Headlines

Go To Pro Hockey Rumors
Go To Hoops Rumors

Juan Soto

The Best Fits For Juan Soto

By | at

Last offseason, MLBTR took extensive looks at how the market for each of the top free agents might shake out, providing those pieces to our Front Office subscribers. We're doing the same this winter, kicking things off with a look at the likely bidders for Juan Soto and where each stands with regard to payroll and the luxury tax, among other aspects that ought to be considered.

At this point, there's little need to chronicle Soto's greatness to this point in his career. In our Top 50 Free Agent rankings, I penned over 1000 words on Soto alone, outlining just some of the reasons he's rightly referred to as a "generational" talent (a term that perhaps is used a bit too cavalierly these days). To borrow a couple excerpts from that:

"It’s rare for a player to even make his big league debut at 19, let alone to immediately break out as a star. That’s precisely what Soto did, however, belting an opposite-field home run off Chad Green in his second big league plate appearance. One home run doesn’t make anyone a star, of course, but Soto was completely unfazed by MLB pitching and went on to post a .292/.406/.517 batting line and swat 22 homers all before turning 20. In the entire history of the game, no one as young as Soto has turned in a season that good. Soto’s 142 OPS+ in his rookie season is the best in MLB history (min. 300 plate appearances). Soto’s debut harkened back to Hall of Famer Mel Ott’s jaw-dropping 19-year-old rookie season with the New York Giants exactly 90 years prior."

That, of course, is just looking at his rookie year. Soto's only gotten better since then, recording more walks than strikeouts in five consecutive seasons. He belted a career-high 41 homers this past season while slashing .288/.419/.569. By measure of wRC+, he was 80% better than league average at the plate (and somehow still only his team's second-best hitter; we see you, Aaron Judge). Yet Soto and all of his career accolades are hitting the open market at just 26 years of age. Judge, by comparison, played his first full season at age 25. He was entering his age-31 season in free agency. Shohei Ohtani was entering his age-29 campaign. Free agents rarely hit the market this young, and it's feasible we haven't even seen the best version of Soto yet.

When it comes to contract expectations, throw precedent and norms out the window. If you're not willing to put down at least a decade -- and likely 12, 13, 14 or even 15 years -- you're not likely to get a seat at the table. (Though it's fun to at least think of a clean-payroll club offering an extreme AAV on a shorter-term deal with an opt-out; six years, $450MM anyone?)

We know most of the teams that have already met with Soto by now, but let's take a look at each and try to identify which clubs might emerge as the ever-popular "mystery team" based on their payroll, tax status, and other factors.

Unlock Subscriber-Exclusive Articles Like This One With a Trade Rumors Front Office Subscription

BENEFITS
  • Access weekly subscriber-only articles by Tim Dierkes, Steve Adams, and Anthony Franco.
  • Join exclusive weekly live chats with Anthony.
  • Remove ads and support our writers.
  • Access GM-caliber tools like our MLB Contract Tracker

Royals Have Shown Interest In Juan Soto

By | at

The Royals have reached out to Juan Soto this offseason, writes Jon Heyman of the New York Post. It doesn’t appear talks got far, as Heyman unsurprisingly adds that Soto’s asking price is out of Kansas City’s comfort zone.

At the start of the offseason, Heyman reported that a pair of small-market teams were among 11 clubs to reach out to Soto. The Rays were quickly reported as one of those suitors, and it seems the Royals were the other. In any case, there’s nothing to suggest either Tampa Bay or Kansas City has shown more than cursory interest. The teams known to have met with Soto — the Mets, Yankees, Blue Jays, Red Sox and Dodgers — are all big-market franchises. The Phillies hadn’t scheduled a meeting with Soto as of Tuesday, though they’re also expected to sit down with the star outfielder and agent Scott Boras at some point.

The Royals were surprisingly active spenders last winter. Kansas City committed upwards of $110MM in free agency, headlined by deals for Seth Lugo and Michael Wacha. Those contracts worked out incredibly well. Lugo finished second in AL Cy Young balloting. Wacha continued to post quality mid-rotation numbers. He opted out of the second season of his first K.C. contract before returning to the organization on a three-year, $51MM deal.

