Juan Soto

Arnab Bose

New York Yankees Will Hope To Sign Juan Soto For A Record Deal On Thursday

The New York Yankees hope to see Juan Soto get the side to the playoffs with his offensive skills. Recently, an MLB scout mentioned that the Yankees have the second-best rotation at present among all the 15 AL teams. But they really need a star pitcher to play alongside Gerrit Cole as their starter. Then the Yankees might look even more competitive.

The man of the moment this offseason for the NY side has been Juan Soto. Clearly, the Yankee Stadium is the ideal choice for a superstar lefty offensive player like the Dominican slugger. But can the Bronx Bombers keep him for more than a year? This is the question that the fans are constantly wondering about. 

   

Yankees Might Sign A Historic One-Year Deal With Juan Soto 

Brian Cashman Aaron Boone Yankees
Brian Cashman Aaron Boone Yankees Source: MLB.com

The Yankees might make an offer to Juan Soto for a record deal by 1 pm on Thursday. As it is the deadline for the teams to sign players eligible for arbitration before they exchange numbers. According to MLB Trade Rumors, Juan Soto is worth a salary bump from $23 million to $33 million in 2024. Last year, Shohei Ohtani got a $30 million paycheck. It is a record for salary-arbitration players. The Yankees and Juan Soto must come to terms before the deadline. If they don’t do it, then they have until 8 pm. Eventually, they will have to come to terms on a deal. Or, during spring training, they might go on to arbitration. A third-party adjudicator might come in to pick either of the two numbers for a 2024 salary.

It is highly unlikely that Juan Soto might agree to stay more than a year with the Yankees. Only if the Bronx Bombers can agree to sign a desired deal around $500 million. That’s not going to happen as it looks like. The Dominican slugger turned down $440 million offer from the Washington Nationals two years ago. He even won a World Series with them. That’s why a source of NJ Advance Media said Soto must look for something around $500 million. But the Yankees would hope to see their 2024 payroll climb about $80 million if Soto agrees to a one-year deal before the deadline on Thursday. 

How Far Can Judge And Soto Take The Bombers This Year?

Aaron Judge Yankees
Aaron Judge Yankees Source: CNN

Winning a World Series is obviously the ultimate goal for any franchise, let alone the Bronx Bombers. They have won it a record 27 times. But they have not been to the “Big Dance” since 2009. That was the last time they won the World Series. Anyhow, the Yankees Nation would hope to see a better season than the team had last year. They could not even make the postseason. Moreover, the Yankees had the second-worst batting average.

Only the Oakland Athletics were worse than the NY side last season. Clearly, the Pinstripes needed to bolster their offense. Hence, they used the resources they had in their bullpen to make the transfer with the San Diego Padres. Finally, the Dominican superstar is in the house of the Bronx to raise the hopes of the fans. However, it will be a matter of time to answer the question of whether one year is enough for Soto in the Pinstripes uniform to get the team to the “Big Dance.”