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File – Tampa Bay Rays’ Wonder Franco singles Yandy Diaz on the first inning of Game 1 of the American League Division Series of baseball teams against the Boston Red Sox on October 7, 2021 in St. Petersburg, Florida. Celebrate after winning in. .. Franco and Rays have signed an 11-year contract for $ 182 million, including club options for the 2033 season, the team announced on Saturday, November 27, 2021. (APPhoto / Chris O’Meara, File_
NS. Petersburg, Florida (AP) —Wander Franco and Tampa Bay Rays have signed a $ 182 million 11-year contract that includes club options for the 2033 season.
A shortstop deal worth up to $ 223 million was announced on Saturday if club options were exercised and incentives were reached.
“Today is a great day for Wonder and Rays and evidence of mutual trust between Wonder and our organization,” Rays Principal Owner Stuart Sternberg said in a statement. “We are committed to defending our competitive team each year, and we all hope that the presence and contribution of Wonder will play a major role in maintaining our standards of excellence. I am. “
Tampa Bay won the AL East in 2021, but was eliminated by Boston in the ALDS.
This deal is Raise’s greatest financial commitment to players in the 24-year history. It’s also the biggest deal in Major League Baseball history for players with less than a year of Major League Baseball service.
Franco is the fifth player to sign a long-term extension with the team with less than a year of experience in the big league. Others include third baseman Evan Longoria (2008), left-handed Matt Moore (2011), right-handed Chris Archer (2014), and second baseman Brandon Lowe (2019).
“The pace at which Wonder has evolved speaks to his potential,” said Erik Neander, head of baseball at Rays, in a statement. “I’ve seen him do something special on the field, especially for 20-year-old players. He’s a very ambitious and up-and-coming superstar and has long contributed to our success. can.”
Franco made his major league debut on June 22, hitting a three-run home run. He hit .288 with 18 doubles, 5 triples, 7 home runs and 39 RBIs in 70 games. He finished third in the American League Key of the Year vote.
Franco increased his on-base percentage in 43 games, making Cincinnati’s Frank Robinson (1956) the longest tie in Major League Baseball history among players under the age of 21. ..
Franco would have been a free agent since the 2027 season. He will receive a $ 5 million contract with a $ 2.5 million payment on December 1st and June 1st, 2022.
The breakdown of the annual salary is $ 1 million in 2022, $ 2 million in 2023 and 2024, $ 8 million in 2025, $ 15 million in 2026, $ 22 million in 2027, and 2500 for each of the last five seasons. It’s 10,000 dollars. The club option for 2033 is $ 25 million and the buyout is $ 2 million.
Franco’s contract also includes a salary escalator if he is in the top five in the AL MVP vote. If he trades before April 2, 2029, Franco will receive a $ 3 million allocation bonus.If he trades after April 2, 2029, it will drop to $ 2 million
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Franco signs $ 182 million 11-year contract with Tampa Bay | WGN Radio 720
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