Juan Soto and the New York Yankees have reached a historic one-year, $31 million deal, surpassing the earlier MLB arbitration report set by Shohei Ohtani.
Acquired from the San Diego Padres in an offseason commerce, Soto’s record-breaking contract foreshadows the monetary problem the Yankees face as they ponder securing the star outfielder long-term earlier than he hits free company on the finish of the 2024 season.
Soto tops checklist of MLB arbitration salaries
The arbitration deadline on Thursday marked a pivotal second in Main League Baseball, as groups and eligible gamers exchanged wage figures for the upcoming 2024 season.
For gamers with three to 6 years of MLB service time, arbitration turns into a key consider figuring out salaries, resulting in negotiations and potential third-party arbitration if agreements can’t be reached.
Juan Soto, designated as a Tremendous Two with the power to undergo arbitration 4 occasions, is ready to eclipse Ohtani’s $30 million wage from the earlier season.
This locations Soto on the high of the checklist for the most important arbitration salaries in MLB historical past.
The biggest arbitration salaries stand at:
- Juan Soto, 2024 Yankees: $31 million
- Shohei Ohtani, 2023 Angels: $30 million
- Mookie Betts, 2020 Dodgers: $27 million
- Nolan Arenado, 2019 Rockies: $26 million
The Yankees, desperate to bolster their lineup, acquired Soto together with Trent Grisham from the Padres, solidifying their standing as contenders for the 2024 season.
Soto specializing in 2024 manufacturing
Through the press convention the place Soto was launched as a Yankee, he expressed his pleasure for the upcoming season and emphasised his give attention to successful.
“My precedence proper now’s to get to know the staff, get to know the fellows…and attempt to get the identical objective as they need,” stated Soto.
Relating to his future past 2024, Soto remained diplomatic, prioritizing staff targets and leaving contract negotiations to his trusted agent.
“My contract stuff, they know the place to name and who to speak to. I am right here simply to play baseball. It is not going to be that tough as a result of I’ve top-of-the-line brokers within the league.”
Solely time will inform if the Yankees can safe Soto’s long-term dedication within the face of potential free-agent bidding wars.