Insider names six teams competing with Yankees for Juan Soto

Yankees' Juan Soto during the 2024 World Series
NYP
Amanda Paula
Wednesday November 6, 2024

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Juan Soto‘s future has become the focal point of MLB discussions this week, with the Yankees taking center stage in the pursuit of the 2024 World Series runner-up. Despite uncertainty surrounding his next destination, the Yankees have openly confirmed their interest, setting the tone for a high-stakes offseason.

Yankees lead the charge as seven teams enter Juan Soto sweepstakes

Yankees' Juan Soto during the 2024 World Series
NYP

The New York Yankees have emerged as frontrunners in the pursuit of outfielder Juan Soto, the 2024 World Series runner-up. Juan Soto’s agent, Scott Boras, likened his client’s market appeal to that of the Mona Lisa, underscoring the high demand for the 25-year-old star.

According to Jon Heyman’s NY POST, the Yankees are poised to make a compelling offer, six other teams have expressed serious interest. Notably, the New York Mets, under owner Steve Cohen’s aggressive spending strategy, are considered a significant competitor. The Los Angeles Dodgers and Toronto Blue Jays are also in contention, with the Yankees viewing the Mets as their primary obstacle.

Yankees' slugger Juan Soto reacts after his home run helped team beat the Guardians on Oct. 18, 2024, in Cleveland.
MLB

The Boston Red Sox are reportedly preparing to re-enter the big-spending market, adding another layer of competition. Despite these challenges, the Yankees are encouraged by Juan Soto’s apparent comfort in the Bronx and are determined to build around his offensive prowess to reclaim their championship status. Sources suggest Juan Soto could command a contract nearing $700 million, intensifying the stakes.

Surprisingly, the Tampa Bay Rays have joined the race, though their financial constraints make them a less likely destination. Several smaller-market teams are also monitoring the situation but may struggle to match offers from high-revenue clubs.

As the offseason unfolds, the Yankees’ pursuit of Juan Soto reflects their commitment to reestablishing dominance in the American League. Securing a multi-year deal with one of baseball’s brightest talents would signify a significant offseason victory for the organization.

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