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Juan Soto

Blue Jays, Red Sox To Meet With Juan Soto, Scott Boras

By Steve Adams | November 12, 2024 at 7:54pm CDT

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.

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Hal Steinbrenner To Meet With Boras/Soto

By Anthony Franco | November 8, 2024 at 7:31pm CDT

Yankees owner Hal Steinbrenner is scheduled to fly to Southern California for an in-person meeting with Juan Soto and agent Scott Boras, report Mark W. Sanchez and Jon Heyman of the New York Post. The Post reports that the sit-down will occur in about a week a half — a few days after Boras and Soto welcome Mets owner Steve Cohen.

Boras suggested at this week’s GM Meetings that Soto plans to meet with the ownership group of every team that is pursuing him. That made it an inevitability that he’d sit down with each of Cohen and Steinbrenner. The Yankees and Mets are the two most obvious suitors for the market’s top free agent.

Plenty of teams would love to bring Soto into the fold. Heyman reported last week that at least 11 teams had reached out to Boras to express interest — the Giants, Dodgers, Blue Jays and Red Sox among them. Still, there’s speculation throughout the industry that Soto is likeliest to land with one of the New York teams. Boras has publicly stated that Soto is willing to sign anywhere. Saying otherwise wouldn’t do his market any favors, of course.

Phillies owner John Middleton opined today that the bidding may come down to the Yankees and Mets. “I’m afraid Juan Soto wants to be in New York, and I don’t mind being a stalking horse,” Middleton told Conor Smith of the Philadelphia Inquirer. “At some point, if [president of baseball operations Dave Dombrowski] and I get that feeling, we’ll probably say, ‘You know what, we’re not going to win this’ because we’ve both been the stalking horse before. And if I were an agent, I would do it too. It’s perfectly good strategy. I mean, it’s smart. But at the end of the day, I just think he likes New York.“

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Blue Jays, Orioles, Red Sox Interested In Max Fried

By Darragh McDonald | November 8, 2024 at 5:15pm CDT

Left-hander Max Fried is one of the top pitchers available in free agency this offseason. The Blue Jays are one of the clubs with interest, per Ben Nicholson-Smith of Sportsnet. Fried is also connected to the Jays by Jon Heyman of The New York Post, alongside the Orioles and Red Sox. Heyman also mentions that Yankees have checked in with Fried, as well as guys like Corbin Burnes, Blake Snell, Sean Manaea, Anthony Santander and Pete Alonso, but all of those are framed as secondary to their goal of bringing Juan Soto back to the Bronx. For Boston, they have interest in another lefty starter, with Sean McAdam of MassLive reporting they are involved with Garrett Crochet of the White Sox. On the Fenway Rundown podcast (X link), McAdam also identifies the Orioles, Padres and Dodgers as key contenders for Crochet.

Fried, 31 in January, has tossed 884 1/3 innings for Atlanta in his career. In that time, he allowed 3.07 earned runs per nine. His 23.9% career strikeout rate and 6.8% walk rate are both a bit better than average while his 54.4% ground ball rate is quite strong. Among pitchers with at least 850 innings tossed from 2017 to 2024, only Framber Valdez, Logan Webb and Marcus Stroman had a higher ground ball rate than Fried. Of those four, Fried had the highest strikeout rate in that stretch while only Webb had a lower walk rate.

The lefty has also been fairly durable in that time. From 2019 to 2024, he made 11 starts in the shortened 2020 campaign and tossed at least 165 innings in each full season of that stretch except for 2023. Fried has also added another 67 postseason innings as Atlanta has been a fixture of the playoffs during his career. A forearm strain did limited him to 14 starts in 2023, which is perhaps a concern. An inflamed nerve in that same forearm caused him to miss a few starts in 2024 as well, but he was still able to take the ball 29 times and log 174 1/3 innings with a 3.25 ERA.

Atlanta gave Fried a qualifying offer that he is sure to reject while looking for a notable long-term pact. MLBTR’s recent Top 50 Free Agents post predicted Fried for a $156MM deal over six years, the third pitcher on the list behind Burnes and Snell.

Given his track record of success, he’s sure to be popular in the coming weeks and months. It was reported earlier this week that the Jays are planning to pursue starting pitching. They have three established veterans in their rotation, with José Berríos, Kevin Gausman and Chris Bassitt all under contract for next year. Bowden Francis has seemingly earned a gig as well after he posted a 1.80 ERA over his final 11 appearances in 2024.

