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The latest updates indicate that the Mets are leading the chase for Soto, with reports suggesting that they have extended an offer estimated around $730 million for 15 years. This figure is not only competitive—it exceeds last season's record-setting contract for Shohei Ohtani, making it clear that owner Steve Cohen is willing to invest heavily to secure a player of Soto's caliber.

John Heyman of the New York Post provided further insights, stating that both the Mets and their New York rivals, the Yankees, have increased their bids significantly, with intrigue around the possibility that Soto could command offers upwards of $800 million. Such astronomical figures were hard to fathom until now, indicating how fiercely teams are competing for elite talent.