Kansas City’s biggest investment came on the eve of Spring Training, as they extended franchise shortstop Bobby Witt Jr. on an 11-year deal that guaranteed him nearly $289MM. Witt turned in an MVP runner-up showing as Kansas City surprisingly snapped a nine-year playoff drought.

Witt’s contract is easily the biggest deal in franchise history. Soto’s asking price is surely more than double that. While they’re not going to get the market’s top free agent, the Royals could be involved on anyone else in the outfield class. Anthony Santander, Teoscar Hernández, Tyler O’Neill and Jurickson Profar are candidates for three- or four-year contracts. It’d be a surprise if anyone from that group reached nine figures, though Santander has an outside chance. K.C.’s corner outfield tandem of MJ Melendez and Hunter Renfroe is very weak for a contender, making that an obvious area for the front office to upgrade.

Aaron Judge Wins AL MVP

By and | at

Aaron Judge is the MVP once again. The Baseball Writers Association of America announced this evening that the Yankee captain was the unanimous choice for the American League’s top player this year. Bobby Witt Jr. of the Royals was the unanimous runner-up, getting all of the second-place votes. Judge’s teammate Juan Soto finished third in the voting.

Judge was the AL MVP in 2022, his 62-homer campaign. While he came up just shy of that in 2024 with “only” 58 home runs, he roughly kept pace with himself in most categories. His 24.3% strikeout rate was actually a personal best, slightly ahead of the 25.1% clip from his previous MVP campaign. His 18.9% walk rate was a few ticks better than the 15.9% clip from two years ago. His 10 steals were a bit of a drop from his 16 from two years back, but his 144 runs batted in were a gain of 13.

Overall, his offensive contributions led to a ridiculous .322/.458/.701 slash line this year. That translated to a 218 wRC+, indicating he was 118% better than league average this year. That was an improvement over his 206 wRC+ in 2022.

On top of his work at the plate, he also contributed in the field. While he’s primarily been a right fielder in his career, he spent a career-high 903 innings in center in 2024. While he didn’t receive strong marks for his work there, simply being able to play up the middle was valuable to the Yanks, given the demands of the position. FanGraphs considered him to be worth 11.2 wins above replacement on the year, a slight increase over his 11.1 fWAR in 2022.

That all-time performance made it an easy choice for voters. That’s unfortunate for Witt, who played at a level that’d be enough to win MVP in a lot of years. The Royals’ star shortstop led the majors with a .332 average and 211 hits. He slashed .332/.389/.588 with 32 homers and 31 steals while playing excellent defense. FanGraphs credited Witt with more than 10 WAR in his own right. Since Witt finished in the top three in MVP voting within his first three MLB seasons, the Royals receive an extra pick after the first round in next year’s draft.

Soto had arguably the best full season of his career, hitting 41 homers with a .288/.419/.569 slash in what may be his only year as a Yankee. This is his third top five MVP finish. Soto received 21 third-place votes. Gunnar Henderson and José Ramírez, who finished fourth and fifth respectively, were the only others to land in third on some ballots. Vladimir Guerrero Jr., Tarik Skubal, Jarren Duran, Yordan Alvarez, Brent Rooker, Emmanuel Clase, Cal Raleigh, Rafael Devers, Anthony Santander, Jose Altuve, Seth Lugo, Corey Seager, Framber Valdez and Detroit reliever Tyler Holton also appeared on at least one ballot.

Full voter breakdown from BBWAA.

12 Players Decline Qualifying Offers

By | at

Twelve of the 13 qualified free agents have declined the QO, tweets Mark Feinsand of MLB.com. The exception was Nick Martinez, who accepted the $21.05MM offer from the Reds over the weekend.

The players who rejected the offer:

There wasn’t much intrigue by the time this afternoon’s deadline officially rolled around. Martinez, Pivetta and perhaps Severino were the only players who seemed like they’d consider the QO. All three made their decisions fairly early in the 15-day window that they had to weigh the offer.

