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Friday, January 13, 2023

Sources: Padres, Juan Soto reach $23M deal, avoid arbitration

Outfielder Juan Soto and the San Diego Padres agreed Friday on a one-year, $23 million contract to avoid arbitration, sources told ESPN, in what is expected to be the richest deal on a day when hundreds of players settle on their salaries for the 2023 season.

The arbitration process allows players with more than three years of major league service time to negotiate their salaries with teams for the upcoming season. In cases where the sides cannot come to terms on a deal by the Friday deadline, they exchange numbers that they then take into an arbitration hearing, where a three-person panel listens to a case and chooses a side.

Today is the deadline to reach terms on arbitration-eligible players or exchange figures for arbitration.

RoyalsRetro (AG#1F) Posted: January 13, 2023 at 03:19 PM | 8 comment(s) Login to Bookmark
Tags: juan soto

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1. Walt Davis Posted: January 13, 2023 at 05:03 PM (#6113125)

That must be close to the record for a third-year super-2 (granted, not a big comparison group) and I think only a few have beaten that in their final arb year (Ohtani, Mookie and I think Arenado). Seems like a pretty good bargain too -- it was an odd year and the SD portion was a bit disappointing but it was still a 149 OPS+ on the year so a raise of just $6 from last year seems a bit low to me ... suggests that if he repeats his 2022, he might not break Ohtani's record.

Article gives a few more -- I'm a bit surprised the first guy wasn't non-tendered at this price:
Hader $14
Hoskins $12
Brandon Woodruff $11
Giolito $10.4

2. My name is Votto, and I love to get Moppo Posted: January 13, 2023 at 08:49 PM (#6113144)

Shane Bieber agrees to $10 million, up from $6 million last year.

3. Guapo Posted: January 14, 2023 at 11:21 AM (#6113175)

test

4. alilisd Posted: January 14, 2023 at 01:03 PM (#6113198)

Article gives a few more -- I'm a bit surprised the first guy wasn't non-tendered at this price:
Hader $14

You mean future HOF Josh Hader :-)

5. The Duke Posted: January 15, 2023 at 04:20 PM (#6113279)

Maybe I have missed it but I haven't heard a peep about the Padres signing Soto long term. Is the assumption that they only got him for these 2.5 years and Soto will go free agent route ?

6. The Yankee Clapper Posted: January 15, 2023 at 07:13 PM (#6113306)

With 2 season to free agency, and Soto’s unSotolike 2022 season, both sides may have reason to wait a bit before getting serious about any extension.

7. alilisd Posted: January 16, 2023 at 11:35 AM (#6113344)

Maybe I have missed it but I haven't heard a peep about the Padres signing Soto long term. Is the assumption that they only got him for these 2.5 years and Soto will go free agent route ?

With Boras as his agent that was always my assumption and seemed to be the assumption of the coverage of the trade I saw as well

8. Walt Davis Posted: January 16, 2023 at 03:01 PM (#6113365)

Plus Soto now has $48 M in career earnings and a virtual guarantee of at least $23 more (and whatever signing bonus he got back in the day.) If ever there was a guy in good shape to ride it out until FA, it's him. Boras will take your call but it probably better start with "14/$450" before you even say hello. Scott's not taking that but he might at least say "call me back when that second number starts with a 5" before hanging up.

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Friday, January 13, 2023

Sources: Padres, Juan Soto reach $23M deal, avoid arbitration

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