Thursday, August 20, 2026

With HR No. 100, Juan Soto Justifies Rejecting $350M Extension Offer

  • At 23, he is the youngest player in Nationals history to hit 100 homers.
  • He turned down 13 years, $350 million this winter — and could become MLB’s first $500M player.
Dale Zanine-USA TODAY Sports

GM Mike Rizzo has called an extension for Juan Soto the Nationals’ “No. 1 priority,” and as the right fielder’s accomplishments grow, so does the price tag.

On Tuesday, Juan Soto became the fastest Nationals player to reach 100 career home runs — and the seventh active player to hit the century mark at age 23 and younger, according to Elias Sports Bureau.

Perhaps more importantly, he’s justifying playing the long game with his extension, having turned down a 13-year, $350 million contract extension offer this winter — which would’ve been the third-largest by total value.

In March, Soto signed a one-year, $17.1 million contract to avoid arbitration and has two arbitration years remaining unless an extension is agreed upon.

With a World Series championship (2019), batting title (.351 in ’20), two Silver Sluggers (‘20-21), and three consecutive top-10 finishes in NL MVP voting, Soto could surpass the $426.5 million (over 12 years) Mike Trout was given by the Angels in March 2019 — the largest contract in MLB history.

The question then would be whether he becomes MLB’s first $500 million player.

This field is for validation purposes and should be left unchanged.

Sign up for
The Memo Newsletter

Get the biggest stories and best analysis on the business of sports delivered to your inbox twice every weekday and twice on weekends.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Cubs, Nationals in Trademark Fight with WNBA Over ‘The W’

The baseball teams claim the league’s filing could cause “confusion.”
Bayonne celebrates after defeating Blackwood in the New Jersey Little League State Championships at the Cresskill Little League Baseball field, Aug 3, 2026, Cresskill, NJ, USA.

How a Little League Tournament Turned Into a Legal Battle

Two Tulsa teams were disqualified over eligibility issues this summer.
Philadelphia Phillies second baseman Luis Arraez (4) celebrates after getting on base Aug. 13, 2026 at the Field of Dreams in Dyersville, Iowa.

MLB Sets 2027 Field of Dreams, 2028 All-Star Game Amid Labor Fight

Red Sox, Royals get Field of Dreams as Giants land All-Star Game.
Aug 13, 2026; Dyersville, Iowa, USA; Philadelphia Phillies designated hitter Kyle Schwarber (12) leads off the game with a home run against the Minnesota Twins at the Field of Dreams. Mandatory Credit: Reese Strickland-Imagn Images
Opinion

MLB Field of Dreams Game Proves Baseball Sells Nostalgia Best

Netflix’s Field of Dreams game debut was nothing short of sentimental.
podcast thumbnail mobile
Front Office Sports Today

8/19/26 – Lakers Family Feud, NFL Eyes Overseas Team, Knicks Embarrass Nets

0:00

Featured Today

Trendy Golf Hat Divide Is More Than a Fashion Fight

As golf has gotten trendier, so has the sport’s style.
Joey Spallina of the Maryland Whipsnakes
August 6, 2026

How Eye Black Became ‘War Paint’ on the Field

“You’re going into battle, doing something you only do on game days.”
August 6, 2026

Tom Brady Explains His Aggressive Push Into Trading Cards

Brady talked to FOS about his eponymous card company.
FILE PHOTO: Cricket - Indian Premier League - IPL - Mumbai Indians v Chennai Super Kings - Wankhede Stadium, Mumbai, India - April 23, 2026 Mumbai Indians' Suryakumar Yadav in action
August 5, 2026

India Is Stealing Cricket’s Throne From England and Australia

India’s insatiable appetite for cricket has shifted the traditional locus of power.
WPBL
July 30, 2026

Who’s Playing Women’s Professional Baseball?

Sixty players from 11 countries are descending on Illinois for six weeks.

Ogwumike to Play in Project B Despite WNBA Retirement

She will still play for Project B, the new global basketball league.
August 17, 2026

Teams, Brands Troll Jayden Daniels After LSU Controversy

Daniels sent a cease-and-desist letter after LSU gave away his No. 5.
August 18, 2026

LeBron Quickly Ascending Golf Content-Creator Ranks

The NBA star started playing golf only last year.
Sponsored

Saints Great Turns to Ownership

Marques Colston discusses his Champions Fund launch and finding success after football.
Exclusive
August 17, 2026

Vote Coming to Ease Tennis Stars’ Schedules

The vote will likely take place during the US Open.
August 16, 2026

Scheffler Passes McIlroy, Pulls Behind Woods in Total Earnings

He can break Woods’s record at the BMW Championship in St. Louis.
First at FOS
August 13, 2026

Final Year of Brandon Clarke’s NBA Contract Voided After Death

Clarke died in May in Los Angeles. 
Terrell Owens
August 13, 2026

Terrell Owens on Losing His Fortune: ‘Money Was Just Missing’

Owens says he eventually hired forensic accountants after discovering missing money.