The race to secure  has reportedly reached unprecedented financial heights. Initially, offers exceeded $600 million, but as the competition intensified among five teams—the New York Yankees, New York Mets, Toronto Blue Jays, Boston Red Sox, and Los Angeles Dodgers—experts began predicting Soto could command a deal exceeding $700 million. According to Jon Heyman of the New York Post, the Yankees and Mets have upped the stakes with bids between $710 million and $730 million, marking a historic moment in MLB contract negotiations.

Heyman highlighted the fierce competition between New York’s teams, noting that both organizations have recently increased their offers to exceed Shohei Ohtani’s record-setting $700 million deal. While the Mets reportedly have the higher bid as of Saturday night, the Yankees remain close enough to still be in serious contention. The two rivals are heavily involved in the Soto sweepstakes, with both prepared to make the 26-year-old superstar the centerpiece of their roster.

Soto, a once-in-a-generation talent entering free agency at the peak of his career, has sparked immense interest from these big-market teams. However, if the reports are accurate, the Dodgers may soon exit the race, unable to compete with offers approaching $730 million. The final decision could come down to Soto’s priorities. While the Mets may offer more money, the Yankees present a stronger team dynamic and have previously found success with Soto.

With the conclusion of these negotiations potentially just days away, fans and analysts alike are eagerly awaiting Soto’s decision. Whether he chooses the Mets’ financial edge or the Yankees’ established success, his next move is set to reshape the MLB landscape.