Juan Soto Breaks Record with $31 Million Contract with Yankees

The one-year deal surpasses previous record held by Shohei Ohtani, marking a significant milestone in MLB salary arbitration.

Juan Soto and the New York Yankees have agreed to a record-setting $31 million one-year contract, breaking the previous record held by Shohei Ohtani.
Soto, who had a $23 million salary last year with the San Diego Padres, can become a free agent after this season.
Last year, Soto hit .275 with 35 homers, 109 RBIs and a .930 OPS with the Padres.
Soto was acquired by the Yankees from the Padres last month after turning down a $440 million, 15-year offer from the Washington Nationals.
Soto is projected to receive a $500 million contract for 2025 and beyond if he continues his current performance.