The Yankees have officially agreed to sign their new star to the richest MLB contract ever, a 15-year, $701 million contract.

The acquisition of Juan Soto, a four-time Silver Slugger and three-time All Star in the prime of his career, by the New York Yankees was the most significant deal of the offseason. With Soto, Aaron Judge may not be the finest left-handed hitter in the majors.

In order to avoid arbitration in 2024, Soto and the Yankees reached an unprecedented one-year, $31 million deal. Now, unless they reach an extension, Soto will become a free agent at the end of the season.

Eli Ben-Porat of Baseball America made a “bold prediction” for 2024, stating that the Yankees will sign their new star to a 15-year, $701 million contract, making it the largest MLB contract ever.

“Letting a 25-year-old future hall of famer walk away in free agency would be a rather shocking outcome,” Ben-Porat said. Is it really that brave to forecast that Juan Soto will sign the largest contract in history? Maybe not, if you believe the Yankees will stop at nothing to keep him.

Juan Soto Could Be Signed by the New York Yankees for $701 million.
The Yankees acquired two-way sensation Shohei Ohtani shortly after Soto was dealt, and Ohtani agreed to a 10-year, $700 million contract.

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