The $600M dilemma: Why the Dodgers may miss out on Juan Soto and how this favors the Yankees

Sep 1, 2024; Bronx, New York, USA; New York Yankees right fielder Juan Soto (22) tosses his helmet after flying out to end the sixth inning against the St. Louis Cardinals at Yankee Stadium.

As the weekend approaches, rumors surrounding Juan Soto’s free agency continue to swirl. Several major contenders initially linked to the superstar outfielder have reportedly stepped back, leaving the New York Yankees as the frontrunners to secure Soto’s services. Among those seemingly bowing out of the race are the Los Angeles Dodgers.

ESPN analyst Stephen A. Smith has weighed in on the Juan Soto sweepstakes, suggesting the Yankees are the perfect destination for the superstar outfielder. Smith pointed to the Yankees’ storied history, championship ambitions, and one of the most passionate fan bases in sports as key reasons why Soto would thrive in the Bronx.

The Yankees’ appeal

For Juan Soto, a player who has already achieved remarkable milestones in his young career, joining the Yankees could represent the next chapter in building a legacy. Smith emphasized that the Yankees’ brand, recognized worldwide for its success and prestige, aligns perfectly with Soto’s superstar stature. “There’s no place better suited for Soto than the Yankees,” Smith said during a recent segment on ESPN. “They offer everything—a winning culture, the chance to be part of history, and a fan base that will adore him.”

The Yankees’ championship aspirations also play a significant role in their appeal. Despite falling short of their ultimate goal in recent years, the organization remains committed to building a roster capable of contending for World Series titles. Juan Soto, widely regarded as a generational talent, could be the missing piece to elevate the Yankees to perennial contention.

Which teams are out of the race?


Despite their initial interest, the Dodgers face significant financial hurdles. Soto’s price tag, expected to eclipse the $600 million mark, presents a formidable challenge. While the Dodgers remain in the conversation, their chances appear slim compared to other contenders. Although MLB.com’s Mark Feinsand reported that the Dodgers were scheduled to meet with Soto and his agent, Scott Boras, no indication has been given that they are frontrunners in the race.

If any Yankees fan looks back at the updates from the past three days, there are clues to help separate the wheat from the chaff. On Tuesday, Scott Boras, Juan Soto’s agent, hinted at narrowing down the list of potential landing spots. While no team has been officially ruled out, The Athletic’s Ken Rosenthal reported on Wednesday that the Dodgers are among the least likely to sign Soto. Today, Rosenthal and Levi Weaver provided no updates about which teams had been eliminated from contention but mentioned a rumor linking the Dodgers to Teoscar Hernández. However, they clarified that nothing could be confirmed.

With the Winter Meetings set to begin Sunday, November 11, speculation about Soto’s destination is reaching fever pitch. Boras’s comments suggest that Los Angeles may have already stepped away from the bidding war. Meanwhile, offers reportedly exceeding $600 million have captured the attention of the league, with Soto poised to make history as one of baseball’s most lucrative free agents.

Who is going to take Juan Soto?


For the first time in his seven-year MLB career, Juan Soto holds all the cards as he evaluates his free agency options. Following a stellar 2024 season in which he helped the Yankees clinch their first American League pennant in 15 years, Soto has become one of the most sought-after players in baseball history.

The 26-year-old outfielder blasted a career-high 41 home runs in 2024, further solidifying his value on the open market. To secure Soto, teams must meet two critical criteria: a long-term contract spanning 10 to 15 years and a deal surpassing $600 million. Sources suggest only a handful of organizations, including a “sleeping giant” in the American League, are prepared to meet these demands.

While several teams were initially in the mix, momentum appears to be shifting decisively toward the Yankees. Soto’s one-year contract with New York, following his 2023 trade from the San Diego Padres, set the stage for a potential long-term partnership. As speculation about his future continues, fans and analysts alike are bracing for a decision that could reshape the MLB landscape.

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