
NEW YORK — Juan Soto appears on a timetable to decide on where to sign either before or during baseball’s winter meetings in Dallas, which start Sunday and run until Dec. 12.
Soto met with the Yankees, Mets, Dodgers, Red Sox and Blue Jays.
Soto’s agent, Scott Boras, asked teams to submit initial offers by Thanksgiving and says Soto has started to eliminate clubs from consideration.
“He’s just got a lot of information to meld through,” Boras said Tuesday after the Dodgers’ news conference to introduce Blake Snell, another of his clients. “Juan is a very methodical thinker.”
Soto is the top player available among this year’s free agents. A four-time All-Star, Soto finished third in AL MVP voting after hitting .288 with 41 homers, 109 RBIs and 129 walks. He has a .285 career average with 201 homers, 592 RBIs and 769 walks over seven major league seasons.
Soto turned down a $440 million, 15-year offer from the Nationals in 2022, prompting the Nats to trade him to the Pades, who then dealt him to the Yankees last December. Soto then combined with Aaron Judge to lead the Yankees to the World Series, where the Yankees lost to the Dodgers.
In his pitch to teams, Boras highlighted that Soto joined Mickey Mantle as the only players with seven RBIs in a World Series at age 21 or younger when he was with the Nationals, and at 20 became the youngest player with five postseason homers. Soto’s .906 postseason OPS through age 25 topped Mantle (.900) and Derek Jeter (.852).
Soto is likely to seek a record contract, topping Shohei Ohtani’s $700 million, 10-year agreement with the Dodgers last December. That might not mean Soto gets more than $700 million, though. Because Ohtani’s deal included $680 million in deferred money payable through 2043, it can be valued by different methods.
For instance, Ohtani’s contract is valued at $46.1 million per season ($461 million total) under MLB’s luxury tax system, which used a 4.43% discount rate. The players’ association uses a 5% rate, which puts Ohtani’s contract at $43.8 million per year. For MLB’s regular payroll calculations, a 10% discount rates values Ohtani’s deal at just $28.2 million.
Which means if Soto gets even $462 million without deferred payments, there’s an argument that his deal is the most valuable in MLB history.
By average annual value, pitchers Max Scherzer and Justin Verlander are tied for second in baseball history at $43.33 million as part of contracts they signed with the Mets, deals that expired at the end of the 2024 season.
In terms of total value, Ohtani surpassed outfielder Mike Trout’s $426.5 million, 12-year contract with the Angels through 2030.
If Soto reaches or announces an agreement at the winter meetings in Dallas’ Hilton Anatole, it would be a familiar location for a big Boras deal.
Alex Rodriguez’s record $252 million, 10-year contract with the Rangers was announced in December 2000 at what then was called the Wyndham Anatole Hotel.


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