They have Yariel Rodríguez and Jake Bloss as options for the #5 spot but there’s sense in adding depth. Rodríguez also pitched out of the bullpen at times in 2024 and could be pushed there to begin next year. Bloss only has three big league starts and hasn’t pitched much in the minors either, so having him on optional assignment would make sense. Alek Manoah could theoretically be back in the mix but likely not until late in the year, as he underwent UCL surgery in June.

RosterResource estimates the Jays are about $20MM shy of last year’s payroll, though they could non-tender some of their nine arbitration-eligible players to give themselves more room. Team president Mark Shapiro has indicated that he doesn’t expect the club’s spending to deviate significantly from last year. Giving Fried $26MM per year or something close to it would seemingly use up a decent chunk of their spending power. They also have needs on the infield, in the outfield and in the bullpen. The trade market could help in some of those areas but they will have to assess how to direct their resources in addressing multiple parts of the roster.

The Baltimore rotation just took a big hit as Burnes became a free agent, leaving them with Zach Eflin, Grayson Rodriguez and Dean Kremer as their front three. Kyle Bradish had Tommy John surgery in June and can’t be counted on for a while. Guys like Trevor Rogers or Albert Suárez could fill out the back but there’s sense in pursuing upgrades. Rogers struggled after being acquired from the Marlins while Suárez is a 35-year-old journeyman. Prospects like Chayce McDermott and Cade Povich haven’t yet been established in the major leagues.

The major question for the Orioles this offseason is what their true spending power is. It has now been over six years since they have given a multi-year deal to any free agent. Their four-year deal for Alex Cobb in March of 2018 was the last time they went beyond a one-year pact on the open market, as shown on MLBTR’s Contract Tracker.

Now that their rebuild is long done and David Rubenstein’s purchase of the club has become official, the general expectation is that the O’s will break that streak. But that could come in various forms, such as a two-year deal for someone like Nathan Eovaldi or a three- or four-year pact for someone like Manaea. It’s difficult to say right now whether they plan to be aggressive enough to land someone like Fried or perhaps re-sign Burnes.

For the Red Sox, chief baseball officer Craig Breslow recently said that the club plans to “raise the ceiling” in the rotation. They have a core group of Tanner Houck, Brayan Bello and Kutter Crawford at the moment. Lucas Giolito will be back at some point after undergoing internal brace surgery on his elbow in the middle of March last year. Nick Pivetta is now a free agent but is currently deciding whether or not to accept the qualifying offer that the Sox gave him. Garrett Whitlock could be in the mix but he could also wind up in the bullpen. Quinn Priester, Cooper Criswell and Richard Fitts are possibilities but could also wind up in the minors or in the ’pen.

It appears that the Sox are setting their sights high in pursuing upgrades of that group, with Fried and Crochet both being quality pitchers. Crochet’s move from the bullpen to the rotation in 2024 could hardly have gone better, as he ultimately tossed 146 innings with a 3.58 ERA, 35.1% strikeout rate, 5.5% walk rate and 45.1% ground ball rate.

The rebuilding White Sox have little reason to hold onto him, as Crochet is now just two years away from free agency. Since the White Sox just wrapped up the worst season of the modern baseball era, they probably won’t return to contention in that time. There’s been little to indicate that a contract extension is likely, so Crochet is seen as one of the top trade candidates of this offseason. He is projected by MLBTR contributor Matt Swartz for a salary of just $2.9MM next year, meaning he could fit into the budget of any club.

White Sox general manager Chris Getz says the the club is targeting position players in their Crochet trade talks. That could allow them and Boston to line up on a deal, as the Red Sox have a group of prospects known as the “Big Four”. Each of Roman Anthony, Kristian Campbell, Marcelo Mayer and Kyle Teel are nearing their major league debuts, meaning Boston either needs to find space for them on the big league roster or perhaps make them available in trades. McAdam suggests Anthony is untouchable but is less certain about the others in that group.

The White Sox will naturally have to assess what the Red Sox are willing to give up, as well as the other clubs. The Orioles have had one of the best farms in baseball in recent years, though it’s probably not as strong as it was. Many of the top names are now on the big league roster or have been used in trades as the club has pivoted into win-now mode.

