NEW YORK — Fernando Tatis Jr. will have a clause to veto trades until 2028 as part of the $ 330 million, 14-year contract he signed with the San Diego Padres.
After that season, the 22-year-old shortstop will be able to veto trades to 13 teams for the remainder of the tie.
However, Tatis Jr already has two years of service in the Major Leagues, so if he stays with the Padres he will obtain the right to veto after 2028 under the conditions established in the collective contract for being a 10-year veteran in the majors. Leagues and who has been part of your team for five years or more.
His contract included a $ 10 million outlay to sign and will be effective upon receiving approval from the commissioner’s office and a $ 1 million salary this year, his last season before he was eligible for salary arbitration.
It will collect $ 5 million in 2022, $ 7 million in 2023 and $ 11 million in 2024, the three campaigns that would have been covered by arbitration.
Tatis Jr will receive $ 20 million in both 2025 and 2026, the first two seasons of having been eligible for free agency. He will pocket $ 25 million in the 2027 and 2028 campaigns and $ 36 million in each of the last six seasons.
You’ll also enjoy perks like a hotel suite on all visitor tours and the right to purchase a deluxe suite and four of the best seats for all Padres home games.
The Tatis Jr agreement, announced Monday, exceeds the length of the $ 325 million, 13-year agreement that Giancarlo Stanton signed with the Miami Marlins in November 2014. Stanton was traded to the New York Yankees in November 2017. Also the $ 330 million, 13-year who Bryce Harper agreed with the Philadelphia Phillies prior to the 2019 season.
Tatis Jr’s contract is the third largest in terms of money, behind the $ 426.5 million and 12 years of Mike Trout with Los Angeles Angels, effective since 2019; and the $ 365 million and 12-year that Mookie Betts reached with the Los Angeles Dodgers starting this season.
Tatis Jr will have to give a percentage of his salary to the Big League Advance company as part of a contract in which he accepted an advance payment years ago.
Although the details of Tatis’ agreement with the company have not been disclosed, a lawsuit filed by Francisco Mejía in 2018 stated that the Dominican received 360,000 as part of agreements in which he promised to pay the company 10% of his future income. The lawsuit was dismissed, with loss of the right to a new trial.
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