Billionaire Steve Cohen plans to meet with baseball player Juan Soto and his agent, Scott Boras, in California this week. Cohen, owner of the New York Mets, is looking to sign the most sought-after free agent at the moment. According to Boras, Soto will undergo a rigorous selection process before making a decision about his future. This will be the first time Soto meets with team owners in his search for a new contract.
On the other hand, Hal Steinbrenner, owner of the New York Yankees, is also eyeing Soto. Steinbrenner, with a fortune valued at 3.8 billion dollars, has been instrumental in signing the historic contract of Aaron Judge. The Yankees owner does not want to miss the opportunity to have Soto's talent on his team and is preparing to negotiate with the player.
Considered one of the best players of his generation, Juan Soto had an outstanding season in 2024, batting .288 with 41 home runs, 109 RBIs, and 128 runs scored. Both the Yankees and Mets and Dodgers are interested in acquiring the services of the 26-year-old outfielder. Soto's contract is estimated to range from 500 to 600 million dollars for 10 years, following the trend of million-dollar contracts in modern baseball.
Steve Cohen, originally from New York, is known for his success in the financial and art worlds. In 2020, he acquired the majority stake in the Mets for 2.42 billion dollars, establishing himself as one of the most influential figures in baseball. Meanwhile, Hal Steinbrenner has led the Yankees and aims to stay at the forefront with the possible arrival of Juan Soto to his team.
Both moguls are willing to open their wallets to sign Soto, considered one of the most coveted free agents today. With the possibility of a bidding war among interested teams, Soto's contract is expected to approach astronomical figures, making history in the world of baseball.
