The recent buzz surrounding the New York Yankees has centered on outfielder Juan Soto, and rightfully so. The team made a significant move this offseason, trading five players to bring in the standout slugger, who has just one season remaining before becoming a free agent. Soto is poised to command a hefty payday, potentially rivaling that of Shohei Ohtani.
The decision to acquire Soto was not only about strengthening the outfield but also about exposing him to life in New York City before he enters free agency negotiations. As a left-handed hitter, Soto boasts impressive offensive statistics in the American League, positioning him as a strong contender for the AL MVP title by season’s end.
However, the Yankees also have other impending free agents, including one deserving of consideration for re-signing. Clay Holmes, arguably the AL’s top closer at the moment, has been exceptional this season. With nine saves, an unblemished record, and a flawless ERA, the 31-year-old right-hander has been nothing short of dominant. Holmes’ stellar performance suggests he may be in line for a career-best season, building on his previous achievements of at least 20 saves and a sub-.300 ERA in consecutive seasons.
While Holmes is currently earning $6 million this season, his market value may not reach the heights of top closers like Josh Hader, who signed a lucrative deal with the Houston Astros. Despite the unpredictable nature of closing, Holmes has proven his reliability over the years.
Considering the familiarity and potential benefits of retaining Holmes, it would make sense for the Yankees to pursue him post-season. Speculation suggests a possible three-year extension for Holmes, with an estimated annual value of $10 million.
With each successful save, Holmes is not only enhancing his value in free agency but also contributing significantly to the Yankees, regardless of his future in the Bronx.