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MLB Reports: Juan Soto and Pete Alonso Heavily Favored to Sign ‘Record-Breaking’ Contracts That Could Exceed Shohei Ohtani’s $700 Million Deal

Published 05/08/2024, 5:00 PM EDT

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The MLB contract landscape is about to get a serious shakeup. Juan Soto and Pete Alonso, two of the most electrifying hitters in the game, are heading toward free agency at the end of this season. The buzz around their potential deals? It’s deafening. Industry experts are already speculating that these two stars could shatter Shohei Ohtani’s record-breaking $700 million contract.

Let’s be honest, the fact that we’re even discussing the possibility of players eclipsing the Ohtani deal is a testament to the evolving financial dynamics of baseball. Ohtani’s two-way prowess is unprecedented, but Alonso and Soto are pure offensive powerhouses, and offensive firepower is what gets teams to open their checkbooks wide.

Juan Soto, Pete Alonso, and David P. Samson’s insights

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David P. Samson, the former president of the Miami Marlins, offers a sharp perspective on the contract situations of Soto and Alonso. His key point? They both share the same agent, Scott Boras, a man renowned for securing lucrative deals for his clients. Samson claimed, “We know very well what that means,” which carries a hint of both admiration and trepidation for any team hoping to sign a Boras-represented player.

Samson delved specifically into Soto’s mindset, stating, “From Soto’s standpoint, he will resign with the Yankees today as much as he would have resigned with the Padres today, but he needs that record.” This astute observation highlights the fact that while the Childish Bambino might find a fit with the New York Yankees, a record-breaking deal is his ultimate priority. Samson’s parallel implies that Alonso, also a Boras client, likely shares a similar drive to maximize his earning potential.

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The implication ripples through the league: are the Yankees or Mets willing to make history for their superstar sluggers? Samson knows how Boras operates; he’s not afraid to leverage potential offers from other teams to push negotiations to their absolute limit. The question looms: which team will blink first, and will their offer be enough to satisfy Boras’ ambition for a record-shattering contract?

David’s questions leave us with a tantalizing thought: it’s not just about who offers the most money. The prestige of smashing existing contract records is a powerful motivator. For Juan Soto and Pete Alonso, these contracts could solidify their places among baseball’s elite, a legacy likely on both players’ minds as the free agency drama unfolds.

Additionally, Samson’s comments highlight the potential for a bidding war, something that Boras excels at orchestrating. It’s not unusual for him to leverage multiple interested teams to drive up the price for his clients. This kind of competitive environment could easily push Soto’s contract into unprecedented territory, potentially even surpassing Shohei Ohtani’s deal. But what are other experts in the industry saying about Soto’s potential windfall?

What are other industry experts saying?

Revered insider Jon Heyman, tapping into Juan Soto’s calculated approach, confirms what Samson implies: Soto is unlikely to rush into a long-term deal, even with a seemingly perfect fit like the Yankees. Heyman’s insights suggest that Soto, like any Boras client, understands the power of maximizing options and fueling a bidding war. This strategy aligns with Samson’s assertion that, for Soto, it boils down to achieving a record-breaking contract.

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Ken Rosenthal adds a fascinating layer to the discussion with his analysis of Pete Alonso’s free agency. Boras’ track record of negotiating lucrative deals sets high expectations for Alonso. However, Rosenthal highlights how the current market undervalues first basemen, presenting a challenge for Boras and potentially for Alonso. This mirrors Samson’s point that, while star power matters, it all comes down to whether a team is prepared to meet the enormous financial demands likely to accompany a Boras client.

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Rosenthal hints at another potential complication: Boras represents multiple high-profile free agents, including Juan Soto. Could Boras’ focus be divided, potentially impacting Alonso’s negotiations? Or will the sheer volume of star power represented by Boras work to Alonso’s advantage, forcing teams into a frenzy to secure their top choice? This uncertainty hangs thick in the air.

Ultimately, both Heyman and Rosenthal seem to agree with Samson’s core point: this isn’t just about talent; Scott Boras is the wildcard. His reputation for extracting maximum value casts a long shadow. The question for both Soto and Alonso lingers: Can they achieve contracts that eclipse past records, or will market dynamics and Boras’ negotiation tactics alter the trajectory of their potential deals?

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Written by:

Shrabana Sengupta

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Shrabana Sengupta is an MLB writer at EssentiallySports. Shrabana shot to fame when she covered two prime MLB events: the 2023 World Series and the Free Agency that followed. During the 2023 World Series, Shrabana wrote her unfeigned perspectives on the Texas Rangers’ Corey Seager and his wife, the 27x World Series Champions’ heartbreaking season, and later covered Shohei Ohtani’s highly anticipated record-breaking contract in 2023-24.
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