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Juan Soto Bidding 'Expected To Hit $700 Million Mark' As Sweepstakes Nears End

^{Published on 2024-12-07 15:45:24 - Newsweek}
 

• More Maddie Meyer/Getty Images "Bidding in the Juan Soto Derby is expected to hit baseball's magic $700 million mark, with the heated competition that still pits five big-market teams and includes the Mets and incumbent Yankees nearing a historic end ...

The article from Newsweek discusses the ongoing free agency of Juan Soto, one of Major League Baseball's premier talents, as the bidding for his services is expected to reach the $700 million mark. Soto, a 25-year-old outfielder known for his exceptional hitting prowess, has drawn interest from several teams, with the New York Yankees, Boston Red Sox, and the San Diego Padres being prominently mentioned. The bidding war has intensified as teams look to secure Soto's services for the long term, given his young age and proven track record, including a World Series win with the Washington Nationals in 2019. The article highlights the financial implications of such a contract, potentially setting a new benchmark for player salaries in baseball, and discusses how teams are strategizing to fit Soto's hefty contract into their payrolls while maintaining competitive rosters.

Read the Full Newsweek Article at:
[ https://www.newsweek.com/sports/mlb/juan-soto-bidding-expected-hit-700-million-mark-sweepstakes-nears-end-1997154 ]

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