Shortstop Carlos Correa and the San Francisco Giants have agreed a 13-year, $350 million deal, a source familiar with the deal told ESPN.
The deal includes a full no-trade clause but does not include opt-outs, the source said. There’s the Giants’ franchise player in Correa, who turned down $160 million from Houston last year, got $35.1 million his year in Minnesota and is now getting the most money ever for an infielder.
It is the fourth largest contract by total value in MLB history, behind only Mike Trout’s $426.5 million deal with the Los Angeles Angels, Mookie Bett’s $365 million deal with the Los Angeles Dodgers and Aaron Judge’s 360 -Million dollar deal with the New York Yankees. The 13-year contract is the longest-ever contract for a free agent and ties Bryce Harper’s 13-year, $330 million deal with the Philadelphia Phillies.
28-year-old Correa’s path as a free agent was far less tortuous than last year, when he entered the market hoping for a $300 million deal but ended up signing a shorter-term contract with the Minnesota Twins, which included an option. out after the first season. That winter, Correa found a market that heaped Trea Turner with $300 million and Xander Bogaerts with $280 million, ending up with the New York Yankees in the second-biggest deal behind Aaron Judge’s nine-year, $360 million contract.
In his only season with the Twins, Correa looked like his old self, hitting .291/.366/.467 with 22 homers and 64 RBIs in 136 games. Despite not matching his 2021 Platinum Glove win, Correa is considered one of the best defensive shortstops in the game, earning his fourth season with more than five wins over the reserve.
The Giants paid him like a superstar as the combination of Correa’s position, age and productivity – regular season and postseason – convinced them to make him one of the highest-earning players in baseball. Prior to Correa, the last player the Giants signed to a $100 million contract was pitcher Johnny Cueto, who settled on a six-year, $130 million contract in December 2015.
Excellence was destined for Correa after he went to the Houston Astros with the No. 1 pick overall in the 2012 draft. He shot through the Astros organization and debuted in 2015 at the age of 20 and won Rookie of the Year. In his sophomore season, Correa was one of baseball’s best players, and in 2017 he helped the Astros win their first World Series title by hitting five home runs and driving in 14 runs in 18 postseason games.
The Astros reached the American League Championship Series in 2018 and the World Series in 2019, with Correa being a fundamental player in their success. But the November 2019 revelation that Houston had employed a sign-stealing system during his championship season sullied the title and landed particularly hard on Correa, who defended the team outright.
Correa’s excellence continued unabated. He was among the top players in the 2020 postseason and continued to play well in 2021, increasing his career postseason streak to .272/.344/.505 with 18 homers and 59 RBIs in 79 games. However, with shortstop prospect Jeremy Pena poised to reach the big leagues, Houston made the move from Correa, whose free-agent market never materialized after an early game with Detroit and resulted in him signing a three-year, 105-year deal $.3 million signed with the twins for which he received $35.1 million in 2022.
In Minnesota, Correa quickly became the clubhouse leader, hitting .307/.381/.496 with 21 homers in his last 120 games. The twins hoped he would return, but realized his market probably wouldn’t collapse like it did after 2021.
In his eight-year career, Correa has compiled nearly 40 WARs – only Mike Trout, Mookie Betts, Nolan Arenado, Paul Goldschmidt and Manny Machado have more on the same stretch – and a career line of .279/.357/. 479 with 155 home runs and 553 RBIs in 888 games. His 12.6 defensive WAR sits fourth behind Andrelton Simmons, Kevin Kiermaier and Arenado.
How long Correa will stay with shortstop is a question several executives have asked during his free agency. The Outs Above Average metric placed him in the bottom 20% of shortstops this season, while Defensive Runs Saved ranked him slightly above average. At 6ft 4 and 220 pounds, Correa is among the game’s tallest shortstops, where he has played all 881 of his career games on the field.
Regardless of where Correa’s gauntlet appears, it’s his racquet that decides the success of the mega deal. And in the short term, it will help determine whether Correa makes the postseason again or misses it for the first time in his career in consecutive seasons.