San Diego Padres left fielder Juan Soto. Kamil Krzaczynski-USA TODAY Sports

Padres president of baseball operations A.J. Preller and renowned agent Scott Boras each conducted media sessions Wednesday afternoon at the GM Meetings. Unsurprisingly, Juan Soto’s future was a point of discussion in both pressers.

As he did shortly after the regular season concluded, Preller suggested the Padres’ hope is to work out a long-term extension (link via AJ Cassavell of MLB.com). At the same time, he didn’t rule out the possibility of a trade if no deal came together. 

“Juan long-term [versus] Juan on a one-year deal, that brings different dynamics,” Preller acknowledged. “We understand what that means for our roster both short-term and long-term.”

With Soto a year from free agency and projected by MLBTR contributor Matt Swartz for what would be a record $33M arbitration salary next season, an extension will be challenging. 

Still, the Friars are seeking to compete in 2024. Trading Soto would clear payroll room that could be reallocated to plugging multiple holes in the rotation but would obviously subtract one of the game’s top hitters from the lineup.

Kevin Acee of the San Diego Union-Tribune wrote Wednesday evening that the Friars are likely to consider trade possibilities this offseason. That’s well shy of saying a move is probable, of course, and Cassavell notes that many within the organization understandably prefer to hold onto the star outfielder.

Boras confirmed that the Padres have signaled a willingness to retain Soto. “(I) met with the Padres, they laid out their plan for next year which obviously included a lineup that definitely includes Juan Soto,” the agent told reporters. “He’s their one .900 OPS player. They’re looking for more left-handed bats, rather than less.”

That doesn’t foreclose a trade, although it’s clear the Padres will continue to speak with Boras about extension scenarios before seriously considering moving him. 

“We’re going to have conversations with Scott and his group about what it looks like long-term,” Preller said (via Cassavell). “Our position-player team, we think, is very strong. Keeping that group together, adding to the pitching — that’s one plan.“

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