The Padres’ interest in Crochet is logical both because they seem to be interested in everybody and also because they have budgetary concerns. Last winter’s Soto trade was largely about cutting payroll and getting the club under the competitive balance tax in the wake of their TV deal falling apart. Per RosterResource, their projected 2025 spending is already slated to blow past last year’s levels and they are right around the CBT line before the offseason has really even begun in earnest. Their rotation took a big hit when Joe Musgrove required Tommy John surgery, so replacing him with someone cheap like Crochet is obviously appealing.

The Dodgers pursued Crochet at the deadline a few months ago but no deal came together. They eventually won the World Series despite their rotation being essentially whittled down to a trio of Jack Flaherty, Yoshinobu Yamamoto and Walker Buehler. Both Flaherty and Buehler are now free agents. The Dodgers will get other guys back in the mix as they heal from injuries, such as Tyler Glasnow and Tony Gonsolin, but they could definitely find space for Crochet.

They have also been repeat CBT payors and therefore face high penalties. Per RosterResource, they are already slated to have a CBT number of $272MM next year, not far from the third tier of penalization with still plenty of offseason left to go.

As for the Yankees, the entire baseball world knows that their top priority is bringing back Soto, which will likely cost something close to $50MM per year for over a decade. If they don’t end up succeeding in bringing Soto back, they will have lots of options for redirecting that money to other parts of the roster. First base is open with Anthony Rizzo becoming a free agent. Soto’s departure would also make it viable to go after another outfielder. The club seemingly considered acquiring Flaherty at the deadline and then dealing Nestor Cortes, so some version of that could be in play again this offseason.

Theoretically, that makes Fried, Alonso, Santander or many other players viable fallback options, but it seems like those will only get real consideration after there’s more clarity with Soto. At this early stage of the offseason, there are infinite possibilities and each development will have domino effects. If some club lands Crochet, the clubs that miss out will have to pivot to other options. The clubs that don’t land Fried will have to adapt as well, as the various pieces of the free agent market and trade market are all interconnected.

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Mets Owner Steve Cohen To Meet With Juan Soto, Scott Boras Next Week

By Steve Adams | November 7, 2024 at 11:59pm CDT

The Mets have been expected to line up as one of Juan Soto’s primary suitors all winter, and after reaching out to agent Scott Boras on day one of the offseason, owner Steve Cohen is now set for an in-person visit with Soto and his agent in Southern California next week, reports Mike Puma of the New York Post. Of course, the Boras Corporation also represents key free agents like Pete Alonso, Corbin Burnes, Alex Bregman, Blake Snell, Sean Manaea, Yusei Kikuchi and Ha-Seong Kim. Whether Cohen and Boras will discuss any of those names — and whether any of those players will drop in for a sit-down with Cohen as well — remains unclear.

Little needs to be said about the potential fit for Soto in Queens. He’s among the game’s very best players and, as a free agent who’ll play next season at 26, he’s arguably the most coveted free agent since Alex Rodriguez reached the open market at the same age back in 2000. One could argue Shohei Ohtani as well, of course, but Ohtani hit the market at 29 and in the aftermath of an elbow surgery that would keep him off the mound or a full season.

The Mets, meanwhile, have one departing free agent outfielder (center fielder Harrison Bader), another who’s a free agent after next season (Starling Marte) and more than $100MM in free agent salaries coming off the books. Even with a full outfield, the Mets would likely be making a strong push for Soto. No team in MLB has a larger gap between their projected 2025 payroll and their 2024 payroll levels, nor does any team have a larger gap between their projected 2025 payroll and their all-time franchise-record payroll. Beyond that, Cohen is widely known as the wealthiest owner in the league. He’s a lifelong Mets fan who purchased the club as something of a passion project, and he immediately showed a willingness to put forth some of the largest payrolls of any team in major league history. The newly implemented fourth tier of luxury penalization is often colloquially referred to as the “Cohen tax.”

All that said, while an in-person meeting between the two parties is clearly of some significance, it’s not any indicator that there’s major traction toward a deal. Soto has heard from more than a third of the league, with even small-market clubs like the Rays reportedly doing their due diligence. It stands to reason that any club with serious interest is going to have an ownership meeting with Soto and Boras.

Yankees owner Hal Steinbrenner reportedly had a private meeting with Soto over the summer. The Dodgers, Giants, Blue Jays Nationals and others have all been mentioned as potential landing spots. Mark Zuckerman of MASNsports.com paints a reunion between Soto and his original organization as something of a long shot, but the Nats will presumably at least be on the periphery. Soto is such an uncommon free agent archetype that teams who’d normally never play for a free agent of this caliber could well throw their proverbial hats into the ring. A quick and decisive free agent process that’s resolved in mid-November feels quite unlikely.

