Yankees Optimistic About Prospects of Signing Star Player Soto

The New York Yankees came away from a major meeting on Monday feeling optimistic about their chances of signing star slugger Juan Soto to a long-term contract. This comes from an industry source familiar with the team’s negotiations. The extensive face-to-face discussions reportedly left team owner Hal Steinbrenner and his executives believing the door remains open to a second, more financial negotiation with Soto in the weeks ahead.

Although no formal offer was extended during this initial meeting, the Yankees’ leadership, present at the gathering, included team president Randy Levine, general manager Brian Cashman, manager Aaron Boone, and senior advisor Omar Minaya. Their key objective was to address Soto directly, highlighting the strong relationships he has with his New York Yankees teammates, the fan base, and the city itself.

With agent Scott Boras by his side, Soto expressed a desire to see the Yankees’ continued commitment to excellence succeed in the future. He also took the opportunity to voice where he felt improvements were necessary for the team. Steinbrenner assured him of roster upgrades for the upcoming year, though specific targets were not discussed.

While other major league teams, including the Philadelphia Phillies, Los Angeles Dodgers, Boston Red Sox, Toronto Blue Jays, and New York Mets, have shown interest in Soto, the Yankees remain hopeful they are leading the race to secure his talents. A source close to the internal discussions conveyed the sentiment that «it’s about the money, but not just the money.» This statement captures the dual focus of the contract negotiations with Soto, who enjoys immense popularity with Yankees fans.

One tactical point emphasized by the Yankees was the opportunity they provided Soto to reach the World Series, although this was mutual. His association with likely MVP winner Aaron Judge this past summer further cemented his popularity. However, retaining Soto will depend heavily on the financial terms of the contract to compete with offers reportedly coming from competitors like the Mets.

Steinbrenner, reportedly «100 percent committed» to matching Mets owner Steve Cohen‘s offers, appears resolute in maintaining the Yankees’ competitive edge. Meanwhile, Boras is expected to complete preliminary talks with interested clubs by Thanksgiving, with further decisions anticipated in early December, coinciding with the Winter Meetings in Dallas.

The potential record-setting contract for Soto makes it a focal point at the Winter Meetings—an ideal stage for the high-profile player who thrives under market pressures. The Yankees, aware of Soto’s ability to handle New York City’s intense spotlight, are banking on this experience as they continue their bid to bring him on board permanently.