All 12 players who declined the QO have a case for at least a three-year contract. Soto is looking at the biggest deal (in terms of net present value) in MLB history. Burnes, Fried, Adames, Bregman, Alonso and potentially Santander could land nine figures. Severino, Manaea, Hernández and Pivetta look like they’ll land three- or four-year deals. Walker could get to three years as well, though it wouldn’t be a huge surprise if his age limits him to a two-year pact at a high average annual value.

A team that signs these players will take a hit to its draft stock and potentially its bonus pool slot for international amateurs. The penalties vary depending on the team’s revenue sharing status and whether they exceeded the luxury tax threshold in 2024. MLBTR’s Mark Polishuk covered the forfeitures for every team last month. A team would not forfeit a pick to re-sign its own qualified free agent, though it would lose the right to collect any kind of compensation.

If these players walk, their former teams will receive an extra draft pick. The Brewers, Orioles and Diamondbacks are in line for the highest compensation as revenue sharing recipients. If their players sign elsewhere for at least $50MM (a virtual lock in the cases of Burnes, Santander and Adames), the compensation pick would fall after the first round of next year’s draft. If the player signs for less than $50MM — which could be the case if Walker is limited to two years — the compensation pick would land before the start of the third round (roughly 70th overall).

The Red Sox neither received revenue sharing nor paid the competitive balance tax. They’ll get a pick before the third round if Pivetta walks regardless of the value of his contract. The Mets, Yankees, Dodgers, Braves and Astros all paid the tax in 2024. They’ll get a pick after the fourth round if any of their players depart — potentially three picks, in the Mets’ case. The prospects selected by that point — usually around 130th overall — tend not to be highly touted, but each extra selection could carry a slot value north of $500K to devote to next year’s draft bonus pool.

Phillies Plan To Meet With Juan Soto

By | at

Juan Soto’s tour through free agency has thus far taken him to meetings with the Yankees, Mets, Red Sox, and Blue Jays, with another meeting set for later today between Soto’s camp and Dodgers brass.  Another big-market team can be added to the mix, as the New York Post’s Jon Heyman (via X) writes that the Phillies also intend to sit down with the free agent slugger, though a meeting isn’t yet known to be officially scheduled.

It comes as no shock that the Phils will at least check in on the market for another big name, as ownership and president of baseball operations Dave Dombrowski haven’t been shy about courting and signing superstar free agents.  Bryce Harper and Trea Turner are two of those stars, and it is fair to assume that Harper and Turner have exchanged a few texts and calls with their former Nationals teammate Soto about a reunion in Philadelphia.

Earlier this month, Phillies chairman John Middleton acknowledged that his team would be involved in the Soto sweepstakes to some degree, though Middleton was rather candid in his evaluation of Soto’s market.  Middleton felt “Soto wants to be in New York, and I don’t mind being a stalking horse.  At some point, if Dave 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.”

This hints that the Phillies aren’t planning quite as pitched a pursuit as other suitors in the race, though it costs the Phils nothing to meet with Soto and agent Scott Boras to access the situation.  Just in case other teams don’t meet Soto’s asking price or some other obstacle arises, Philadelphia could position itself as a fallback option that still checks a lot of boxes on Soto’s presumed wish list, as the Phillies are a consistent contender who should remain in the playoff hunt for some time to come.

Signing Soto to a record contract would further elevate the Phillies’ already-large payroll.  As per RosterResource, Philadelphia has an approximate $269MM payroll and a $288MM tax number for 2025 even before any significant offseason moves have been made, so adding Soto would send the Phillies far beyond the highest tax penalty tier of $301MM.  Since the Phillies have made luxury-tax payments in each of the last three seasons, they already face an increased price tag for any further overages, so signing Soto would essentially come at twice the cost of his actual salary.

Middleton might not necessarily mind at least a one-year splurge, since Kyle Schwarber and J.T. Realmuto are free agents next winter, and thus represent some significant money coming off the Phillies’ books.  Ideally, the Phils would probably love to free up money this winter by moving at least one of Nick Castellanos or Taijuan Walker, though that is much easier said that done since both players have negligible trade value.

