“Juan Soto to Mets impacts Hot Stove.”

“Juan Soto to Mets impacts Hot Stove.”

The details of the deal are as breathtaking as the guaranteed total. According to sources, these include:

It will be difficult for anyone or anything to compete with the deal that began this week in Dallas, but as the baseball world tries to digest the Soto contract, there is plenty of other business to be done in the coming days and weeks .

Here’s a look at which teams and players are now in the Hot Stove spotlight:

What do the Yankees do now?

The Yankees did their best to keep Soto, as their final offer for the four-time All-Star was $760 million over 16 years, according to sources. That’s an AAV of $47.5 million, which is $3.5 million less than Soto received from the Mets.

While the loss of Soto will certainly be painful – especially against their cross-town rivals – the Yankees now have significant payroll flexibility to address their needs.

In addition to replacing Soto, the Yankees are looking for a third baseman (or second baseman, depending on where they plan to play Jazz Chisholm Jr.), a starting pitcher and a reliever.

There are two notable names first and foremost on the free agent market: Pete Alonso and Christian Walker. While Alonso has proven he can handle New York’s pressure cooker, Walker might be a better fit for the Yankees as he is a superior defender and won’t need as many years as Alonso.

Alex Bregman could be an option at third base, as could Cardinals third baseman Nolan Arenado, who could be on the trade block. Anthony Santander, Teoscar Hernández or Jurickson Profar could be potential Soto replacements in the outfield. Another name to keep an eye on: Cubs outfielder/first baseman Cody Bellinger, who is available for trade and could fill either spot for the Yankees.

As for pitching, the Yankees could take some of the money they allocated for Soto and try to sign Corbin Burnes or Max Fried. Sources say New York prefers the left-handed hitter Fried, although the Red Sox are also said to have high value on the former Braves starter. Other top free agent starters include Jack Flaherty and Sean Manaea, although Manaea declined a qualifying offer and would cost his new team a draft pick.

With Clay Holmes no longer in the Bronx — like Soto, he also went across town to the Mets — the Yankees could look to sign Tanner Scott, who had an All-Star season with the Marlins and Padres in 2024.

Regardless of which direction(s) the Yankees take, the conclusion of the Soto saga will allow GM Brian Cashman to turn his attention to the rest of the roster. Expect the Yankees to be one of the most active teams in the coming weeks.

The outside market is open for business

While we had seen some significant deals this offseason prior to Soto’s decision, they largely belonged to pitchers (Blake Snell, Luis Severino, Yusei Kikuchi) and a star infielder (Willy Adames). In fact, Tyler O’Neill (3 years, $49.5 million with the Orioles) and Michael Conforto (1 year, $17 million with the Dodgers) were the only outfielders to sign guaranteed contracts before Soto.

With Soto out of office, Hernández, Santander and Profar should begin to see their markets take shape.

According to sources, the Red Sox prefer Hernández over Santander, while the Blue Jays prefer switch-hitting Santander. The Yankees reached out to Hernandez a few times early in the offseason, but a source called those conversations “very preliminary” as the club focused on keeping Soto.

What’s next for the Mets?

Oh, you thought signing Soto to a record-setting contract was the Mets’ only move this winter?

Even after making it to the NLCS this year, the Mets still have a lot of work to do. Soto addressed the big hitter they were looking for, but there is still a vacant corner infield spot (Alonso is a free agent, so the Mets can either sign a first baseman or move Mark Vientos there and either a new third baseman import or give Brett Baty another shot) and a few holes in the rotation.

The Mets already saw Severino leave as a free agent, while Manaea and Jose Quintana are now also on the open market. They signed Frankie Montas (2 years, $34 million) and plan to convert the recently signed Holmes into a starter, but after Kodai Senga and David Peterson, there is room for at least one more starter. Could the Mets make another splash by signing Burnes or Fried? With Cohen in charge, it would be foolish to rule anything out at this point.

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