Correa agrees with Twins for 6 years, 200M

BaseballJones

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I mean....is the physical for the Twins going to show anything different than what his last 3 other physicals have shown?
 

DeadlySplitter

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Presumably the Twins have said they know more than any other team recently. But I wonder if a scrupulous look at that plated leg after the September injury would change minds.

Updated title to reflect pending physical in this case hehe
 

E5 Yaz

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I mean....is the physical for the Twins going to show anything different than what his last 3 other physicals have shown?
I guess the only difference is that the Twins gave him a physical last year and were okay with it. Plus, 6/200 guaranteed is far less than the 13/315 the Mets ponied up
 

Red(s)HawksFan

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"pending a physical." ummmm..... yeah about that.
So the drama may not be over? Wonderful. ;)

That's an interestingly constructed deal. 6/200 or 10/270 if all goes well. So something of an overpay in the short-term, but a massive bargain if he stays healthy and plays well.
 

JM3

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Without knowing the details, it seems unlikely both that the 4/$70m option would vest, & that Correa would accept it if it meets whatever conditions for it vesting.

ETA after seeing Rosenthal Tweet: Interesting to see if it will be up to Correa if he has the option, or if it's just a vesting year.

The ESPN piece said:

The agreement includes a vesting option that can add another four years to the deal and will become official if Correa passes a medical review, which is expected to begin Tuesday and continue through Wednesday, according to sources.
 

Sandy Leon Trotsky

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So the drama may not be over? Wonderful. ;)

That's an interestingly constructed deal. 6/200 or 10/270 if all goes well. So something of an overpay in the short-term, but a massive bargain if he stays healthy and plays well.
The opt-out is interesting.... I can't imagine he'll ever get any offers after that 6 or 7 year contract expires for more than 1 and done types. That to me also suggests he and Boras know that he's on limited time before he can't move any longer
 

brandonchristensen

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This kind of deal makes SO MUCH MORE SENSE to me than the massive 10+ year deals we keep throwing out there.
 

glennhoffmania

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Putting the money aside for a moment, wouldn't Correa prefer to be a SS for the rest of his career anyway?
 

jon abbey

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He’s making more per year through 2028, we’ll see after that how much this cost him.
 

InstaFace

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Given salary inflation rates in MLB, he might well end up making more than the Mets contract would have paid him. If he plays out the 6 years @ $33M, he'd only have to play another 6 years at a total of $115M (= ~$19.2M / yr) to match the Mets deal, if indeed it was to be 12 years / $315M. Framed as a "bet on himself", it's possible he might even prefer this deal to a fully-guaranteed one on the Mets' numbers.
 

Average Reds

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Given salary inflation rates in MLB, he might well end up making more than the Mets contract would have paid him. If he plays out the 6 years @ $33M, he'd only have to play another 6 years at a total of $115M (= ~$19.2M / yr) to match the Mets deal, if indeed it was to be 12 years / $315M. Framed as a "bet on himself", it's possible he might even prefer this deal to a fully-guaranteed one on the Mets' numbers.
Given that we now have three teams (Astros last year; Giants and Mets this year) who have looked at Correa’s MRI and wouldn’t give him the mega-deal he sought, I’m going to say that the odds he is in a position to score big in 6 years are slim.

I don’t have any issue with Correa, but ballplayers with degenerative joint issues don’t age well. And I’ll be shocked if Correa bucks that trend.

That said, 6/200 is just fine, thank you.
 

Red(s)HawksFan

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Given salary inflation rates in MLB, he might well end up making more than the Mets contract would have paid him. If he plays out the 6 years @ $33M, he'd only have to play another 6 years at a total of $115M (= ~$19.2M / yr) to match the Mets deal, if indeed it was to be 12 years / $315M. Framed as a "bet on himself", it's possible he might even prefer this deal to a fully-guaranteed one on the Mets' numbers.
If he wins a "bet on himself" scenario, he'll trigger the vesting options with the Twins and ultimately end up with 10/270M. That would leave him only two years, his age 38-39 seasons, to get the last $45M to match the Mets deal. Not impossible, but we have seen at least two teams back-pedal on paying him for those years because of his medicals, so I wouldn't bet too much on it.
 

glennhoffmania

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If he wins a "bet on himself" scenario, he'll trigger the vesting options with the Twins and ultimately end up with 10/270M. That would leave him only two years, his age 38-39 seasons, to get the last $45M to match the Mets deal. Not impossible, but we have seen at least two teams back-pedal on paying him for those years because of his medicals, so I wouldn't bet too much on it.
Rosenthal said an extra two years could vest, not four. Is he wrong?

Edit: I see that ESPN said four. I'm confused.

