MLB News: Juan Soto Rejects 14-year $440 Million Offer from the Nationals
This morning, All-Star outfielder, Juan Soto rejected a massive 14-year extension, $440 million contract with the Washington Nationals. That sent some shockwaves around MLB.
After this season, Soto is under team control for two more years before becoming eligible for free agency. If he had accepted the offer, the 24 year old would be 38 by the time his 14-year contract is up, pretty much guaranteeing him a National until the end of his career.
The Washington Nationals are dead last in the NL East and currently hold the worst record in baseball with 30 wins and 62 losses. Soto made his debut in 2018 and was the runner-up for the NL Rookie of the Year Award. This season, he is currently batting .247, down from past seasons. He has a .405 OBP with 19 homers and 42 RBI’s.
Perhaps Soto is looking to join a more competitive team overall in hopes of getting his own stats back up to the way they were, but $440 million is a lot of money.
If Soto were to take it, he would become the highest paid player in the MLB, surpassing Trout. In 2019, Mike Trout signed a 12-year contract worth $426 million with the Angels, with a $20 million signing bonus, $426.5 million guaranteed, and an annual average salary of $35.54 million.
If the Dominican Republic native is not willing to bite at anything the Nationals are throwing at him, he could be close to being the first player in MLB history to close a contract over $500 million.
Is he looking to be the first player to sign a half billion dollar contract or is he just looking for a way out of the Nationals and into a team more likely to win the pennant race… such as the Dodgers?
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