The Toronto Blue Jays are one of a handful of clubs that have reportedly offered MLB’s biggest free agent a contract. Check out the latest rumours and Juan Soto Blue Jays odds as of Dec. 3.
The latest: Toronto reportedly met with the 26-year-old shortly after free agency kicked off and has presented the mega-star with a contract. Multiple reports indicate that Toronto will be among the top bidders on Soto, though it’s unknown when he’ll make a decision.
The Blue Jays have the fifth-shortest odds to sign the right fielder.
Juan Soto Blue Jays odds
Check our MLB markets for the latest Soto odds. Note: Betting lines may periodically be down throughout free agency.
As of the afternoon of Dec. 3, the Blue Jays were +700 to sign Soto. The New York Yankees were the favourites at -148.
Bet on Soto to sign with Toronto
Latest rumours
- SNY’s Andy Martino reported on Dec. 2 that there is “widespread belief” that Toronto will have the highest offer among Soto’s bidders. MLB Network analyst (and former general manager) Jim Duquette said he heard “from many people” who think Toronto’s offer will be the highest.
- As of Nov. 26, MLB.com’s Jon Morosi reported that five teams have made offers to Soto: the Blue Jays, New York Mets, Boston Red Sox, Los Angeles Dodgers and New York Yankees. He clarified that those “are not believed to be final offers.”
- At the start of free agency, the New York Post’s Jon Heyman stated that his industry sources viewed Toronto as the biggest threat to pry Soto out of the Big Apple. More recently, he said he views the Mets as the favourite (USA Today’s Bob Nightengale said executives feel this way, too) but identified the Blue Jays and Yankees as teams with a “good shot” to sign Soto.
- ESPN Jeff Passan said the Jays signing Soto is not a fantasy. “Offer the right amount of money, and he will take it,” he wrote in a Nov. 22 column.
- MLB.com’s Mark Feinsand said “the feeling around the industry” is that Soto could make his decision before the Winter Meetings, which begin Dec. 9 (Morosi gave a similar timeline, estimating Dec. 12 or sooner). So whether it’s the Blue Jays or another team, we might soon know of Soto’s next landing spot.
The money should be there
A year after missing out on Shohei Ohtani, the Jays will attempt to snag this offseason’s biggest fish.
According to Heyman, the Blue Jays were among the first teams to meet Soto. Heyman reported that Toronto’s ownership group made an impressive in-person presentation to the Dominican native.
Beyond the big MLB national reporters, Sportsnet’s Shi Davidi has also linked Soto and the Blue Jays.
Davidi says the price tag won’t be an obstacle for Blue Jays owner Rogers Communications.
The Sportsnet insider reported that any Soto deal would likely be covered under a special payroll allocation, the same financial idea the club had for Ohtani.
The Yankees (-148), Mets (+200), Red Sox (+400) and deep-pocketed World Series-champion Dodgers (+500) are the clubs with shorter odds than Toronto. Toronto’s odds to sign Soto are +700, which is where Boston stood until Nov. 28.
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What Soto brings to the table
Soto enters free agency in his prime — a rarity — after arguably the best season of his career.
Here’s what he did in his debut with the Yankees in 2024:
- 41 homers (career high)
- 8.1 fWAR (career high)
- 128 runs scored (career high)
- AL MVP finalist
Soto hit even better over 14 playoff games, slashing .327/.469/.633 with four home runs.
He led the team in hits, OBP and OPS and delivered a memorable ALCS series-clinching homer to help New York reach the World Series.
Stat bites:
- Since his debut in 2018, Soto leads MLB in walk rate and OBP while ranking top five in runs, wRC+ and WAR.
- Soto’s elite numbers and age have MLB Trade Rumors projecting his super agent Scott Boras to secure a 13-year, $600 million deal. Ohtani ($700 million) is the only player in MLB history to sign a more lucrative deal.
- Toronto is coming off a last-place 74-88 finish after reaching the playoffs in consecutive years.
- Fellow Dominican stud Vladimir Guerrero Jr. is set to become a free agent after the 2025 season, as is two-time all-star shortstop Bo Bichette.
- The Blue Jays, per Spotrac, had the ninth-highest payroll ($218.4 million) in MLB last season.
- Rogers is the second-wealthiest owner in MLB behind the Mets’ Steve Cohen, according to Statista.
Chris joined NorthStar Gaming from Covers.com where he was a publishing editor and wrote betting content. Before that, he was the sports editor at VICE Canada, worked for theScore and covered the Blue Jays for MLB.com. In addition to filling out the lineup card each day for the editorial team, Chris writes frequently himself, primarily on the NBA and MLB.