For the Mets, Yankees and other serious bidders, however, getting an early feel for the market will be paramount. So much of any team’s offseason budget would be allocated to a Soto signing that his landing place — regardless of where it is — will have an immediate ripple effect on where those offseason dollars are spent. It wouldn’t be at all surprising if other owners, presidents of baseball operations, general managers, etc. traveled to meet with Soto and Boras in the next week or two, as the Boras Corporation feels out the early stages of interest and sets expectations for what most onlookers expect to be a historic contract — one that could set new standards in terms of net present value and average annual value (when factoring in for the deferrals on Ohtani’s contract).

And, as far as comparing Soto’s free agency to that of Ohtani, Boras unsurprisingly dismissed any such comparisons at this week’s GM Meetings and sought to put Soto in a tier unto himself. Via Puma, Boras had this to say about the comparison:

“I don’t think Ohtani has much to do with Juan Soto at all. It’s not something we discuss or consider. Juan Soto is in an age category that separates him from all. So comparability is not when you do these things for these young players.”

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Rays Among Teams To Have Reached Out To Soto

By Anthony Franco | November 6, 2024 at 8:34pm CDT

The Rays are among the teams that have reached out to Juan Soto’s camp since the opening of free agency last week, writes Jon Heyman of the New York Post. Heyman lists a much less surprising additional six teams that have shown interest: the Yankees, Mets, Dodgers, Giants, Blue Jays and Red Sox.

The mere mention of the Rays as a possible Soto suitor is going to be met with plenty of skepticism. It’d be a shock if they made a legitimate push for the market’s top free agent. The Rays have tried to land an elite free agent at least once before, as they reportedly made an offer in the $150MM range to Freddie Freeman before he signed with the Dodgers. That wasn’t too far off the price Freeman ultimately landed, but any offers to Soto would be in a different stratosphere. He should handily top $500MM and could secure a contract between $600MM and $700MM.

While it’s fair to assume the Rays themselves aren’t optimistic about their chances, this is illustrative that they have some money to at least dabble in the middle of free agency. The Rays opened this past season with a payroll around $98MM, per Cot’s Baseball Contracts. They’ve got a little less than $40MM in guaranteed commitments for next year (assuming Wander Franco remains on the restricted list and is not paid). Their arbitration class is projected around $25MM, though they could knock that to the $15MM range with a few non-tenders. Trades of Brandon Lowe or Yandy Díaz would subtract another $10.5MM or $10MM, respectively.

None of that is to say they should be perceived as a realistic threat to the big-market teams on Soto. They’ll probably be more active in free agency than many fans might expect given their general spending habits, though. Another mid-tier strike akin to the $40MM Zach Eflin deal from two offseasons ago could be on the table. Any free agent pursuits are complicated by their uncertain stadium situation after Tropicana Field was severely damaged by Hurricane Milton.

The other teams known to have some interest in Soto are all expected. The Yankees and Mets are widely perceived as the favorites. The Dodgers are at least tied to virtually every free agent of note. The news that Mookie Betts is likely moving back to the middle infield is going to fuel speculation about L.A. making a run at Soto. Giants baseball operations president Buster Posey has spoken about wanting to land a star. The Blue Jays were in the running for Shohei Ohtani last winter. The Red Sox have indicated they could be more active in free agency than they’ve been over the past few winters, although a splash in the rotation market seems much likelier than them landing Soto.

The New York Post reported last week that 11 teams had been in contact with Soto’s reps at the Boras Corporation on the first day of the offseason. That leaves at least four unknown clubs, though Heyman casts some doubt on the Nationals and Cubs as possibilities. Heyman suggests that Washington is unlikely to spend at the level necessary to bring Soto back. He writes that Chicago’s offseason plans are more geared towards pitching at the moment.

Soto’s free agency should carry for multiple weeks. USA Today’s Bob Nightengale wrote this afternoon that the four-time All-Star plans to have an in-person meeting with the ownership group of each team making a serious pursuit.

