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Home News Juan Soto

Mets’ Cohen meets Juan Soto with a ‘big production’ and ‘very detailed’ presentation

Esteban Quiñones by Esteban Quiñones
December 29, 2024 at 9:32 am EST
in Juan Soto, News
Reading Time: 6 mins read
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Juan Soto hit a career-high 41 home runs with the New York Yankees last season.

John Kuntz / cleveland.com

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Mets owner Steve Cohen and a delegation of “high-ranking Mets officials” recently met with free-agent outfielder Juan Soto in Orange County, California, signaling the team’s serious interest in the 26-year-old superstar.  

The meeting, reportedly held near Newport Beach, included Baseball President David Stearns and Manager Carlos Mendoza alongside Cohen. While specific financial details of the discussions remain undisclosed, the Mets are believed to be optimistic about their chances to land the generational talent. Both Juan Soto and his agent Scott Boras were present. 

According to Jon Heyman of the New York Post, the meeting was highly productive, positioning the Mets as a strong contender in the race to sign Juan Soto. Sources revealed that the talks went “extremely well.” The Mets made a power push with a “big production” and “very detailed” presentation to Juan Soto.

Following an exceptional 2024 season in which he helped the Yankees reach the World Series, Juan Soto remains one of the most coveted players on the market. Insiders praised the Mets’ presentation for its depth and strategic appeal, underscoring the organization’s commitment to securing its services.  

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Juan Soto’s market value is expected to set a new benchmark in Major League Baseball. Industry analysts predict his contract could rival or exceed Shohei Ohtani’s record-breaking deal with the Dodgers, which featured a $700 million headline value but included significant deferrals. Projections suggest Juan Soto’s deal could reach $600 million or more, with some estimates climbing to $700 million if structured without deferrals.  

Meanwhile, the Yankees, who enjoyed the slugger’s standout 2024 campaign—featuring 41 home runs, a .989 OPS, and a dynamic pairing with Aaron Judge—are set to make their pitch on Monday. The team’s delegation will include owner Hal Steinbrenner, General Manager Brian Cashman, and Manager Aaron Boone. This high-profile recruitment effort follows Steinbrenner’s success in retaining Judge with a nine-year, $360 million deal last offseason.  

Juan Soto’s free agency is also drawing interest from other suitors, including the Toronto Blue Jays and Boston Red Sox, both of whom have reportedly met with the star in recent weeks. As the competition intensifies, the Soto sweepstakes promise to dominate baseball’s offseason narrative.

The Yankees’ baseball operations team is reportedly united in its support for re-signing Juan Soto, with the organization’s financial clout as MLB’s revenue leader bolstering its case. Soto’s impactful season in New York, highlighted by his 41 home runs and a .989 OPS, further solidifies their position as a serious contender.  

The timing of the MLB owners’ meetings in New York on Tuesday places the Yankees among the final teams scheduled to meet with Juan Soto, though the strategic implications of this sequence remain uncertain.

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Meanwhile, the Mets have emerged as formidable competition in the Juan Soto sweepstakes, with owner Steve Cohen’s vast resources and long-term vision for success positioning them as a leading candidate. The Mets’ recent achievements, including an NLCS appearance, coupled with their status as MLB’s highest-spending team over the last two seasons, add to their appeal.  

Cohen’s aggressive approach to team-building is viewed as a key asset. The Mets have demonstrated a willingness to operate at a financial loss in pursuit of sustained competitiveness, and the expiration of approximately $150 million in contracts has enhanced their financial flexibility heading into the offseason.  

While the Mets face critical decisions on their own free agents, including slugger Pete Alonso and several starting pitchers, sources indicate that Juan Soto remains their top priority.  

Industry observers emphasize that while Soto values joining a winning organization, the financial terms of any deal are expected to be decisive, as is typical in free agency.  

After the conclusion of the postseason, Juan Soto expressed openness to all MLB teams, setting the stage for intense competition. As negotiations continue, the Mets are reportedly among the strongest contenders to secure the 26-year-old star.

Yankees can’t let Juan Soto saga turn Robinson Cano-like debacle

New York Yankees’ Juan Soto celebrates after hitting a two-run home run against the Cleveland Guardians during the first inning in Game 4 of the baseball AL Championship Series Friday, Oct. 18, 2024, in Cleveland.
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The Yankees are set to meet with free agent Juan Soto, following recent discussions between the star outfielder and the Boston Red Sox earlier this week. The high-stakes negotiations come as industry projections place Juan Soto’s next contract in the range of 12 to 13 years, potentially exceeding $600 million.

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The Mets, meanwhile, are said to have delivered an impressive and meticulously prepared presentation during their meeting with Juan Soto. Sources describe the session as evidence of the organization’s serious commitment to landing the 26-year-old superstar.

In addition to the Mets, Red Sox, and Blue Jays, at least six other teams have publicly expressed interest in Juan Soto, with sources indicating four additional unidentified clubs are actively involved in the sweepstakes.

Juan Soto enters free agency after a stellar debut season with the Yankees, where he posted a .288 batting average, a .419 on-base percentage, and a .569 slugging percentage. He also tallied 41 home runs and 109 RBIs while helping lead the Yankees to their first World Series appearance since 2009. The Yankees remain intent on retaining the outfielder, but the competition is shaping up to be fierce.

Juan Soto looks on during the Yankees’ Game 5 loss to the Dodgers on Oct. 30, 2024.
Charles Wenzelberg / NYP

Reports indicate that Steve Cohen’s aggressive pursuit of Juan Soto has prompted the Yankees to prepare contingency plans should their top target opt for their crosstown rivals. The Mets’ intentions were underscored by Carlos Beltran, a special assistant to Mets president David Stearns, who told a Puerto Rican outlet that the organization is fully committed to acquiring the superstar outfielder.

Industry experts suggest Cohen’s financial resources could play a decisive role if Juan Soto’s decision ultimately hinges on the largest offer. This possibility has reportedly spurred the Yankees’ leadership to explore alternative strategies, leveraging their experience navigating high-stakes free-agency situations.

One potential parallel being drawn is the Yankees’ handling of Robinson Cano’s free agency in 2013. Like Juan Soto, Cano was a left-handed hitter approaching the market without any indication of accepting a discount. The Yankees’ response then involved balancing their aggressive pursuit with considerations of long-term financial flexibility and luxury tax thresholds—a playbook they may revisit in this case.

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As the Juan Soto sweepstakes continue to evolve, the Yankees are relying on their extensive experience in high-profile negotiations to remain competitive while preparing for all possible outcomes.

What do you think? Leave your comment below.

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Esteban Quiñones

Esteban Quiñones

Esteban Quinones is a proud graduate of the S.I. Newhouse School of Public Communications at Syracuse University. Growing up just blocks away from Yankee Stadium in Upper Manhattan, Esteban developed a deep love for the New York Yankees, a passion that has been a constant throughout his life. Whether it's cheering for the Yankees or crafting strategic communications, Esteban brings dedication and enthusiasm to producing content around all things Yankees.

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