If Soto was signed and Castellanos stayed put, the two would handle the corner outfield positions in some fashion while Brandon Marsh and Johan Rojas became a center field platoon.  This wouldn’t be an ideal arrangement from a glovework perspective, yet the Phillies probably wouldn’t mind a defensive step backwards if it meant putting Soto’s power bat into the lineup.

Dodgers To Meet With Juan Soto, Scott Boras On Tuesday

By | at

The Dodgers are poised to become the latest club to meet with superstar free agent Juan Soto, per a report from MLB.com’s Mark Feinsand earlier this evening. The meeting between the sides is scheduled for tomorrow. The Dodgers will join the Yankees, Mets, Red Sox, and Blue Jays in having met with Soto already, although Feinsand also reports that an undisclosed team in addition to that group has already met with Soto as well. The Giants, Phillies, and Rays are among the teams known to have interest in Soto that have not yet had a publicly reported meeting with the star outfielder.

That Soto and the Dodgers have a meeting set up is an interesting development given the somewhat mixed reports regarding the club’s plans regarding the superstar. Previous reports have indicated while L.A. intends to be somewhat involved in Soto’s free agency, those reports have also cautioned the club may not be as aggressive as other suitors. That relatively cautious approach to Soto on the Dodgers’ part could be at least partially due to questions regarding whether or not Soto, who hails from the Dominican Republic and Fort Lauderdale in Florida, prefers to play on the east coast. Notably, Jon Heyman of the New York Post reports this evening that sources close to Soto have “downplayed” that rumored geographic presence, suggesting that Soto previously enjoyed living on the west coast while he played for the Padres.

It’s impossible to know where Soto’s geographic preferences lie, but Soto has emphasized in comments to reporters that winning is a priority for him, to the point of reportedly asking the Red Sox during his meeting with club officials about the organization’s commitment to winning. If winning is a priority for Soto, it’s hard to argue against the Dodgers. The reigning World Series champions have made the postseason in twelve consecutive seasons, and since 2017 have averaged more than 102 wins per year (excluding the 60-game 2020 season where they went 43-17 and won the World Series) while collecting two additional NL pennants in addition to their World Series championships. Last winter, the club added likely Shohei Ohtani, Yoshinobu Yamamoto, and Tyler Glasnow to an impressive core of talent that already included Mookie Betts and Freddie Freeman. Los Angeles figures to remain a juggernaut in the NL for years to come, and the addition of Soto to their already vaunted lineup would only reinforce that.

Given his elite talent, any club would be able to find a place for Soto in their lineup. With that being said, it’s particularly easy to see how Soto would fit into the Dodgers’ plans. With Mookie Betts expected to move back into the infield for the 2025 season, the club could look to make multiple additions to an outfield mix that presently includes only utility man Tommy Edman and youngster Andy Pages as potential everyday options. Even if the club wanted to reunite with free agent slugger Teoscar Hernandez as has been previously rumored, it’s easy to imagine the pair manning the corner outfield spots for the Dodgers with Edman as the primary center fielder while Pages backs up the starting trio and fills in for Edman on days he moves to the infield.

Financially, as mind-boggling as it may be to imagine the Dodgers inking Soto to a contract worth more than half a billion dollars just one year after committing more than a billion to Ohtani and Yamamoto amid last winter’s spending spree, the deferred structure of Ohtani’s contract could make such an expenditure more reasonable. The club’s payroll for 2025 is currently projected at $276MM, according to RosterResource. That clocks in $50MM below the club’s 2024 payroll, opening a clear pathway to adding Soto even at a record-setting average annual value. That wouldn’t leave much room for much-needed rotation upgrades or further offensive additions such as a reunion with Hernandez, but ESPN’s Alden Gonzalez notes that the value of Ohtani’s first season in L.A. “blew away” the club’s financial projections. Given that reality, it’s certainly not impossible to imagine the club having even more payroll space at their disposal than returning to the level that left them with the second-highest payroll in baseball last year.

Regardless of what club Soto ultimately ends up with, Feinsand goes on to report a belief around the league that a decision could be made in the near future. Specifically, Feinsand suggests that while Soto isn’t expected to sign prior to Thanksgiving, the “feeling around the league” is that the 26-year-old could land somewhere prior to the Winter Meetings with one executive suggesting to him that it would be a surprise if he hasn’t signed before the end of the Meetings on December 12. With the Winter Meetings just a month away and no team reported to have so much as made a formal offer to Soto yet, it’s possible that the winter’s top free agent could see his market begin to move quickly after the coming holiday.

