What is Juan Soto's Net Worth as of 2024?

Juan José Soto Pacheco, also known as "Soto Pacheco" is one of the most talented players in Major League Baseball (MLB). Juan Soto made his MLB debut with the Washington Nationals on May 20, 2018 and has since then played for the Washington Nationals and San Diego Padres before plying his trade for the New York Yankees in 2024.

Juan Soto won the World Series Championship in 2019. He has played in the MLB All-Star game thrice. He has won one Babe Ruth Award and four Silver Slugger Awards in his career so far. He is notable for his two-strike approach that helps him score runs during his games. With 167 home runs in his career so far, Soto is continuing to showcase his baseball skills for his fans.

How much is Juan Soto’s Net Worth in 2023?

Juan Soto’s net worth as of 2024 is $12 million as per caknowledge.com. Soto acquired wealth throughout his successful baseball career. His net worth can be attributed to his MLB contracts, endorsement deals and business.

Juan Soto had a net worth of $9 million in 2021. Then this net worth increased to $10 million in 2022 and $11 million in 2023, before his net worth reached the present amount in 2024.

Juan Soto’s Salary

Juan Soto is geared up to earn $31 million from the 2024 MLB season. He signed a 1-year $31 million contract with the New York Yankees, thereby avoiding arbitration on January 11, 2024. Based on the contract, he will be provided with the same annual average amount. His unrestricted free agency will be starting in 2025.

Juan Soto signed his first contract with the Washington Nationals on July 2, 2015 and received a payment of $1,500,000. His next contract with the team was of 1-year $545,000 signed in 2018. He then signed a 1-year contract worth $578,300 with the team on March 5, 2019. Next, he signed a 1-year contract worth $629,400 with the team on March 7, 2020. Soto then avoided arbitration and signed a 1-year $8.5 million contract with the team on January 15, 2021. He again avoided arbitration and signed a 1-year contract worth $17.1 million on March 22, 2022. Soto was then traded by the team on August 2, 2022 to the San Diego Padres in exchange for C.J. Abrams, Jarlin Susana, Luke Voit, James Wood, MacKenzie Gore and Robert Hassell.

Juan Soto avoided arbitration and signed a 1-year $23 million contract with the San Diego Padres on January 13, 2023. He was traded by the team on December 7, 2023 to the New York Yankees in return for Kyle Higashioka, Jhony Brito, Drew Thorpe, Randy Vasquez and Michael King. This led to Juan Soto signing his latest contract in 2024.

Juan Soto’s Endorsements

Juan Soto is endorsing several companies as of 2024. These include Secrets Resort & Spa, Under Armour, Intuit Quickbooks, Wilson, Walgreens, Topps, Tap Sports, Baseball '21 Lids, Wells Fargo, Sorare MLB and GoDominicanRepublic. Soto makes an additional $3 million from endorsements as per sportico.com as of 2024.

Juan Soto’s Investments

There isn't enough information available about Juan Soto’s investments in the public domain as of April 2024.

Juan Soto’s Other Sources of Income

Juan Soto has an online shopping platform called The Juan Soto Shop. He sells his official clothing apparel here which includes hoodies for men and women under the banner "Soto Shuffle". Prices start from $54.99 and vary accordingly. The sales of his clothing apparel allow him to make an additional income besides his MLB contracts and endorsements.

Juan Soto’s House

Juan Soto Listed his old Virginia home, which consisted of a 2.5-bedroom and a 1,160 square feet residence that complies with a lovely fireplace, a generous main bathroom, and a big-sized lawn consisting of a curved patio with seating, up for sale in the Arlington Market, according to realtor.com.

Juan Soto has moved out of the D.C metro area, It is recently reported that he bought a house in a gated community in Coronado; the city appears to be only 20 mins away from San Diego according to Devine Sports Gospel.

Juan Soto’s Car

There isn't enough information available about Juan Soto’s cars in the public domain as of April 2024.

Juan Soto’s Charity Work

Juan Soto understands the importance of giving back to the community and using his platform to make a positive impact. In 2021, He used his shares from the Home Run Derby and All-Star game in Denver, around $200,000, sponsoring baseball players from his home country, boxers, and track and field athletes, according to Washington Post. Juan Soto is also involved in charity work to provide clean water to his community as of 2024.