Juan Soto’s Contract

Last Modified Nov 3, 2024 05:53 GMT
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Juan Soto

Hailing from Santo Domingo, Dominican Republic, Jose Juan Soto has become one of the most talented players of the present time in Major League Baseball (MLB). He originally signed a contract with the Washington Nationals as an international free agent on July 2, 2015. He eventually made his MLB debut for the Washington Nationals on May 20, 2018, at 19 years old, becoming the youngest player in the league at the time. He played for the Washington Nationals for five years. This was followed by him having a stint with the San Diego Padres for two years before he joined the New York Yankees in 2024.

Juan Soto won the MLB World Series title and the Babe Ruth Award in 2019. Moreover, he has also been a four-time MLB All-Star player, four-time Silver Slugger Award winner and the NL batting champion in 2020. Currently having 201 home runs, 592 RBIs, and a batting average of .285 in 936 games, Juan Soto is one of the best hitters in the league among the recent generation.

Read More:- Juan Soto Net Worth

Juan Soto’s Contract in 2024

Juan Soto signed a one-year $31 million contract with the New York Yankees and avoided arbitration on January 11, 2024, as per Spotrac. Based on this, the team promised him the full amount for the year, with his average annual salary also being the same.

Juan Soto Contract Breakdown

The following table shows Juan Soto's contract breakdown for the 2024 MLB season -

YearBase SalarySigning BonusCap HitDead CapYearly Cash
2024$31,000,000-$31,000,000-$31,000,000

How much is Juan Soto getting paid?

Juan Soto will be paid $31 million from the 2024 MLB season as per Spotrac. He avoided arbitration and signed a one-year contract worth $31,000,000 with the New York Yankees on January 11, 2024. It guarantees him the same amount as his average annual salary. His unrestricted free agency will start in 2025.

Talking about Juan Soto's contract history, he signed a contract with the Washington Nationals on July 2, 2015, and received $1,500,000 as his signing bonus. He next signed a one-year $545,000 contract with the team in 2018. His following contract with the team was also one year and was worth $578,300, which he signed on March 5, 2019. Juan Soto followed this up by signing another one-year contract worth $629,400 with the team on March 7, 2020. Juan Soto then avoided arbitration and signed a one-year $8.5 million contract with the team on January 15, 2021. He next signed a one-year contract worth $17.1 million contract with the team by avoiding arbitration on May 22, 2022. He was then traded by the Washington Nationals to the San Diego Padres on August 2, 2022.

Juan Soto then avoided arbitration and signed a one-year contract worth $23 million with the San Diego Padres on January 13, 2023. The team then traded him to the New York Yankees on December 7, 2023. This led to Juan Soto signing his present contract in 2024.

How much does Juan Soto make in a minute?

Juan Soto’s total salary is from the 2024 MLB season is $31 million. If this is divided by the total number of minutes in a year: i.e., 525,600 minutes, then he earns $58.98 per minute in 2024.

Juan Soto's Career Earnings

Juan Soto has been in the MLB for nine years as of 2024. He has made a total career earning of $82,304,031 including his total base salary of $80,804,031 and his total signing bonus of $1,500,000 as per Spotrac. He has separately earned $22,290,847 from the Washington Nationals and $29,013,184 from the San Diego Padres. He has earned $31,00,000 from the New York Yankees so far in his career.

Juan Soto will make a career earning of $31,000,000 from the 2024 MLB season. He made a career earning of $23,000,000 from the 2023 season, a total of $17,100,000 from the 2022 MLB season, and $8,500,000 from the 2021 season.

What are the terms of Juan Soto's Contract?

Juan Soto signed a one-year $31 million contract with the New York Yankees by avoiding arbitration on January 11, 2024. Notably, this was his fourth arbitration contract, that he avoided. He is all geared up for his unrestricted free agency in 2025. There are no other terms added to his contract.

How much of Juan Soto's Contract is guaranteed?

Juan Soto’s current contract of one year with the New York Yankees is worth $31 million which he signed by avoiding arbitration on January 11, 2024. It guarantees him an annual salary of the same amount. His unrestricted free agency will start in 2025.

Juan Soto’s Contract History

These are all the contracts that Juan Soto has signed in his MLB career so far as per Spotrac-

2015

Juan Soto signed his first MLB contract with the Washington Nationals and received a signing bonus of $1,500,000 on July 2, 2015.

2018

Juan Soto signed a one-year $545,000 contract with the Washington Nationals in 2018.

2019

Juan Soto signed a one-year contract worth $578,300 with the Washington Nationals on March 5, 2019.

2020

Juan Soto signed a one-year $629,400 contract with the Washington Nationals on March 7, 2020.

2021

Juan Soto signed a one-year $8.5 million contract with the Washington Nationals and avoided arbitration on January 15, 2021.

2022

Juan Soto avoided arbitration and signed a one-year $17.1 million contract with the Washington Nationals on March 22, 2022. However, the team traded him on August 2, 2022, to the San Diego Padres in exchange for CJ Abrams, MacKenzie Gore, Jarlin Susana, Luke Voit, James Wood, and Robert Hassell.

2023

Juan Soto signed a one-year $23 million contract with the San Diego Padres and avoided arbitration on January 11, 2023. However, he was traded by the team on December 7, 2023, to the New York Yankees in return for Randy Vasquez, Michael King, Kyle Higashioka, Jhony Brito, and Drew Thorpe.

2024

Juan Soto avoided arbitration and signed a one-year contract worth $31 million with the New York Yankees on January 11, 2024.

FAQ's On Juan Soto Contract

A. Juan Soto signed a 1-year $31 million contract with the New York Yankees, including a guaranteed $23 million amount for the 2024 MLB season.

A. Juan Soto signed with the Washington Nationals as an international free agent on July 2, 2015

A. Juan Soto has been present with the MLB for seven years as of 2024.

A. The New York Yankees obtained Juan Soto in a trade with the San Diego Padres on December 7, 2023. 

A. Juan Soto is wearing jersey #22 for the New York Yankees.

A. Juan Soto has earned $82,304,031 in his nine years in Major League Baseball (MLB). 

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