Quick Hits: Int’l Market, Mets, Soto, Mateo, Rays, Yankees

By | at

Roki Sasaki’s impending move to Major League Baseball will have a big impact on the offseason pitching market, but plenty of shockwaves will be felt throughout the international signing market.  Baseball America’s Ben Badler recently outlined how several other prospects will be affected if Sasaki’s 45-day posting window stretches beyond January 15 and the start of the next international signing period.  If Sasaki doesn’t sign until after January 15, teams will have to use funds from their 2025 signing pools to sign him, rather than their 2024 pools.  The 2024 signing period closes on December 15, further narrowing the window of time for Sasaki and an MLB team to finalize a contract.

Since it seems likely Sasaki will indeed still be unsigned by January 15, Badler observes that multiple teams could end up putting their plans for the next signing period entirely on hold until the right-hander makes his decision.  This means that the many prospects already committed to these teams on unofficial deals will be in limbo, and the club that finally lands Sasaki is likely to walk away from those pre-existing handshake deals if it means landing the Japanese star.  It would leave that team’s set of international prospects suddenly looking to land elsewhere, and potentially other clubs’ prospects might also walk away from their agreements if nothing is finalized on January 15.  As Badler notes, teams that aren’t in the running for Sasaki could benefit in swooping in to sign some extra prospects in the aftermath.

The entire situation adds a lot of extra drama to what is normally a fairly routine day on the calendar, as clubs have had these deals with these young January 15th prospects worked out years in advance, sometimes when the players are barely teenagers.  Needless to say, it creates a lot of disruption for the players, their families, and their trainers who helped arrange the signings, as what looked like safe pre-arranged windfalls might now be in question.  As much as Sasaki may have a higher clear upside than an entire bonus pool’s worth of international prospects, abandoning a January 15th class could create some hard feelings for a team in their future int’l dealings.

More from around the baseball world…

  • The meeting between Juan Soto and the Mets took place this past Saturday, with the New York Post’s Jon Heyman reporting that Mets owner Steve Cohen, president of baseball operations David Stearns, and manager Carlos Mendoza all in attendance to provide a “very detailed” presentation to the star slugger.  Soto is set to next meet with the Yankees on Monday, and he has previously met with the Blue Jays and Red Sox in these early stages of his free agent adventure.  It isn’t expected that Soto will be signing any time soon, as these initial meetings could be more about laying groundwork than putting any actual offers on the table.
  • Orioles GM Mike Elias told reporters (including MASNsports.com’s Roch Kubatko) that Jorge Mateo is expected “to have a very full, if not a 162, something close to that season” in the aftermath of a UCL brace procedure last August.  Kubatko’s impression was that the Orioles have Mateo in their plans for 2025, which lowers the possibility that the infielder could be cut loose in advance of the November 22 non-tender deadline.  Mateo is projected for a $3.2MM arbitration salary, and fits as a non-tender candidate considering between his injury, subpar offense, and the crowded Baltimore infield picture.  The O’s could be an interesting team to watch this week in advance of both the non-tender deadline and Tuesday’s deadline to set 40-man rosters in advance of the Rule 5 Draft, as Baltimore could potentially move an infielder or two off the roster in trades.
  • With the Rays set to use George M. Steinbrenner Field as their home for the 2025 season, Marc Topkin of the Tampa Bay Times looks at several details involved in the plan.  A lot has naturally yet to be determined, though Topkin answers some questions ranging from team-centric issues like clubhouses and training amenities to fan-related details like how tickets and parking will be managed.  One interesting wrinkle is the fact that the Rays are expected to host playoff games as per usual should the team make the postseason, which creates the awkward potential scenario of the Rays hosting the Yankees in the Yankees’ own Spring Training facility.

