Juan Soto Turned Down The Third-Largest Contract Offer In MLB History… And It Might Be A Really Smart Move In The Long Run

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Juan Soto was an integral a part of the Washington Nationals’ championship run in 2019. He posted career-highs in dwelling runs (34), RBIs (110), and stolen bases (12) in the course of the common season, then continued that stable play all through the playoffs, culminating with a .333/.438/.741 efficiency within the World Collection, including three dwelling runs and 7 RBIs.

Although the Nationals have not sustained the identical stage of success, Soto remains to be enjoying extraordinarily nicely. In 2021, he made his first All-Star staff, received a Silver Slugger award, and completed second in MVP voting. Understandably, Washington tried to safe the 23-year-old Soto for the long-term—however he turned them down.

Earlier than the MLB lockout, the Nationals supplied Soto a 13-year deal value $350 million. The contract would have began instantly and would have paid a median of about $27 million yearly till 2034. Soto could be 36 by the point it ends.

Kevin Dietsch/Getty Pictures

“Sure, they made me a proposal just a few months in the past, earlier than the lockout,” Soto advised ESPN’s Enrique Rojas. “However proper now, my brokers and I feel the most suitable choice is to go 12 months by 12 months and wait without cost company. My agent, Scott Boras, has management over the state of affairs.”

$350 million is definitely greater than sufficient to be set for all times. It’s the third-highest contract in MLB historical past. Solely Mookie Betts of the Los Angeles Dodgers (12 years, $365 million) and Mike Trout of the Los Angeles Angels (10 years, $360 million) have obtained bigger presents. 

But Soto stated no to the $350 million, believing he can rating an excellent higher deal. And you recognize what? He could be proper.

The deal from the Nationals did not embrace any deferred cash. Soto, who hits free company in 2024, could be buying and selling in the remainder of his present deal for a brand new one. Close to the tip of final season, Spotrac projected Soto’s next contract to be 15 years and $503 million. He might presumably end out this present deal earlier than signing his subsequent contract, or at the least get some deferred cash, and nonetheless surpass half a billion {dollars}.

Soto did say he’d prefer to proceed his profession in Washington, so it is attainable he finally ends up signing a long-term deal in a 12 months or two anyway. For now, he could be the one participant in MLB historical past who can say he turned down $350 million—and felt completely okay about doing so.


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