This winter’s biggest story is the Juan Soto sweepstakes. The New York Yankees, New York Mets, Toronto Blue Jays, Boston Red Sox, and Los Angeles Dodgers are the top five teams on the list, and Soto is anticipated to sign his contract within the next two weeks. The two New York teams are still in the lead, but any of these teams might still sign the superstar. It is rather more difficult to forecast the value of Soto’s agreement, though, as it is said to be enormously significant. The New York Post’s Jon Heyman believes Soto will sign a contract that is more lucrative than the floor’s reported $600 million agreement, but it won’t be the ideal $700 million deal. Heyman believes Soto will get a $630 million, 14-year contract this winter.
With almost all big-market teams involved, including the Mets and incumbent Yankees, he will score the most valuable contract ever when considering Shohei Ohtani’s $700M deal is valued at $437.4M (union valuation) due to the $680M in deferrals,” Heyman wrote. “At least the Dodgers, Giants, Blue Jays, Red Sox, and surprising (Tampa Bay) Rays are also in the biggest derby. $630M, 14 years.”
There are a lot of variables in Soto’s agreement, but Heyman might be spot on with this projection. Will people be able to opt out? Is it going to be front-loaded? Will several teams make $630 million offers, raising the final price even further? Ultimately, until Soto’s deal is revealed, no one will actually know the specifics. I would anticipate a deal far over $600 million for 13 to 15 years, just to be safe.
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