The New York Yankees are desperate to re-sign star outfielder Juan Soto before he becomes a free agent in the winter, and a team insider thinks they may do it by releasing a valuable position player to increase the sum of money they offer Soto.
The Yankees are the best team in the American League East and have the second-best overall record (30-15) going into today’s MLB games. Despite the fact that 2022 AL MVP Aaron Judge has struggled to start the season, it is an amazing start for a team that hasn’t had ace Gerrit Cole all season. However, it demonstrates Juan Soto’s might.
Projected contract for Juan Soto: $500 million over ten years
The 2024 season is off to a great start for the offseason acquisition. In addition to being the team leader in runs (30), runs batted in (34), average, and on-base percentage, he is second in home runs (9) and total bases (89). Just in time for his eventual entry into the free agent market later this year, the incoming free agent is having an MVP-caliber season. It is a concern for the company.
For this reason, it was rumored this past week that the Yankees intend to bring him and his agent back into the fold for negotiations over a contract during the season. According to recent estimates, Soto might be asking for $50 million a season or as much as $500 million over the course of the contract. Although New York can afford any player, they are also a company, thus they might take an unexpected cost-cutting measure to offset the enormous sum of money they might have to pay Soto.
Anthony Rizzo could be cut by the New York Yankees in order to use his funds for a new contract with Juan Soto.
The Athletic’s Brendan Kuty, a reporter covering the New York Yankees, fielded a question on Anthony Rizzo’s plans following this season. He has a $17 million team option in 2025, and this year has proven to be another strong one for them. But Kuty thinks Rizzo might lose out on a contract with Juan Soto soon.
Kuty stated, “It’s very likely that the Yankees would look to pick up Rizzo’s option if he keeps hitting.” He’ll be one year younger than [DJ] LeMahieu when he plays next season at 35. But Soto’s perspective must be applied to everything this offseason. All bets are off if the Yankees believe that saving money at first base and allocating it to Soto is more important.
