Former New York Yankees slugger Todd Frazier says Juan Soto significant return to the Bronx.

The Yankees re-sign Soto because he is the best free agent available. Frazier is certain that Soto will stay in the Bronx, despite opposition from New York to keep the star outfielder.

Speaking on his co-hosted show “Foul Territory,” Frazier revealed his prediction for Soto, which is that he will sign a $700 million, 14-year contract.

“I do believe he will be a Yankee,” Frazier remarked. “I estimate that it will take about 14 years and $700 million. He’s 26 and you have to pay a high price. He most likely wants to continue playing until he is forty years old, and I believe that’s where the offer should be made. As absurd as it may sound. I envision the Yankees acquiring him for $700 million over 14 years at a rate of $50 million annually.

Frazier has Soto agreeing to a $700 million, 14-year contract, but there are rumors that the amount could be higher. Frazier is certain that Soto will stay in the Bronx for the foreseeable future despite reports that he has had many offers totaling more than $700 million.

After being traded from the Chicago White Sox, Frazier played for the Yankees in 2017. He signed with the New York Mets in free agency after hitting 11 home runs and 32 RBIs in 66 games with New York.

The Yankees bid more than $700 million for Soto.

According to reports, New York has increased its offer for Soto, bringing it to over $700 million.

The New York Post’s MLB source Jon Heyman claims that the Yankees had increased their offer after the Mets also went above $700 million.

The five-team Juan Soto Derby still features a significant amount of participation from the Yankees and Mets. Both clubs have lately increased their bids to $710 million to $730 million, which is MLB record territory. Because it’s thought that the sweepstakes might reach a historic end in a day or two,” Heyman wrote.

“With the recent adjustments to offers, both New York teams demonstrated their seriousness. Additionally, both have already raised their bids above the record $700 million agreement made by Shohei Ohtani,” Heyman continued. “The offers seem to be within shouting distance, but it is thought that the Mets may be a little higher as of Saturday night.”

In 2024, Juan Soto posted an impressive .288 batting average, with 41 home runs and 109 RBIs while playing for the Yankees. He has indicated that a decision regarding his future is expected soon.

It’s unlikely that teams and supporters will have to wait long for Soto’s decision.

Alden Gonzalez, an ESPN MLB insider, stated that Soto is anticipated to make a choice prior to the conclusion of the Winter Meetings.

“Juan Soto’s much anticipated free agency is coming to an end. The talented outfielder may be able to choose his destination by the end of this week, according to a source with knowledge of the procedure. Prior to the annual winter meetings beginning, Gonzalez wrote.

“This Sunday, industry executives and agents will converge on Dallas. Before their departure the following Thursday, Juan Soto is expected to sign what could be a historic contract. According to an industry source cited by ESPN on Tuesday, the deal might even be finalized before they arrive,” Gonzalez reported.

Soto, a four-time MLB All-Star, continues to make waves in the league.

Three other teams, including the Yankees, have made offers for Juan Soto totaling almost $700 million.

According to MLB insider Jon Heyman, the New York Yankees, fresh off their victory over the Los Angeles Dodgers in the 2024 World Series, remain strong contenders in the pursuit of Juan Soto. Interestingly, the Dodgers, despite their recent success, do not appear to be in the mix for Soto. Heyman shared this update during a Friday afternoon livestream.

The Yankees have increased their financial offer to Soto, according to Heyman, a baseball columnist for the New York Post. The Bronx Bombers are currently offering Soto a deal that would be in the “ballpark” of $700 million spread over 15 years. That amounts to $46.7 million on average per year. Heyman did not provide any information on whether the Yankees would be able to postpone any of that money, as the Dodgers did with Shohei Ohtani and six other players last offseason.

The Dodgers’ Dependency on Deferrals Indicates Their Exit

In fact, an Associated Press investigation estimates that the Dodgers will have to pay off a staggering $1 billion in delayed payments to only seven players between 2028 and 2046. Tommy Edman, an infielder, most recently signed a five-year, $74 million contract with $25 million in payments postponed until 2044 with the Dodgers. Pitcher Blake Snell signed a $182 million contract with the Dodgers earlier this month, with $66 million deferred until 2046.

Heyman’s claim that the Dodgers are the odd team out in the Soto sweepstakes seems to imply that contracts offered by other teams will not include deferrals, given that the Dodgers consistently use this strategy for significant, multi-year contracts.

The Yankees’ bad news is that three other teams are still in the game, even if their World Series opponent Dodgers are most likely out. The Boston Red Sox, the Yankees’ bitterest rival, the New York Mets, and the Toronto Blue Jays are among them. According to Heyman, all of those teams have now extended offers to Soto in the $700 million, 15-year “ballpark.”

During the broadcast, Heyman stated, “I believe that’s where we are now.” “Unless he happens to say, ‘You know what?’ I believe he’s going to set a record. I don’t really care for an additional thirty, forty, fifty, or sixty million. I don’t think it’s a huge deal. I wish to join the top team.

Perhaps Soto’s Selection Is Unprecedented

Even in that improbable case, Soto might still play at Chavez Ravine for the next 15 seasons. That kind of contract would likely last Soto the rest of his career, through his age 41 season. However, that seems to be the final destination of the Soto discussions.

Juan Soto’s future remains uncertain, but a move to one of several prominent locations could be on the horizon if he declines a lower offer from the Dodgers. Soto could end up playing for the New York Yankees, the New York Mets, the Boston Red Sox, or potentially even a team in Canada. This represents a rare opportunity for a top-tier free agent like Soto, especially considering the Dodgers’ recent success, with two World Series titles and eleven National League West championships in the last 12 years. This situation highlights the significant competition and high stakes surrounding his next decision.

“This is a unique circumstance,” Heyman stated. Five teams battling on equal ground is not typical. They are all on equal footing, at least four of them.

Furthermore, you can’t have four teams all making offers to a single player that are on the order of a quarter-billion dollars.