The price tag for Juan Soto continues to rise (report)
The San Diego Padres are reportedly prepared to offer Juan Soto a contract extension worth more than $500 million, according to a report from The Athletic.
Soto, who is entering his final year of arbitration eligibility, is widely considered to be one of the best players in baseball. He is a two-time Silver Slugger and has finished in the top 10 in MVP voting in each of the past three seasons.
The Padres acquired Soto from the Washington Nationals at the trade deadline in August, and they are clearly eager to sign him to a long-term deal. The reported offer of more than $500 million would be the largest contract in MLB history.
However, it is unclear if Soto will be willing to accept that offer. He is reportedly seeking a contract worth more than $600 million, and he may be willing to test the free agent market after the 2024 season.
The Padres are not the only team interested in signing Soto. The Los Angeles Dodgers, New York Yankees, and Chicago Cubs have all been linked to the outfielder.
If Soto does not sign an extension with the Padres, he will become a free agent after the 2024 season. He is expected to be one of the most sought-after free agents in history, and he could command a contract worth more than $700 million.
The Padres are clearly hoping to avoid that scenario, but it is unclear if they will be able to meet Soto’s contract demands. The outfielder is one of the most talented players in baseball, and he is only going to get better. The Padres will need to make a significant financial commitment to keep him in San Diego.
The price tag for Juan Soto continues to rise (report)
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MLB a new article on 2024-12-07 15:07 titled “The price tag for Juan Soto continues to rise (report)”. Please write a detailed article on this news item, including any relevant information. Answers should be in English.
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