The New York Yankees announced earlier today that they made a qualifying offer to Juan Soto but insider Josh Goldberg confirmed that it has already been rejected.
Soto is coming off an incredible season with the New York Yankees and is set to sign one of the largest contracts in MLB history as most insiders believe it will be around $700 million.
Juan Soto has rejected the New York Yankees qualifying offer
Soto as well as 12 other players in the MLB were offered qualifying offers from their teams prior to fully entering free agency which is a one year deal with a value equivalent to the average salary among the top 125 salaries in the MLB. This season that average comes out to $21.05 million which was offered Soto and a few other stars.
The qualifying offer is a one-year deal with a value equal to the mean salary of MLB's 125 highest-paid players. This year's qualifying offer is worth $21.05 million. -Mullin
Juan Soto received a qualifying offer from the Yankees, valued at $21.05 million for 2025. He'll reject it in the time it took for you to read this tweet.
No one can blame the Yankees for trying but there was never a chance he would put off his big payday by another year to go back to New York when he has made it clear he will be signing with whoever offers the biggest contract.