Juan Soto Rumors: Nothing 'Imminent' Amid $600M Contract Offers, Latest Yankees Buzz

Rumors and speculation have been flying regarding the future destination of prized free-agent outfielder Juan Soto. However, it doesn't appear as if a decision is "imminent" quite yet.

SNY's Andy Martino reported the latest.

"Making calls around the league to report on the Juan Soto sweepstakes over the past few days, one hears terms like "final bidding" tossed around, and a general expectation is that Soto will choose his next team within a matter of days.

"But before you dive too breathlessly into that disinformation cesspool we call the internet, know that we are not there just yet. On Wednesday morning, a league source with direct knowledge of the process reiterated what agent Scott Boras said publicly on Tuesday evening: 'Nothing is imminent.'"

As far as news goes, bidding for Soto has surpassed $600 million, per Ken Rosenthal, Evan Drellich and Brendan Kuty of The Athletic.

Kuty also provided more insight:

Jack Curry of YES Network also had this to say on Dec. 2.

Jon Heyman of the New York Post reported on Nov. 27 that the Yankees had "upgraded their initial bid within the past couple of days."

Although a decision isn't "imminent," it does appear that Soto will make his decision sooner rather than later. ESPN's Alden Gonzalez had this to say.

"Juan Soto's much-hyped free agency is nearing its final stages, with a source familiar with the process opening the possibility that the star outfielder could pick his destination by the end of this week -- before the start of the annual winter meetings. The industry's agents and executives will descend upon Dallas this Sunday. Soto is widely expected to sign a record-breaking contract before they depart the following Thursday and could do so before they even arrive, an industry source told ESPN on Tuesday."

Five teams are in the running, as has been reported by multiple sources, including Randy Miller of NJ.com and Jon Morosi of MLB Network.

Of those teams, the New York Mets are seen as the favorite, per The Athletic.

"The Mets are widely regarded as the favorite for Soto, with many in the industry believing the team's owner, Steve Cohen, will top any rival bid. But the Yankees desperately want to keep Soto as a complement to Judge, and the Red Sox have emerged as a surprising force in the negotiations. The Blue Jays and Dodgers are considered longer shots, though the Jays were willing to match the Dodgers' bid for Ohtani last offseason, and seem to be just as intently focused on Soto."

Ultimately, it doesn't seem as though a decision is imminent, but he'll apparently be making his decision sooner rather than later.