New York Yankees Set to Break Records for Juan Soto? $540 Million Projections Paint a Stark Picture

In a parallel universe, Juan Soto may accept a long-term association with the New York Yankees before hitting free agency in 2025. The Dominican ace entered the free-agency market earlier in the 2023 offseason. Almost instantly, the Bombers signed him for one year to bolster their World Series-winning chances. Now, as he debuted as a Yankee during spring training, speculations regarding his potential contract extension for a bombastic amount have started swirling around.

The 25-year-old is scheduled to hit the free agency market again in 2025 after spending his contract expiration with the Yankees. However, given his performance so far with the team, it can be certainly assumed that his association will add several layers of benefits to the team. Considering the fact, will the team embrace him for the rest of his career? If yes, how much monetary flexibility can be expected from them?

Are the Yankees up for a Soto extension?

According to recent projections, the New York Yankees may need to spend a huge chunk of $540 million to keep Soto associated with them for 14 years. The impact of keeping Juan Soto on the field as a Yankee has already become evident with his spring debut. Over four games, he hit .667/.727/1.889, besides claiming three homers and seven RBIs with an 18.2% walk rate. Now, given his thundering performance so far, Yankees fans can expect him to be on the same page regarding a contract extension with the team’s GM, Brian Cashman. However, the team has skillfully protected any revelation on the matter till now.

On the other hand, the superstar slugger had something to say when asked about the possibility of their contract extension. According to the recent report presented by The Athletic, Soto bestowed the matter of his contract extension on his agent Scott Boras, while brushing off the rumors. He stated, “I just believe in Scott (Boras, his agent). He’s been with me since I was a little kid and been helping me out with everything“. He further emphasized his solo focus on the game, turning down rumors about his impending free agency or contract extension.

Read More: Dominican Flavor of New York Gives Yankees Leg Up on Signing Juan Soto as a Free Agent

Who will be the lucky team to get his nod, if not the Yankees?

The now-25-year-old sliver slugger will hit the free agency market once again at the age of 26. Needless to say, dwelling in his most productive years, he will severely benefit the team that will sign him in the next season.

As the projections find solid ground for the Yankees to make the move, with their insatiable urge to win the World Series, the projected mammoth demand may hinder the team. Thus, for obvious reasons, other teams come into the picture, and the chances of the Mets are reportedly heightened in this aspect, given their deep pocket. However, the final result can only be revealed by time.

Read More: New York Mets’ Juan Soto Interest Emerges, Yankees Face Danger Amidst Impending Free Agency