7:54pm: There is currently no meeting scheduled between Soto and the Giants, tweets Jayson Stark of the Athletic.
11:10 am: The list of known teams who have upcoming meetings with Juan Soto and agent Scott Boras continues to grow. ESPN’s Jeff Passan reports that both the Blue Jays and Red Sox are set to meet with Soto and his representative this week. They’ll join Mets and Yankees in that regard. Passan adds that the Jays are “serious about adding a star” to the lineup alongside Vladimir Guerrero Jr., and Soto unsurprisingly tops their wishlist.
Similarly, the New York Post’s Jon Heyman paints the Jays as a legitimate contender in the Soto bidding. Toronto was famously willing to put forth the same offer that the Dodgers did to lure Shohei Ohtani to Los Angeles last winter, and Heyman adds that the Jays tried to trade for Soto last winter as well before the Yankees ultimately acquired him from the Padres. Both reports peg Toronto as a motivated buyer on the heels of a disastrous 2024 season that saw them finish in the AL East cellar.
From a payroll vantage point, the Jays should have a clear path to making a compelling offer. Jose Berrios and Yariel Rodriguez are the only players the Blue Jays have signed beyond the 2026 season — the latter never earning more than $8MM annually. RosterResource projects Toronto’s 2025 payroll at around $197MM at the moment — a good ways shy of last year’s franchise-record $225MM Opening Day mark. That projected number could drop even further with several non-tender/trade candidates still on the roster (e.g. Dillon Tate, Erik Swanson, Jordan Romano, Zach Pop). By 2026, the Blue Jays have under $75MM in guarantees on the books.
Toronto, of course, hopes to extend the aforementioned Guerrero and would need a massive offer to do so, but a long-term payroll ledger with Soto and Guerrero seems plenty doable given the lack of other commitments. Shortstop Bo Bichette could be another extension candidate, but he’s a tough case for a long-term deal after an injury-shortened season that included career-worst production at the plate. At the very least, it’s easy to see how the Blue Jays could make an aggressive push and competitive bid for Soto, as they did with Ohtani.
That’s generally true of the Red Sox as well, though their short-term books aren’t quite so clean. Rafael Devers, Brayan Bello and Ceddanne Rafaela are the only players signed truly long-term in Boston, but the Red Sox will still be paying Masataka Yoshida and Trevor Story notable salaries through the 2027 season at least. That said, the Sox have a much smaller arbitration class and don’t have the specter of a superstar’s potential departure hanging over them, as the Jays do with Guerrero. They’re projected for a payroll around $136MM in 2025 (again, via RosterResource) — modest relative to their franchise-record spending levels.
That said, the Red Sox have curbed spending in recent seasons. They did open the 2022 season with a $206MM payroll but have otherwise spent in the $170-180MM range since 2020. Back in 2018, when they last won a World Series, the Sox opened the season at $233MM. They followed with a $236MM in 2019 (both figures via Cot’s). Signing Soto would require a willingness to return to those 2018-19 levels — if not exceed them — but there are some signals the organization is willing to do just that.
Red Sox chief baseball officer Craig Breslow has been vocal about his intention of “deliver[ing] the team that’s capable of winning the AL East and making a deep playoff run,” adding that the Sox need to be willing to be big players in the free agent and trade markets in order to do so. Skeptics will call back to chairman Tom Werner’s regrettable and oft-mocked “full throttle” comments from an offseason ago, but Breslow has taken a more direct and repeated stance on his intent to be active in both markets.
The Sox have multiple areas they’ll need to target, however, as Breslow has also voiced his intent to “raise the ceiling” in the rotation. (They’ve also been linked to Max Fried, further lending credence to the idea that they’re willing to spend this winter.) Soto won’t accomplish that specific goal, nor will he help to balance out a heavily left-handed lineup (another of Breslow’s stated objectives), but that’s of little consequence. Free agents as young and impactful as Soto only come around every few decades; adding him to the lineup is an endeavor unique unto itself, and the rest of a team’s given goals can take a backseat to such a rare pursuit.