Juan Soto Rumors: Red Sox, Yankees, Jays, Dodgers

By | at

Juan Soto’s free agency will be the primary narrative this offseason until he chooses his next landing spot, though there’s no indication that things are close. The 26-year-old superstar began meeting with teams this week but is still in the early stages of the process. For instance, Sean McAdam of MassLive.com reports that while the Red Sox feel their three-hour meeting with Soto and agent Scott Boras was “productive,” it was more introductory and informative than anything else. The two sides did not discuss years and dollars; the Sox pitched Soto on their plans for the future, their upcoming wave of high-end prospects and other aspects of the organization, while Soto sought to learn about their player evaluation methods, Fenway Park’s facilities, etc. It’s common for early meetings of this nature for top-end free agents to be introductory in nature, so this isn’t necessarily unique to Soto.

The Red Sox haven’t been involved in the deep waters of free agency in recent offseasons. Trevor Story is the lone nine-figure expenditure for the Sox in the past five years. Since signing David Price in 2015, the Red Sox have only gone beyond two years on a free agent four times (Story, J.D. Martinez, Masataka Yoshida and Nathan Eovaldi). Given that, it’s not surprising to see one of the elements Soto hoped to gauge (per McAdam) was the team’s “commitment to winning.”

That said, Rob Bradford of WEEI.com tweets that the Red Sox are approaching their pursuit of Soto with a level of “intent” that we’ve not seen from Boston “in some time.” Intent alone won’t win the bidding, of course, but the Sox have not been characterized as major players for top-end free agents in recent years. All indications this offseason seem to signal a shift in direction.

The incumbent Yankees and crosstown Mets are still perceived by many as the favorites to win the Soto bidding, once formal offers begin rolling in. To this point, it doesn’t seem the process has reached that point. Jon Heyman of the New York Post reports that the Yankees are comfortable going to 13 years and topping Aaron Judge’s $40MM annual salary in order to keep Soto, placing their baseline comfort level somewhere in the $520MM range overall. Most expectations are that Soto will exceed that mark by a fair margin, but it’s a notable starting point all the same.

Meanwhile, Ben Nicholson-Smith of Sportsnet takes a look at at the Blue Jays’ interest in Soto, noting that as was the case with Shohei Ohtani last offseason, ownership views him as an exception to any other offseason budgetary plans. Toronto’s pursuit of Soto is not an indication that if the Jays miss out on the star slugger, they’ll pivot and spend $500-700MM elsewhere in free agency. Within his previously referenced column, Heyman doubles down on prior reporting that the Blue Jays plan to be aggressive in their pursuit of Soto.

That’s not necessarily the case with all of his expected suitors. ESPN’s Jeff Passan wrote this week that the Dodgers “won’t chase after Soto,” having already committed to nine more years of Ohtani and thus potentially restricting them in the event that Soto eventually needs to spend more time at designated hitter. They’ll be opportunistic and perhaps jump into the fray if the market doesn’t develop as Soto hopes, though that seems unlikely, given the robust demand for his services and a potential Bronx-versus-Queens bidding war.

Up until last winter, with Ohtani and Yoshinobu Yamamoto, that was generally how Los Angeles had approached the market under president of baseball operations Andrew Friedman. Though they regularly fielded one of the game’s largest payrolls and most star-studded rosters, most of the Dodgers’ star power over the years was acquired on the trade market (e.g. Mookie Betts, Tyler Glasnow) or developed in-house (e.g. Will Smith, Clayton Kershaw, Corey Seager prior to his free agent departure). Freddie Freeman was the lone big-ticket free agent acquisition, and he came on board with a deferral-laden deal after an extended stay on the open market. That scenario almost certainly won’t happen with Soto.

As it stands, there’s still no expected timetable for when Soto might reach a decision or when offers might be presented in earnest. The fact that the Red Sox didn’t even delve into numbers speaks to the current preliminary stage of the bidding process. It’s always possible Soto could decide he wants to accelerate the process and have a team by the end of the month, but a decision at some point in December feels likelier.

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

By | at

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.

Hal Steinbrenner To Meet With Boras/Soto

By | at

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.“

Show all

MLB Trade Rumors is not affiliated with Major League Baseball, MLB or MLB.com

hide arrows scroll to top