The Yankees are expected to pursue $850 million free agent duo Juan Soto, Corbin Burnes

The New York Yankees are deep in the Juan Soto competition. Soto’s bid has reportedly reached the $600 million mark, and it’s only going from there.

The superstar outfielder is expected to make a decision in the coming days, and the Yankees remain one of the favorites to sign him.

New York could make a move with Soto reminiscent of what the Los Angeles Dodgers did last winter when they signed Shohei Ohtani and Yoshinobu Yamamoto in the same offseason.

Jon Heyman of the New York Post recently revealed that The Yankees could look to add both Soto and the best pitcher on the market, Corbin Burnes.

New York Yankees outfielder Juan Soto
BALTIMORE, MARYLAND – JULY 13: Juan Soto #22 of the New York Yankees and Anthony Santander #25 of the Baltimore Orioles talk before the game at Oriole Park at Camden Yards on July 13, 2024…


Greg Fiume/Getty Images

“Yanks, (Toronto Blue) Jays, (Boston) Red Sox, (San Francisco) Giants, (Baltimore) Orioles are among the main players for Corbin Burnes. NYY could potentially do both Soto and Burnes (but of course, they” would look for to save $ elsewhere if they did),” Heyman wrote in a post to Twitter/X on Thursday.

Before I get too deep into this, let me preface that this idea is pretty unlikely to come to fruition. But there is a chance, and I can map it here.

Soto is expected to sign for somewhere between $650 million and $700 million. Burnes is expected to sign for between $180 million and $250 million. If we meet in the middle, that puts the total to sign both players in one offseason at $890 million.

However, the Yankees could take a page out of the Dodgers book to make this happen. What am I talking about? Deferred money.

Soto has reportedly rejected the idea of ​​deferred money in his deal, but the same cannot be said for Burnes. If the Yankees can sign Soto and then make a heavily deferred deal with Burnes, they could land both guys in a week or two.

But again, that’s pretty unlikely. If the Yankees sign Soto, the New York Mets are expected to aggressively pursue Burnes as a backup plan. I don’t see much of a way for the Yankees to outbid Steve Cohen and the Mets for both Soto and Burnes.

More MLB: Mets predicted to sign $255 million ace as emergency Juan Soto Backup Plan