Juan Soto’s Contract

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Jose Juan Soto 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. Hailing from Santo Domingo, Dominican Republic, he has since then played for the Washington Nationals and the San Diego Padres before Joining the New York Yankees in the 2024 season. He won the World Series Championship and the Babe Ruth Award in 2019. Moreover, he has also been a three-time MLB All-Star player, four-time Silver Slugger Award winner and the NL batting champion in 2020. Currently having 163 home runs, 498 RBIs and a batting average of .285, Juan Soto is one of the best hitters in the league among the recent generation.


Juan Soto’s Contract Breakdown

YearBase SalarySigning BonusCap HitDead CapYearly Cash
2015-$1,500,000$1,500,000-$1,500,000
2018$392,620-$392,620-$392,620
2019$578,300-$578,300-$578,300
2020$233,111-$233,111-$233,111
2021$8,500,000-$8,500,000-$8,500,000
2022$6,013,184-$6,013,184-$6,013,184
2022$11,086,816-$11,086,816-$11,086,816
2023$23,000,000-$23,000,000-$23,000,000
2024$31,000,000-$31,000,000-$31,000,000


How much is Juan Soto getting paid?

Juan Soto will earn $31 million from the 2024 MLB season. He signed a 1-year contract worth $31,000,000 with the New York Yankees on January 11, 2024. It guarantees him the same amount as annual average salary. His unrestricted free agency will start in 2025.

Juan Soto first signed his MLB contract with the Washington Nationals on July 2, 2015 and received a signing bonus of $1,500,000. He next signed a 1-year contract worth $578,300 with the team on March 5, 2019. Then, he signed another 1-year $629,400 contract with the team on March 7, 2020. He then avoided arbitration and signed a 1-year $8.5 million contract with the team on January 15, 2021. He again signed a 1-year $17.1 million contract with the team and avoided arbitration on March 22, 2022. 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.

Juan Soto then avoided arbitration and signed a 1-year $23 million contract with the San Diego Padres on January 11, 2023. The team traded him on December 7, 2023 to the New York Yankees in return for Randy Vasquez, Michael King, Kyle Higashioka, Jhony Brito and Drew Thorpe. This led to Juan Soto signing his latest contrct in 2024.


How much does Juan Soto make in a minute?

As per the latest contract, considering Soto’s annual salary is $31 million, we divide this amount by the total number of minutes in a year: i.e., 525,600 minutes, and as per the above calculation, the amount we draw is $58.98 per minute.


Juan Soto's Career Earnings

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, $11,086,816 from the 2022 MLB season and $6,013,184 from the 2021 season.

Juan Soto has been in the MLB for seven seasons as of April 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.

What are the terms of Juan Soto's Contract?

As per Soto’s current contract, He signed a 1-year $31 million contract with the New York Yankees on January 11, 2024. This contract guarantees him an annual average salary of $31 million, and it states that in 2024, he will earn the same.

How much of Juan Soto's Contract is guaranteed?

Juan Soto’s current contract of 1 year with the New York Yankees is worth $31 million. 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 as of April 2024.

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.

2019

Juan Soto signed a 1-year contract worth $578,300 with the Washington Nationals on March 5, 2019.

2020

Juan Soto signed a 1-year $629,400 contract with the Washington Nationals on March 7, 2020.

2021

Juan Soto signed a 1-year $8.5 million contract with the Washington Nationals and Voided arbitration on January 15, 2021.

2022

Juan Soto avoided arbitration and signed a 1-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 1-year $23 million contract with the San Diego Padres and avoided arbitration on January 11, 2023. However, he was traded by the team to 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 signed 1-year contract worth $31 million with the New York Yankees on January 11, 2024.


Juan Soto Contract FAQs

Q. What is the current status of Juan Soto's 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.

Q. When did Juan Soto sign his initial contract with the Washington Nationals?

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

Q. How long has Soto been in MLB?

A. At 25 years-175 days old, Soto made his major league debut on May 20, 2018, and has been with the MLB for seven seasons as of 2024.

Q. Why is Juan Soto on the New York Yankees?

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

Q. What is Juan Soto's jersey number?

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

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