• Loading stock data...
Saturday, November 23, 2024

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.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Rays $1.3B Ballpark Plans Stalled by Bond Delays, Hurricane Fallout

St. Petersburg officials vote to delay bonds for a new ballpark.

Roki Sasaki Pursuit Could Lead to Chaos in 2025 International Class

Big league clubs may redirect bonus pool money to chase the Japanese phenom.
Oct 16, 2024; New York City, New York, USA; MLB Commissioner Rob Manfred before game three of the NLCS for the 2024 MLB playoffs at Citi Field.

Manfred Urges Patience on Rays Ballpark, Eyes MLB Media Shift

The commissioner also sees a new era emerging in the sport’s local media landscape.
Tampa Bay Rays

Rays Tampa Future in Doubt as County Commission Delays Bond Vote

The planned $1.3 billion ballpark now falls into further question.
podcast thumbnail mobile
Front Office Sports Today

How Conference Expansion Has Changed College Football

0:00

Featured Today

Nov 16, 2024; Washington, District of Columbia, USA; Washington Spirit forward Trinity Rodman (2) celebrates after defeating NJ/NY Gotham FC in a 2024 NWSL Playoffs semifinal match at Audi Field. Mandatory Credit:

The Washington Spirit’s Business Makeover Carried Them to the Finals

The team’s return to the NWSL championship looks a lot different from 2021.
Nov 18, 2023; Las Vegas, Nevada, USA; Williams Racing driver Logan Sargeant of the United States (2) during the Las Vegas Grand Prix at Las Vegas Strip Circuit.
November 21, 2024

F1 Grand Prix Upended Vegas Last Year. Stakes Are High for Its..

Stakes are high as F1 gears up for a successful second act.
Classic Football Shirts New York Pop-Up
November 18, 2024

Vintage Soccer Jerseys Have Found a Sweet Spot in the Lucrative U.S...

The money-making shirts are at the prime intersection of memorabilia and fashion.
Nov 13, 2024; New York, New York, USA; New York Knicks guard Josh Hart (3) reacts after fouling Chicago Bulls guard Coby White (not pictured) during the second half at Madison Square Garden.
opinion
November 16, 2024

NBA Ratings Rorschach Test: Buy the Dip

Was it the election? Too many threes? Lack of storylines?
May 27, 2024; Paris, France; Rafael Nadal of Spain waves goodbye after his match against Alexander Zverev of Germany on day two of Roland Garros at Stade Roland Garros.
November 19, 2024

Rafael Nadal Bids Farewell to Tennis at Davis Cup

Nadal surpassed the $135 million mark in career earnings.
Michele Kang
November 20, 2024

The Wealthy Booster Spending Millions to Turn U.S. Soccer European

Michele Kang says NWSL expansion requires more coaches and refs.
Sponsored

How UBS Crafts Impactful Partnerships Across Sports, Arts, and Culture

As UBS continues to expand its impressive array of sports and entertainment partnerships, the company solidifies its position as a leader in wealth management.
Nov 3, 2024; East Rutherford, New Jersey, USA; New York Giants quarterback Daniel Jones (8) is sacked during an extra point attempt by Washington Commanders defensive end Dorance Armstrong (92) during the second half at MetLife Stadium.
November 18, 2024

Giants Hit Rock Bottom, Demote QB Daniel Jones With $23 Million Injury..

Jones signed a four-year, $160 million contract extension in March 2023.
Bronny James
November 13, 2024

Bronny James Won’t Play G League Road Games

G League players travel on commercial airlines.
Despondent Giants quarterback Daniel Jones.
November 12, 2024

The $23 Million Reason a Daniel Jones Benching Is Looming

Injury guarantees have come into play for several quarterbacks in recent years.
Nick Bosa
November 12, 2024

NFL Waited for Trump Win to Fine Nick Bosa for MAGA Hat

The league usually issues such fines quickly, but waited weeks for Bosa.