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Juan Soto Turned Down The Third-Largest Contract Supply In MLB Historical past… And It Would possibly Be A Actually Sensible Transfer In The Lengthy 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 strong 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 taking part in extraordinarily effectively. In 2021, he made his first All-Star staff, gained 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 provided Soto a 13-year deal value $350 million. The contract would have began instantly and would have paid a mean 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 instructed ESPN’s Enrique Rojas. “However proper now, my brokers and I feel the best choice is to go yr by yr and wait without spending a dime 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 is 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 a fair higher deal. And you understand what? He is perhaps proper.

The deal from the Nationals did not embody 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 subsequent contract to be 15 years and $503 million. He may presumably end out this present deal earlier than signing his subsequent contract, or not less than get some deferred cash, and nonetheless surpass half a billion {dollars}.

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