The New York Yankees have upped their bid for star free-agent outfielder Juan Soto, signaling their serious intent to secure his services. According to Jon Heyman, the team’s revised offer includes multiple opt-outs, a key contract feature Soto reportedly values. Other teams in the race, as noted by Jon Morosi, include the Blue Jays, Red Sox, Mets, and Dodgers. With this second round of bidding underway, competition for the generational talent is heating up.
Reports suggest offers for Soto could surpass $600 million, though exact figures remain undisclosed. The Yankees are pushing hard to lock in the left-handed slugger, and their increased offer highlights their determination. While some anticipated the bidding war would peak closer to the Winter Meetings, it appears to be advancing rapidly.
The Mets, led by owner Steve Cohen, are viewed as the Yankees’ primary competition. Industry experts believe Cohen’s financial clout makes him a formidable contender, as he reportedly prioritizes signing Soto. However, it remains uncertain whether the Yankees will match the Mets’ potential offers. Meanwhile, the Blue Jays, Red Sox, and Dodgers are also in the mix, presenting additional challenges for the Yankees.
Speculation continues about whether Soto’s agent, Scott Boras, is using these negotiations to drive up the price. Some believe a decision could come before or during the Winter Meetings, while others anticipate a resolution by Christmas. Soto’s signing will likely set the market for other top free agents waiting in the wings.
Beyond Soto, the Yankees have explored pitching upgrades. Heyman noted they’ve checked in on Corbin Burnes and Max Fried, though no formal offers have been made. They also showed interest in Blake Snell before he signed with the Dodgers. After the Soto saga concludes, pitching is expected to become a priority for Yankees management, potentially involving trades of veteran arms.
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