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13 Players Receive Qualifying Offers

By Darragh McDonald | November 4, 2024 at 4:12pm CDT

Today is the deadline for teams to decide whether or not to issue qualifying offers to eligible players. Per Jeff Passan of ESPN on X, 13 players have received the QO and they are:

  • Juan Soto (Yankees)
  • Corbin Burnes (Orioles)
  • Alex Bregman (Astros)
  • Max Fried (Braves)
  • Willy Adames (Brewers)
  • Pete Alonso (Mets)
  • Anthony Santander (Orioles)
  • Teoscar Hernández (Dodgers)
  • Nick Pivetta (Red Sox)
  • Christian Walker (Diamondbacks)
  • Sean Manaea (Mets)
  • Luis Severino (Mets)
  • Nick Martinez (Reds)

As a recap, the qualifying offer system was created in the name of competitive balance, allowing clubs to receive compensation if key players depart via free agency. The value changes from year to year as it is the average of the salaries of the 125 highest-paid players in the league. This year’s QO is valued at $21.05MM.

If the player rejects the QO and signs elsewhere, his previous team receives draft compensation while his new club is subject to draft pick forfeiture and sometimes international bonus penalties as well. MLBTR has previously covered what each team’s compensation and penalties would be.

Players have until 3pm Central on November 19 to decide whether to accept or not. In that time, they are free to negotiate with other clubs just like all other free agents, assessing their options before making a decision.

Most of the players on this list are not surprising. Many of them have enough earning power where it was obvious that they would receive a QO and they have an easy decision to reject it while going on to pursue larger guarantees on multi-year deals. Some of the decisions were a bit more borderline and MLBTR took closer looks at those in separate posts, including Martinez, Pivetta and Severino/Manaea.

There were also some notable players who were candidates to receive a QO but ultimately didn’t. MLBTR recently took a look at the pitchers and position players with a chance at receiving a QO. Michael Wacha was listed as a possibility but that came off the table when he and the Royals agreed to a new deal yesterday. Shane Bieber of the Guardians, Jeff Hoffman of the Phillies, Paul Goldschmidt of the Cardinals, Tyler O’Neill of the Red Sox, Gleyber Torres of the Yankees, as well as Ha-Seong Kim and Jurickson Profar of the Padres were all identified as long shots to receive a QO and ultimately none of them did.

Clubs generally don’t want to lose draft picks or be subject to the other associated penalties. As such, receiving a QO can sometimes have a negative impact on a player’s prospects in free agency, though it won’t be a significant factor for the top guys.

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Mets Among Roughly 11 Teams To Reach Out To Soto

By Anthony Franco | October 31, 2024 at 10:31pm CDT

Day One of the offseason means the Juan Soto pursuits are underway. Until Monday, only the Yankees are allowed to discuss salary figures. However, other teams can touch base with his camp to broadly express interest and pitch their organizations now that the World Series is finished.

The top free agent has gotten no shortage of attention. Jon Heyman of the New York Post writes that 11 teams were in contact with Soto’s camp by Thursday morning. The Post’s Mike Puma relays that the Mets — widely perceived as the top challenger to the incumbent Yankees — were among them.

Soto getting attention from more than a third of the league isn’t surprising. There isn’t a single front office that wouldn’t love to add him. The number of legitimately plausible suitors is much smaller. Soto’s contract demands figure to be prohibitive for all but a handful of teams, though Heyman writes that two unidentified small-market franchises were among the initial eleven. Still, it’s hard to envision Soto landing with a team that isn’t a traditional behemoth.

To that end, Heyman floats the possibility of Soto’s camp looking to top $700MM without any deferred money. While Shohei Ohtani hit that mark before adjusting for the deferrals, the deal’s net present value was well south of $500MM. MLB calculates the Ohtani deal just shy of $461MM for luxury tax purposes, while the Players Association puts it around $438MM. Either number still represents an all-time record. The Ohtani contract is the only one in MLB history to top $400MM.

There’s not much doubt that Soto is going to beat both versions of the NPV of the Ohtani deal. Doing so on a contract with a present value of $700MM is a massive ask. It’d require breaking the guarantee record by upwards of $240MM. Getting there would require at least $50MM annually over a 14-year term. Ohtani’s deferral-adjusted $46.06MM average annual value is the only AAV north of $44MM.

No free agent has signed for 14 years. Fernando Tatis Jr. is the only player to sign a 14-year contract, though his $340MM deal was an extension signed before his age-22 season. Bryce Harper got to 13 years as a free agent going into his age-26 season, as Soto is now. Harper took a relatively diminished $25.38MM annual salary, and while Soto is certainly going to beat that, shattering the AAV record and signing the longest free agent contract of all time would be an ambitious ask.

