Fernando Tatis Jr. to sign 14-year, $ 340 million mega-deal with Padres: report

1613620568_social.jpeg

<div id=”js-article__body” itemprop=”articleBody” data-sbid=”WP-MKTW-0000170013″>

Fernando Tatis Jr., already one of the most exciting players in baseball, reportedly has a spectacular contract to match. The 22-year-old shortstop agreed to a 14-year, $ 340 million contract extension with the San Diego Padres, The Athletic reported for the first time Wednesday night. The deal is the longest in Major League Baseball history and one of the largest contracts in American sports.

The deal reportedly includes a full no-trade clause and establishes Tatis as the face of the Padres, for better or for worse, for the next decade. Although he is already a superstar, some critics already say that the deal is too much for such a young player. Tatis has played just two seasons in the major leagues, hitting .301 / .374 / .582 for 39 home runs, 98 RBIs and 111 runs in that time. Last year he led the Padres to the playoffs for the first time in 13 years and finished fourth in MVP voting. It is the third-richest deal in MLB history (behind Mike Trout and Mookie Betts), and the largest ever for a player prior to arbitration. It is believed to be the fifth largest contract in all of sports; Along with Trout and Betts, Kansas City Chiefs quarterback Patrick Mahomes rounds out the top four, with soccer icon Lionel Messi holding the world’s largest contract, a four-year contract with Barcelona. about $ 673 million. Tatis is apparently not the only big contract winner. He signed an agreement with investment firm Big League Advance before the 2018 season, which paid him an advance as a minor league player in exchange for a portion of his future earnings. According to a 2020 report from Sportico, the typical deal gives Big League Advance an 8% cut of a player’s MLB earnings, which would be roughly $ 27.2 million loot from Tatis’s extension.