Edit 2: It looks like Rosenthal had two tweets that contradict each other (emphasis mine):

View: https://twitter.com/Ken_Rosenthal/status/1612864984677060616


Correa’s contract is for six guaranteed years and $200M. He can guarantee a seventh year and another $25 million with 502 plate appearances in year six, according a source. Total value can increase to $245M if he gets eighth year. More details to come. Again: Pending physical.
View: https://twitter.com/Ken_Rosenthal/status/1612863366959173687


Source confirms: Carlos Correa in agreement with Twins on six-year, $200M contract. Deal can max out at $270M with vesting options for four additional years. Pending physical. First:
@JeffPassan
,
 
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Red(s)HawksFan

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Rosenthal said an extra two years could vest, not four. Is he wrong?

Edit: I see that ESPN said four. I'm confused.
I don't think that's necessarily contradictory. Passan/ESPN say the deal can max out at 270M via four extra years. Rosenthal says the seventh and eighth years take it to 245M in total salary. Maybe the last two years are worth just 15M?
 

glennhoffmania

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I don't think that's necessarily contradictory. Passan/ESPN say the deal can max out at 270M via four extra years. Rosenthal says the seventh and eighth years take it to 245M in total salary. Maybe the last two years are worth just 15M?
I suppose that's possible. I just posted the two tweets. If that's the case it's pretty sloppy writing.
 

BringBackMo

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6/$200 is also right in the ballpark of the offers Bogaerts was reportedly getting before the Padres dropped their bomb.
 

epraz

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The question is whether those are vesting player options. If so, Correa could make more in those years if his play warrants it.
 

Murderer's Crow

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The Mets approach of annual physical seems overengineered and pretty stupid compared to the traditional contract framework which bases some of the years on AB/IP. If I'm Correa in year 7 and have 600 AB I wouldn't want the rest of my contract canceled because of an MRI that might show something slightly worse than the prior year. I bet the language hiccup was the concept and how year-to-year variance of the injury would be interpreted, appealed, and used for opt-out reasons.

Happy for the Twins but really wanted to see the NYM circus next year with Correa there.
 

jbupstate

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I assumed that was more or less laid to rest when the Mets leaked their concerns.

That contract reflects a huge ding over the initial offerings from everyone else. His foot must be attached with duct tape and staples or something.
I think it’s very clear the Mets asking for a physical every year means they wanted out. That’s a nonstarter for Correa and Boras.

Let’s face it. The Mets could have matched the Twins offer with ease. Glad when players get paid but Correa with his Social Media and the jumping in the arms of his agent stuff show the $$$ talks. Being a winner in Minnesota? Please.

MLB talking about Buxton and Correa make the Twins real.
 

opes

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I think it’s very clear the Mets asking for a physical every year means they wanted out. That’s a nonstarter for Correa and Boras.

Let’s face it. The Mets could have matched the Twins offer with ease. Glad when players get paid but Correa with his Social Media and the jumping in the arms of his agent stuff show the $$$ talks. Being a winner in Minnesota? Please.

MLB talking about Buxton and Correa make the Twins real.
Yeaah, I wouldn't be so fast. They still need to get their SP's figured out. They cycle in AA and AAA pitchers like crazy. Everybody besides 5 guys cant hit .250, and their OF is absolute dreck besides Buxton, but he can't even play 100 games. Up here in MN people have nothing left to live for besides fishing, and the twins are the most frustrating team to watch. Sure it gets them 6 more wins on paper but I'm not convinced it gets them to the playoffs even.
 

JM3

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Tying the vesting options to ABs instead of PAs seems dumb. The whole set up seems weird & bad for Correa if that Tweet is accurate. His medicals must be gruesome.
 

JM3

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Could be the reporting is lazily conflating AB and PA.
That would make a lot more sense considering his career high in ABs is 577.

Regardless, the Twins hold all the power because they can just bench him when they're out of the playoffs if they don't want his stuff to vest. & even if he's great in 10 years, he's going to be making like veteran minimum. He couldn't get a 6/$200m without these negative add-ons?
 

radsoxfan

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From a Mets reporter: the Mets would have required annual physicals after year 6 for further guarantees on a year by year basis.

View: https://twitter.com/MarinoMLB/status/1612873475286503424?s=20&t=ah6A5655f3oCm6bJxga9bg
This is super sketchy as there is really no such thing as "passing a physical".

It's rarely a simple binary thumbs up or thumbs down decision, but rather a discussion about the likely risks from number of acute or chronic injuries many players are able to play with.

If Correa has bad arthritis in his ankle it's always going to be bad, and could easily be a reason to "fail a physical" whenever ownership decided his upcoming salary wasn't worth it.