Of course, Soto is going to start free agency with extremely high expectations. The process seems likely to carry well into the offseason, perhaps beyond December’s Winter Meetings. Every high-payroll franchise figures to be linked to Soto in some capacity. The general expectation is that there’ll be a huge bidding war between Yankees owner Hal Steinbrenner and Mets owner Steve Cohen, in particular. Mets president of baseball operations David Stearns has already stated that the organization has the payroll flexibility to consider a run at “pretty much the entirety of the player universe.”

Puma notes that while the Mets may shy away from signing players who require draft compensation, they’re unsurprisingly willing to make an exception in Soto’s case. He’ll decline a qualifying offer, so the Mets would forfeit their second- and fifth-highest draft choices and $1MM in international bonus pool space to sign him.

That’s a non-issue for a player of Soto’s caliber. If the Mets are reluctant to surrender draft compensation, that could be a factor for their other free agent pursuits. They’ll be heavily involved on free agent pitchers. Corbin Burnes and Max Fried will get QOs, but Blake Snell and Jack Flaherty are ineligible. Borderline QO candidates include Michael Wacha, Nick Martinez and Nick Pivetta. As with Soto, they could consider Burnes and Fried to be exceptional free agents for whom they’re willing to take a hit to their farm system. That’ll be a subplot in what should be a fascinating offseason in the Big Apple.

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New York Mets New York Yankees Newsstand Juan Soto

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Dodgers Expected To Be In On Juan Soto’s Free Agent Market

By Mark Polishuk | October 27, 2024 at 11:23pm CDT

The Dodgers’ focus on Juan Soto is currently directed towards figuring how to get the slugger out during the remainder of the World Series, but once the offseason begins, the club could be looking to add Soto to its own lineup.  The New York Post’s Jon Heyman reports that the Dodgers are interested in Soto and will start more of a full-fledged pursuit “if he’s interested” if coming to Los Angeles.

As Heyman notes, the Dodgers’ deep pockets have allowed them to at least check in on virtually every major free agent in recent years, so if anything, it would be unusual if L.A. didn’t have Soto on its offseason wish list.  The Dodgers are also one of the few teams that can reasonably meet Soto’s asking price, which is widely expected to be the most upfront guaranteed money ever given to a baseball player.  The “upfront” caveat is necessary since Shohei Ohtani’s $700MM deal is so heavily deferred that the contract is worth around $437.8MM in present value, and Soto’s next deal is expected to surpass the $500MM mark.

According to RosterResource, the Dodgers already have roughly $257.2MM committed to their 2025 payroll, as well as a $253.1MM estimate on their luxury tax number.  The latter again puts the Dodgers over the tax threshold ($241MM) for next season, and naturally adding Soto for a minimum of a $50MM average annual value would put the club over the highest tax penalty tier of $301MM.  Since Los Angeles has already been a tax-paying team for the last four seasons, crossing the $301MM threshold would more than double the size of the team’s tax on any overages beyond the $241MM mark.

Of course, the luxury tax has clearly not been a major concern for the Dodgers in their pursuit of top-tier talent.  With Ohtani, Mookie Betts, Yoshinobu Yamamoto, and Will Smith signed through the rest of the decade and Freddie Freeman and Tyler Glasnow both signed through at least 2027, the Dodgers won’t be ducking under the tax line any time soon, and the financial penalty is offset by the simple fact that the team is a revenue-generating juggernaut.

There are plenty of obvious reasons why Soto would have his own interest in joining a perennial contender like the Dodgers, though geography continues to be the lingering question surrounding Soto’s impending free agency.  While Soto and Padres owner Peter Seidler made some headway in extension talks prior to Seidler’s passing a year ago, Heyman repeats the long-held belief that Soto would prefer to play on an East Coast team, all things being equal.  This could make the Yankees or Mets the favorites to sign him this winter, as the two New York teams can better fit Soto’s preferences of both location and contract.

While the Yankees and Mets alone could generate a nice bidding war, Soto and agent Scott Boras would certainly have a vested interest in keeping other teams in the hunt, be it the Dodgers or other potential suitors like the Giants, Blue Jays, or Nationals.  If the Dodgers perceive that Soto’s interest in coming to L.A. is fairly limited, the team could easily move onto any number of other options on the free agent market.

