The New York Yankees and outfielder Juan Soto have agreed on a one-year, $31 million deal to avoid arbitration, per Joel Sherman of the New York Post.
Soto's contract is the largest one-year deal for an arbitration-eligible player, per Sherman.
The Yankees acquired Soto, who will be a free agent next offseason, in a seven-player trade with the San Diego Padres last December. The 25-year-old has already made three All-Star teams and won four Silver Slugger awards in his six-year MLB career.
This article will be updated soon to provide more information and analysis.