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Sports Illustrated
Sports Illustrated
Sport
Karl Rasmussen

Juan Soto, Yankees Agree to Historic Deal to Avoid Arbitration

The New York Yankees and star outfielder Juan Soto managed to avoid arbitration after agreeing to a record-setting one-year contract ahead of Thursday’s deadline.

Soto will collect $31 million during the 2024 season, his first year with the Yankees, breaking the record for the largest salary given to an arbitration eligible player in league history, according to ESPN’s Jeff Passan. 

The previous record was set last offseason by Shohei Ohtani, who penned a $30 million deal ahead of his final season with the Los Angeles Angels.

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