Juan Soto 'Likely' to Ask For This Massive Contract Figure; Could Mets Land Him?

The belief is that Yankees superstar Juan Soto is "likely" to ask for this huge contract figure. Could Steve Cohen and the Mets lure him away from the Bronx in free agency?
Jul 11, 2024; St. Petersburg, Florida, USA; New York Yankees outfielder Juan Soto (22) runs the bases after hitting a home run against the Tampa Bay Rays in the third inning  at Tropicana Field. Mandatory Credit: Nathan Ray Seebeck-USA TODAY Sports
Jul 11, 2024; St. Petersburg, Florida, USA; New York Yankees outfielder Juan Soto (22) runs the bases after hitting a home run against the Tampa Bay Rays in the third inning at Tropicana Field. Mandatory Credit: Nathan Ray Seebeck-USA TODAY Sports / Nathan Ray Seebeck-USA TODAY Sports

So you're saying there's a chance?

New York Yankees superstar outfielder Juan Soto appears to be intent on heading to free agency after the 2024 season concludes.

So could the Mets outbid their cross-town rivals for his services?

It's certainly possible, but it will be costly. Soto is still just 25-years-old and a generational talent. And according to MLB insider Jon Heyman of The New York Post, Soto "will be seeking $500 million plus, and likely even $600M."

That is a massive figure, but there is no denying that Soto is one of the best players in baseball since debuting in 2018. Two-way mega star Shohei Ohtani landed a record-setting 10-year, $700 million from the Los Angeles Dodgers this past offseason, but the Japanese phenom is an MVP slugger and Cy Young caliber starting pitcher.

The Mets have franchise cornerstone first baseman Pete Alonso set to become a free agent this winter as well. Billionaire owner Steve Cohen has deep enough pockets to sign both Soto and Alonso, but it's hard to envision him doing so given the 110 percent luxury tax penalty.

The Mets' organization will have to make a choice regarding who they want to lead their franchise for the next decade or so. Not to mention, Heyman also reported that Yankees managing parter Hal Steinbrenner is believed to "remain steadfast" in his desire to re-sign Soto long-term.

Soto and Alonso are repped by super agent Scott Boras, who typically encourages his clients to test the waters on the open market. This star duo will likely be no different.

Steinbrenner revealed to Jack Curry of YES Network back in May that the Yankees were going to approach Soto about a possible contract extension in season. But that extension is unlikely to come to fruition at this point.

Soto may ask for $600 million in free agency, and while it's hard to see him leaving the Yankees, the Mets could swoop in and outbid their cross-town rivals for his talents.


Published
Pat Ragazzo

PAT RAGAZZO

Pat Ragazzo is the reporter, publisher, site manager and executive editor for the Mets and Yankees websites on Sports Illustrated. Pat was selected as The Top Reporter & Publisher of the Year 2024 by the International Association of Top Professionals (IAOTP) for outstanding leadership, dedication, and commitment to the industry. He appears on several major TV Network stations including: NBC4, CBS2, FOX5, PIX11, SNY and NY1; and is frequently heard on ESPN New York FM 98.7 FM and WFAN Sports Radio 101.9 FM as a guest. Pat also serves as the Mets insider for the "Allow Me 2 Be Frank" podcast hosted by Frank "The Tank" Fleming of Barstool Sports. You can follow him on Twitter/X: @ragazzoreport.