread belief among bidders that Toronto will come in with the highest offer.¡±
Jim Duquette echoed that sentiment on MLB Network Radio, saying that he¡¯s heard from many people who think that the Blue Jays are going to be the top bidder.
Martino also heard from a source who pushed back on the ¡°widespread skepticism¡± about Soto¡¯s willingness to sign with the Blue Jays, saying that if a team is involved in the final bidding process, Soto is open to going there.
As for whether Soto actually plans to sign with the team that gives him the best offer or is prioritizing other factors, no one knows for sure. But we may find out soon enough, as MLB Network insider Jon Paul Morosi said Monday that he¡¯s heard from sources who think Soto will make his decision within the next 10 days.
The superstar outfielder is reportedly weighing offers from five teams, with the Yankees, Mets, Red Sox and Dodgers joining the Blue Jays in the bidding.
Nov. 30: Mets and Red Sox appear to be most likely landing spots for Soto (report) According to NJ.com Yankees reporter Randy Miller in an appearance on New York's WFAN Radio on Saturday, the Red Sox and Mets are the most likely landing spots for Soto, with the Blue Jays "all in" on the superstar slugger and the Yankees likely to "finish fourth" in the Soto sweepstakes.
"I think it's going to come down to the Red Sox and Mets," Miller said. "From what I'm hearing, Big Papi [former Red Sox great David Ortiz] is playing a role in this and recruiting Soto hard. I heard [Soto] was very impressed with the Red Sox and the Red Sox are telling Soto that they're going to bring in a couple of extra players in addition to him. ... I think the Yankees, from what I hear, clearly they value him, but ... I don't think the Yankees will go $600 million. I'm hearing the Yankees will probably top out in the $550 million range."
Nov. 27: Yankees increase offer to Soto (report) The Soto sweepstakes appear to be entering the next round, with the Yankees upping their initial offer in recent days, per a report from MLB Network insider Jon Heyman.
While Heyman wrote for the New York Post that the Yanks have also touched base with Corbin Burnes and Max Fried -- as well as some of the other top free agents -- he said New York has not yet extended an offer to either player.
Though it's unclear exactly what New York's latest offer is -- or what the original numbers were -- the club has reportedly told Soto it is willing to include opt-outs in a potential contract. There will likely be other teams also willing to extend that luxury, with the Mets, Dodgers, Red Sox and Blue Jays remaining the most likely landing spots for Soto if he elects to leave the Bronx.
Nov. 26: Soto's decision coming before the Winter Meetings? The 2024 Winter Meetings in Dallas begin on Dec. 9. An annual highlight on MLB's offseason calendar, there is usually a flurry of player movement during the four-day event. Some of the best free agents agree to their next contract during the Winter Meetings.
But the best free agent this year might agree to his deal before the Meetings begin. A source told Sean McAdam of MassLive.com that there is a ¡°very good¡± chance Soto selects his next team even before the start of the Winter Meetings. This jibes with what MLB.com's Mark Feinsand reported recently; he wrote that "the feeling around the industry" is Soto could make his decision before Dec. 9.
Morosi said he thinks there is a "real possibility" that a Soto signing comes in the early days of the Meetings. If it comes on that first day, it would be the same date (Dec. 9) that Shohei Ohtani made public his decision to sign with the Dodgers last year, although that came after the Meetings concluded.
Nov. 26: Red Sox 'stepping up efforts' to sign Soto (report) The Red Sox are one of the five teams that have made a contract offer to Soto, a source told MLB Network insider Jon Paul Morosi. No one knows the value of that offer, but it shouldn't be taken lightly as Boston is reportedly "stepping up efforts" to land the offseason's No. 1 free agent. More >
Nov. 26: Five teams submit offers to Soto (source) To this point, Soto's free agency has been about meeting with teams and hearing their general pitches -- but that has changed according to MLB Network insider Jon Paul Morosi, who reports that five teams have submitted contract offers to the 26-year-old superstar: the Red Sox, Dodgers, Mets, Yankees and Blue Jays. ESPN's Buster Olney reported over the weekend that contract offers were expected to begin rolling in this week.
Juan Soto has offers from 5 teams, source confirms the report by @RandyJMiller.
Boston Red Sox Los Angeles Dodgers New York Mets New York Yankees Toronto Blue Jays @MLBNetwork
Nov. 20: Soto has 'good meeting' with Yankees The Yankees met with Soto on Monday in California, and team owner Hal Steinbrenner confirmed Wednesday that it was a "good meeting" with "very honest back-and-forth dialogue."
Steinbrenner said that Yankees general manager Brian Cashman, manager Aaron Boone, president Randy Levine, and special assistant to the GM Omar Minaya were all in attendance during Monday's meeting. But he didn't divulge any part of the team's pitch to Soto or say if any offers were made during the meeting.
"It's been a priority," Steinbrenner said about signing Soto. "We wouldn't have gone out to the West Coast if it wasn't. ... We'll be in the mix. I'll leave it at that."
Steinbrenner said he has "no idea" if the Yankees will meet with Soto again or if he's confident that the club can re-sign the 26-year-old superstar. But he added, "[W]e've got the ability to sign any player we want to sign."