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Juan Soto’s free agency is shaping up to be one of the biggest bidding wars in baseball history, with a projected contract that could hit or even exceed $700 million. Soto, fresh off a stellar season with the Yankees and still only 26, is primed to break new financial ground in MLB, with potential to earn an unprecedented $50 million per year without any deferred money. His standout performance this season—41 home runs and a .989 OPS—coupled with his youth makes him a uniquely valuable asset, setting him apart even from Shohei Ohtani’s record-setting contract, largely due to Soto’s extended career potential.
The Yankees, Soto’s most recent team, reportedly admire both his skills and his positive clubhouse presence. While they’re cautious about topping current salary records—having matched rather than set the market for Aaron Judge—they’re reportedly open to a deal that could keep Judge and Soto as a historic lefty-righty duo in New York. Still, with the Dodgers and Mets, both financially capable and eager to win, expected to pursue him, the Yankees face stiff competition.
Soto, who didn’t commit to any team after the Yankees’ World Series loss, is reportedly open to considering all options. Sources close to him suggest that he enjoyed his time with the Yankees but will prioritize team fit and winning potential alongside the financial terms. Additionally, with two small-market teams rumored to have expressed interest, there’s intrigue over whether Soto could consider a club outside the traditional big-market powerhouses.
Soto’s free agency is set to command significant interest across the league, and his next steps may reshape the expectations for superstar contracts going forward.
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