For instance, re-signing Teoscar Hernandez would be much less expensive than signing Soto, and Hernandez is already a known quantity in Los Angeles and a big offensive force in his own right.  Heyman also figures the Dodgers will look to add another big pitcher to its injury-ravaged rotation, even though Ohtani, Glasnow, Clayton Kershaw, and others are expected to be healthy by Opening day.

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Los Angeles Dodgers Juan Soto

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Soto, Steinbrenner Held Private Meeting In July

By Anthony Franco | September 27, 2024 at 7:44pm CDT

Juan Soto and Yankees owner Hal Steinbrenner had a one-on-one meeting in July, reports Brendan Kuty of the Athletic. The four-time All-Star confirmed the conversation, telling Kuty that “it was good to get to know the owner, get to see what he’s thinking about me and everything.”

Soto didn’t provide any specifics. However, Kuty reports that the general focus of the conversation was on Soto’s experience with the team. “It’s always good to see (an owner) coming over at least to say hi,” the outfielder told The Athletic, “see how we’re doing, what we have in mind, this and that. It’s great to have an owner that really cares for players.”

Steinbrenner hasn’t been shy about his desire to keep the superstar in pinstripes. The owner said in May that he was open to in-season extension talks. Soto closed that down a few weeks later, reiterating in June that he and agent Scott Boras would wait until the offseason to worry about contract terms. Considering Soto has reportedly declined a number of extension offers throughout his career, there was never much doubt that he’d test free agency.

[Related: Previewing The 2024-25 Corner Outfield Class]

The Yankees are going to face a push from the crosstown Mets and should have some amount of competition for Soto’s services from every high-payroll franchise. One meeting between Soto and Steinbrenner isn’t going to change the odds of keeping him around, but it’s presumably a bit of a preview of the months to come.

Soto has established a new career high with 41 homers during his first season in the Bronx. He leads the American League with 128 runs scored and is hitting .288/.418/.572 across 704 trips to the plate. By measure of wRC+, Soto has been 80 percentage points better than a league average batter. That’s his best mark in a 162-game schedule.

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New York Yankees Juan Soto

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Nationals’ Rizzo On Offseason Spending, Rotation, CJ Abrams

By Steve Adams | September 25, 2024 at 12:53pm CDT

Nationals president of baseball operations and general manager Mike Rizzo said recently that his club will be on the lookout for middle-of-the-order bats this offseason, in an effort to supplement a growing young core. The Nats would reportedly “love” a reunion with Juan Soto — unsurprisingly so; who wouldn’t at least be interested? — and the free agent market will have big-name bats ranging from corner infielders Pete Alonso, Alex Bregman and Christian Walker, to shortstop Willy Adames, to slugging corner outfielders like Anthony Santander and Teoscar Hernandez.

Multi-year free agent deals of any real magnitude haven’t been a focus for the Nationals throughout the past three years of their rebuild, but Rizzo suggested in his weekly appearance on 106.7 The Fan’s “Sports Junkies” show that a return to the deeper waters of free agency could be possible this winter (Audacy link to the entire 14-minute interview). Asked if ownership “will be open to going out and giving bigger money to guys who are established” (as opposed to the recent run of one-year deals and reclamation-project hitters), Rizzo replied:

“I think if the opportunity arises and the right fit arises, I don’t see any reason they wouldn’t. They’ve done it in the past when there’s players out there that are available that fit what we’re looking for.”

The Lerner family, which owns the Nats, has indeed been willing to spend at top-of-the-market levels in offseasons past. Washington has twice doled out more than $200MM on single free-agent deals: Max Scherzer’s seven-year, $210MM contract and Stephen Strasburg’s seven-year, $245MM pact. The latter of those two signings, of course, did not pan out. The former stands as one of the best and most successful major free agent signings in history. The Lerners have also given the green light to another pair of nine-figure signings in Patrick Corbin (six years, $140MM) and, way back in 2010, Jayson Werth (seven years, $126MM — a massive contract at the time).

Certainly, the Nationals haven’t spent at the level that will be required to sign Soto this offseason, but Soto figures to command a historic contract. No team has really gone to that length — arguably not even the Dodgers, given the unique and deferral-laden structure of the 10-year contract they gave to Shohei Ohtani last winter. (MLBTR’s Darragh McDonald and I discussed the possibility of a Nationals pursuit of Soto on this morning’s episode of the MLBTR Podcast, which was recorded prior to Rizzo’s comments.)

