Juan Soto Trade Rumors: Padres Have Offers from 5 Teams Amid Yankees Buzz

As the steam continues to pick up on a potential deal for San Diego Padres' superstar Juan Soto, five different teams have sent offers to the organization trying to acquire the three-time All-Star, according to the New York Post's Jon Heyman.

Atop that list of teams are the New York Yankees, who have been engaged in talks with San Diego for the past several days, though things appear at an impasse for the moment.

Heyman reports that Soto's market is somewhat limited thanks to his arbitration salary of $32 million and the fact that he's unlikely to sign an extension regardless of where he ends up.

It has become increasingly likely that the Padres will trade Soto as the offseason has gone on—nearly 18 months since San Diego first acquired him in a blockbuster trade ahead of the 2022 MLB trade deadline.

And while he remains arguably one of the five-best payers in the sport, the Padres need to cut down on their $249 million payroll. One executive told Heyman that the organization would have "to take out anther loan" if they were to keep Soto.

San Diego has yet to offer Soto a new deal as they initially intended to. Considering that this is the same player that turned down a $440 million deal from the Washington Nationals a few years ago, the Padres likely don't have a great chance of coming to an agreement with Soto.

The 25-year-old appears dead set on hitting free agency next year.

As for the Yankees, they seem to be the front runners at the moment for any potential deal but have been unwilling to give up all the assets that San Diego is asking for. The Padres apparently want reliever-turned-pitcher Michael King as well as pitching prospect Drew Thorpe, both of whom New York is unwilling to part with.

San Diego also wants young pitchers Jhony Brito, Randy Vasquez and two more prospects for Soto and center fielder Trent Grisham