Insider Believes Juan Soto Will Make Agency Decision by This Date

ESPN MLB Insider Jeff Passan believes free agent superstar Juan Soto will make his highly anticipated free agency decision by this date.

Oct 26, 2024; Los Angeles, California, USA; New York Yankees outfielder Juan Soto (22) celebrates after hitting a solo home run in the third inning against the Los Angeles Dodgers during game two of the 2024 MLB World Series at Dodger Stadium. Mandatory Credit: Jayne Kamin-Oncea-Imagn Images / Jayne Kamin-Oncea-Imagn Images

Is a decision by free agent superstar Juan Soto on the horizon?

After reports came this week that the slugger was in the process of eliminating teams that have expressed interest in him, Soto may make his much-anticipated decision very soon about where he may end up next season and beyond; the New York Mets and Yankees are right in the mix as finalists.

According to ESPN's MLB Insider Jeff Passan, the 26-year-old outfielder's decision about where will play could come by December 9 at the latest, when the MLB Winter Meetings get underway in Dallas.

Jeff Passan on Juan Soto:

"We know at this point that the final number is going to be at least $600 million... We could see a contract potentially in excess of $700 million."

"We will know (Soto's decision), at latest, by the time the Winter Meetings in Dallas start (Dec. 9)." pic.twitter.com/yKSPJ4q9nN

— Awful Announcing (@awfulannouncing) December 5, 2024

"We know at this point that the final number is going to be at least $600 million... We could see a contract potentially in excess of $700 million," Passan said. "We will know (Soto's decision), at latest, by the time the Winter Meetings in Dallas start (Dec. 9)."

Passan is also reporting that Soto's contract could potentially exceed north of $700 million, which would surpass Shohei Ohtani's $700 million contract with the Los Angeles Dodgers last offseason.

Soto was dealt to the Yankees from the San Diego Padres last December, and is coming off a great season during his walk year in the Bronx. The outfielder slashed .288/.419/.569 and had a career-high 41 home runs and 109 RBI in 157 regular season games; Soto also helped send the Bronx Bombers to their first World Series since 2009.

With Steve Cohen proving in the past that he is willing to spend on premier free agents since becoming the Mets' owner in 2020, will his potential record-breaking contract offer be enough for Soto to take his talents to Flushing, Queens?