The list for Juan Soto just keeps getting longer. Looks like the Philadelphia Phillies might not be done with Soto just yet – even after initial reports surfaced in October that the team wouldn’t pursue the superstar outfielder due to financial constraints. Now, Phillies owner John Middleton has thrown a curveball, saying he’s willing to spend beyond the team’s previous limits for the “right player”.

Speaking candidly, Middleton declared that if the Phillies identify the right fit, they aren’t just ready to open the checkbook—they’re prepared to cross the third level of luxury tax penalties, which is the highest and most punitive level in Major League Baseball. It’s official: the Philadelphia Phillies are ready to open the wallet—wide—for the right player.

John Middleton signaled that the team is prepared to go beyond their financial limits, even if it means crossing the most extreme level of luxury tax penalties in Major League Baseball. “For the right player,” Middleton told reporters, “I have a high degree of confidence that Dave and I would go over the third limit.” But what does that exactly mean?  

There are three tiers of penalties for teams who spend more than the predetermined amount under MLB’s luxury tax structure. Financial penalties, such as a 110% tax on each dollar spent beyond the limit, are associated with the third level. Because of their long-term contracts with players like Trea Turner and Bryce Harper, the Phillies had historically been hesitant to venture into this area. But Middleton’s remarks now point to a change in perspective, even if it means signing Juan Soto, a player who is anticipated to demand a contract of more than $500 million. 

With Juan Soto’s free agency comes a big payday  

So, how far north of $500 million are we talking about? Juan Soto rejected the $440 million offer from the Washington National back in the day, which covers his baseline, but now, he’s worth much more. The slugger could very well sign a contract that could surpass $600 million. Agent Scott Boras, who is renowned for pushing the limits of what is feasible in terms of player contracts, is leading these discussions.

Since Soto has already established himself as one of baseball’s top hitters, hitting the $600 million milestone is now a very real possibility rather than simply a pipe dream. particularly in light of Boras’s history of landing client contracts that are ridiculously rich. From Bryce Harper’s $330 million payment from the Phillies to Alex Rodriguez‘s $252 million contract with the Rangers. 

What makes Juan Soto so valuable isn’t just his bat—it’s his age. At just 26 years old, he’s entering his prime. Teams across the league, including the San Diego Padres, New York Yankees, and Philadelphia Phillies, have shown interest, and each of them is willing to spend big. But no matter which team ultimately lands him, one thing is clear: Soto is going to get paid big time.