Could Juan Soto leave the San Diego Padres for the Yankees?
One of the first rumors to start doing the rounds concerned Dominican player Juan Soto heading to the New York Yankees.
The Major League baseball season has come to an end and with it the rumors of the players who could be about to change teams have begun. One of the first names that began to sound loud was that of Dominican ballplayer Juan Soto, who is being linked with a move to the New York Yankees.
A couple of days ago reports indicated that there was already first contact between the Friars team and the Bronx Bombers in an attempt to negotiate for the left fielder.
Rival executives believe the #Padres will trade OF Juan Soto this offseason, per @BNightengale pic.twitter.com/M64CYzEh31
— MLB Deadline News (@MLBDeadlineNews) October 30, 2023
The San Diego Padres are going through financial problems and that would explain the main reason for Juan Soto’s departure. It could be an attempt to save the $30 million that the Dominican is set to earn in salary arbitration next season.
In addition to anticipating the negotiations of a possible contract extension estimated at $500 million, a figure he has been pursuing since his time with his former team, the Washington Nationals (2018-2022).
Currently the Padres have on their roster players including Manny Machado (11 years and $350 million); Fernando Tatís Jr. (14 years and $340 million), Xander Bogaerts (11 years and $280 million) and Yu Darvish (6 years and $108 million).
Sources: The San Diego Padres took out a loan for about $50 million in September to address short-term cash flow issues and meet their obligations, including player payroll. With @dennistlin and @Ken_Rosenthal: https://t.co/uUr3NRHXN7
— Evan Drellich (@EvanDrellich) November 1, 2023
The Padres request a loan to pay their payroll
According to information released by The Athletic’s Evan Drellich, the Padres obtained a loan of around $50 million back in September, in order to address short-term cash flow problems and meet with its obligations, including paying the players’ salaries.
Some rumors suggest that a possible exchange is planned in which the New York team puts prospects such as pitcher Jhony Brito, outfielder Everson Pereira and Oswald Peraza on the table.