The Yankees already have the largest contract on the roster for a position player in terms of average annual value. That would be Aaron Judge’s mark of $40 million per year. When the 2024 season is all said and done, that contract
Judge signed that monster deal at the age of 30. Soto is currently in his age-25 season. The contract he receives is going to be historic.
According to Brittney Ghiroli of The Athletic, the discussions won’t even begin until the number starts with $500 million.That already would be the largest contract for a position player in MLB history, considering Shohei Ohtani’s designation as a two-way player. Mike Trout’s total value of $426.5 million currently leads all pure position players.Ultimately, it seems Boras and Soto are after records. The number, many in the industry expect, will start at $500 million.
The fact that Soto’s contract talks are likely to begin at the $500 million means the Yankees are likely going to be in for a potentially difficult offseason. Even at a number that astronomically high, the Yankees will have competition.
The organization is notorious for pushing off contract extension negotiations during the season so it’s likely there will be a lot of waiting until those talks begin.