The Nationals continue to get a huge bargain on the services of Juan Soto. Jim Rassol-USA TODAY Sports

The Nationals have renewed Juan Soto’s contract and will pay the outfielder $629.4K in 2020, USA Today’s Bob Nightengale reports. The two sides were unable to agree on a salary for 2020, and thus the Nationals simply set their own figure for Soto’s contract in the coming season, as is the team’s right since Soto is a pre-arbitration player.

Each club has its own methodology for determining how much beyond the $563.5K minimum salary pre-arb players can earn, usually based on some type of formula that assigns extra money for service time and/or significant achievements. Pre-arbitration players can’t really negotiate since the club controls their rights, so the large majority of pre-arb players simply agree to whatever figure is offered. Some pre-arb players coming off particularly outstanding seasons, however, feel they should be better rewarded for this performance, and sometimes opt to turn down the team’s offered raise rather than accept what they feel is simply inadequate compensation.

Needless to say, Soto has delivered far above and beyond the slightly more than $1.1M in salary he has earned over his first two MLB seasons. As Soto enters his age-21 season, the phenom has already hit .287/.403/.535 with 56 homers over 11,153 plate appearances and played a primary role in the Nationals’ 2019 World Series championship. As per Fangraphs’ evaluations, Soto has already delivered $67.9M worth of production with his 8.5 career fWAR.

The Cardinals’ Jack Flaherty was another young star who took a renewal this spring rather than accepting his club’s terms, and several other notable players (including Mike Trout, Mookie Betts, Carlos Correa, Blake Snell, Josh Hader, and even Soto’s Nats teammate Ryan Zimmerman) have also their pre-arb deals renewed over the years. Flaherty described his decision to turn down the Cards’ offer as a matter of “principle,” and a protest against baseball’s salary structure rather than against his particular team.

As we saw with Trout, Snell, and Zimmerman, contract renewals didn’t lead to hard feelings that prevented those players from signing lucrative multi-year extensions with their teams. There seemingly hasn’t been much news about a potential extension between Soto and the Nationals, though since Soto is controlled through the 2024 season, there isn’t any particular urgency on Washington’s part.

That said, Soto will become arbitration-eligible next winter and is sure to qualify as a Super Two player, so he’ll take four trips through the arb process instead of the usual three. That will only make Soto’s price tag rise even higher if he continues to perform at his elite level, and thus the Nats would certainly have an interest in gaining some cost certainty with the young superstar. 

Scott Boras, Soto’s agent, is usually more likely to advise his clients to test free agency rather than accept an extension, and Soto would potentially be in line for a record-setting contract since he is scheduled to be a free agent in advance of his age-26 season. Boras does have a long history of doing business with the Nationals, however, so it wouldn’t be surprising if a deal was indeed worked out to keep Soto in the District.

More must-reads:

TODAY'S BEST
Anthony Edwards makes declaration ahead of Game 3 against Mavericks
Watch: Matt Vierling's walk-off HR caps wild game in Detroit
Report: Star Japanese pitcher could move to MLB next year
Braves superstar injures knee while running the bases
Royals return Rule 5 pick to Yankees
Sixers viewed as a 'serious danger' to snatch core Nuggets role player
NFL reporter reveals why CeeDee Lamb isn't rushing to sign new contract
Diamondbacks designate struggling right-hander for assignment
Report: 76ers believe this eight-time All-Star would be 'ideal fit'
Pelicans expected to promote from within for GM role
Watch: Massive wreck on first lap delays Monaco Grand Prix
Grayson Murray's parents release heartbreaking statement on cause of death
Rangers designate right-hander for assignment
Florida guard among players withdrawing from NBA Draft
Cubs prospect blasts home run after being thrown at
Stars even series with hard-fought win over Oilers in Game 2
Celtics surge late to take 3-0 lead in Eastern Conference Finals
PGA Tour golfer Grayson Murray dies at 30
Another heartbreak for Justin Allgaier as Chase Elliott wins Xfinity Series race
Former Bengals first-round pick announces retirement