With regard to the rest of the free agent class, none of Bregman, Alonso, Santander, Hernandez or any of the other big bats in free agency figure to exceed the limits at which the Nationals have spent in the past. That doesn’t ensure that the Nationals will pony up for a top-of-the-market bat, but there’s precedent for them spending at or even in excess of most of those levels. Add in the fact that the only guaranteed contracts on the Nationals’ books beyond the current season are the remaining two seasons of that Strasburg deal and Keibert Ruiz’s eight-year, $50MM extension (spanning the 2023-30 seasons), and there’s room for the Nats to engage with any free agent they deem a fit — Soto included.

Rizzo noted that expenditures to bolster the lineup needn’t only come on the free-agent side of things. He listed both the trade level and the “development level” of player acquisition as well, noting that between the three he expects an “active, interesting winter” for his club. Rizzo stopped short of declaring the team’s rebuild entirely over and proclaiming the 2025 campaign a clear win-now season, but the general tone of his comments Wednesday painted a team on the rise with increased expectations of contending sooner than later.

Much of that has to do with the strides Washington has seen from its collection of in-house starting pitchers, for whom Rizzo effused praise. Right-hander Jake Irvin and lefties MacKenzie Gore and Mitchell Parker will all finish with 30-plus starts and more than 150 innings. Southpaw DJ Herz, called up later in the season, will close out the year with 19 big league starts, in all likelihood.

All four pitchers currently have an ERA between 4.04 and 4.30. Broadly speaking, their earned run averages have ticked up late in the season as their workloads have reached previously uncharted waters. Each is already at least 27 innings past his previous single-season career-high mark. In Irvin’s case, his 183 1/3 innings are 40 more than his previous highwater mark. Some fatigue and growing pains are to be expected. Still, Rizzo made clear that the simultaneous development of that quartet is among the organization’s biggest successes this season and serves as “a great measuring stick going forward.”

Presumably, the Nats hope that top pitching prospect Cade Cavalli, who missed the 2023 season and much of 2024 while recovering from Tommy John surgery, can join that group in 2025. It’s a solid-looking collection of arms, although given the general volatility and attrition rate of pitchers, it’s easy to envision Rizzo and his staff considering at least one veteran addition this winter to supplement the group and safeguard against injuries and/or regression. Rizzo didn’t specifically call out rotation support as an area of need, but virtually any team would be reluctant to head into a season with five starters under the age of 28 and with three or fewer years of big league service atop the depth chart.

Rizzo was also naturally asked about the recent demotion of shortstop CJ Abrams, whom the Nationals optioned over the weekend. At the time of the move, the team only indicated that it was for an off-the-field issue. Subsequent reports have suggested that Abrams’ demotion was a disciplinary measure after he stayed out all night at a casino the night before a day game against the Cubs. Rizzo unsurprisingly declined to delve into specifics but confirmed it was an off-field issue and voiced support for Abrams moving forward:

“It was not performance-based. We felt it was in the best interest of the player and the organization to do so. It’s an internal issue that we’re going to keep internal. … It’s not the end of the world for CJ. It’s not the end of the world for the Nationals. It’s something that happens over the course of time, especially with young players. We love CJ. We care for CJ. We’re in constant communication with he and his agent, and we still have a great relationship.”

“…We have a standard here. We’ve had it for a lot of years. When players don’t reach those standards, we have to do what’s in the best interest of the organization. … And when players fail to reach those standards, we have to do something to get them back into the mode of Nationals, and teammate, big leagues. We felt that it was warranted in this case. Like I said, not the end of the world. Not the end of CJ Abrams. Not the end of the Nats.”

Abrams, who’ll turn 24 in a couple weeks, came to the Nationals alongside Gore, James Wood, Robert Hassell III and Jarlin Susana in the trade sending Soto to the Padres. The former top prospect looked to be in the midst of a full-fledged breakout for the first half of the season, slashing .282/.353/.506 through early July. He’s since fallen into a protracted slump, hitting just .191/.254/.321 over his past 236 turns at the plate. (He’d picked up the pace again of late, going 11-for-28 with a pair of homers and three doubles in his past eight games.)

The demotion to the minors won’t cost Abrams in terms of big league service, arbitration trajectory or free agent timeline. He’d already accrued a full year of service in 2024 at the time he was sent down. He’ll finish the year with 2.130 years of service, making him a very likely Super Two player who’ll be eligible for arbitration four times rather than the standard three. The first of those four — assuming he indeed qualifies as a Super Two player — will come this offseason. He’s under club control through the 2028 season.

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