The New York Yankees "upgraded their initial bid" to star outfielder Juan Soto, according to the New York Post's Jon Heyman. Heyman reported the Bronx

The New York Yankees and Boston Red Sox may be on the precipice of a bidding war when it comes to signing free agent outfielder Juan Soto. MLB insider Jon Heyman of the NY Post reported Tuesday that the Red Sox had emerged as true contenders for Soto after a recent pitch to the 26-year-old.

Soto’s free agent decision is the biggest domino of the offseason. Several financial heavyweights — including the Mets, Yankees, Red Sox, and Blue Jays — are seemingly prepared to commit more than $40 million per year in pursuit of the 26-year-old superstar.