Carlos Correa to Mets - 12 Years, $315 Million

[Axman59]

2 hours ago, MrTPlush said:

Well, you can’t do it in the way you are describing…because guaranteed years are exactly that, guaranteed. You’d have to make them player options contingent on health. Not sure if you can direct it towards a specific injury or have to just base it on IL stays in general. If it can’t be directed towards a specific issue then it definitely isn’t going to happen.

I can’t imagine a guy signing a massive deal over a decade long is going to agree to that though. He would be better off just taking less money that is actually guaranteed.

Quote

Puma writes there’s some consideration being given to the possibility of including a provision that’d protect the Mets in the event Correa’s right leg proves problematic during the contract term.

That kind of provision is rare but not completely without precedent. As an example, fellow Boras Corporation client J.D. Martinez altered his deal with the Red Sox over the 2018-19 offseason after the team flagged a foot issue during his physical. The sides moved forward with their agreed-upon five-year, $110MM framework but included stipulations that would’ve allowed the Red Sox to opt out of the final two years of the contract in the event Martinez suffered another foot injury that resulted in a lengthy injured list stint (as reported by Evan Drellich, then of NBC Sports Boston). Martinez never suffered a serious injury and wound up playing out the five-year deal before hitting free agency again this winter.

Per MLBTradeRumors.com  

That's how they would do it. 12 year deal with opt out for the Mets. If you're hung up on my use of the word "guaranteed" then remove the word.

[Brewcrew82]

The longer this drags out, the more I doubt Correa actually becomes a Met. Anyone else getting this vibe? 

And then supposedly other teams have begun to contact the Correa camp...

[Brock Beauchamp]

1 hour ago, Brewcrew82 said:

The longer this drags out, the more I doubt Correa actually becomes a Met. Anyone else getting this vibe? 

And then supposedly other teams have begun to contact the Correa camp...

I think Boras is playing hardball with Cohen to see who blinks first. I think Boras has the upper hand here, at least a little.

If I'm picking one team to land Correa, it's the Mets... but up against the field, not as confident about that. Add together the chances of the Twins, Giants, Yankees, maybe even someone like the Dodgers swooping in unexpectedly and that might be better than coin flip odds, in my opinion.

[Brewcrew82]

Just now, Brock Beauchamp said:

I think Boras is playing hardball with Cohen to see who blinks first. I think Boras has the upper hand here, at least a little.

If I'm picking one team to land Correa, it's the Mets... but up against the field, not as confident about that. Add together the chances of the Twins, Giants, Yankees, maybe even someone like the Dodgers swooping in unexpectedly and that might be better than a coin flip odds, in my opinion.

Yeah. Supposedly it’s a “55 percent chance” that he stays with the Mets, which is basically where you’re saying. 
 

But to me that seems down from what it was a few days ago and could dwindle even further the longer this goes on.

With how quiet the Dodgers have been this off-season and their glaring hole at SS, I’d be tempted to put my money there if 2017 never happened.

[Brock Beauchamp]

7 minutes ago, Brewcrew82 said:

Yeah. Supposedly it’s a “55 percent chance” that he stays with the Mets, which is basically where you’re saying. 

But to me that seems down from what it was a few days ago and could dwindle even further the longer this goes on.

With how quiet the Dodgers have been this off-season and their glaring hole at SS, I’d be tempted to put my money there if 2017 never happened.

Yeah, when I heard the Mets balk about his medicals, I thought he'd be signed within a day and Cohen would either just override the front office or they'd quickly come to a resolution with Boras.

Now I'm more at a "flip a coin" opinion, heads he goes to the Mets, tails he goes to the field.

[Brewcrew82]

Just now, Brock Beauchamp said:

Yeah, when I heard the Mets balk about his medicals, I thought he'd be signed within a day and Cohen would either just override the front office or they'd quickly come to a resolution with Boras.

Now I'm more at a "flip a coin" opinion, heads he goes to the Mets, tails he goes to the field.

Too bad the Twins already spent their money on Joey Gallo…

[Brock Beauchamp]

1 minute ago, Brewcrew82 said:

Too bad the Twins already spent their money on Joey Gallo…

Left-handed corner outfielders with significant flaws are the Twins' Pokemon.

[Fear The Chorizo]

Correa's deal with the Twins that he opted out after one season was a 3 yr deal, yes?

Seems to me he should've taken a longer look at his own medical history before opting out of another $70M or so guaranteed to fish for a mega contract that a team rightfully wants to give to a player with no longterm injury concerns at the time he signs a deal that pays him until he's 40.  Part of this saga has to be with Boras' clients being less than forthcoming with medicals.

I think if Correa doesn't sign with the Mets, which would entirely be due to medical concerns a 2nd team that tried inking him to a monster contract this offseason had, it's more likely that Correa doesn't play in 2023 than sign with a different team knowing how Boras operates.

[Brock Beauchamp]

3 minutes ago, Fear The Chorizo said:

Correa's deal with the Twins that he opted out after one season was a 3 yr deal, yes?

Seems to me he should've taken a longer look at his own medical history before opting out of another $70M or so guaranteed to fish for a mega contract that a team rightfully wants to give to a player with no longterm injury concerns at the time he signs a deal that pays him until he's 40.  Part of this saga has to be with Boras' clients being less than forthcoming with medicals.

I think if Correa doesn't sign with the Mets, which would entirely be due to medical concerns a 2nd team that tried inking him to a monster contract this offseason had, it's more likely that Correa doesn't play in 2023 than sign with a different team knowing how Boras operates.

I'm not really sure anybody actually knew about this problem. The Twins did a medical last year and given the privacy concerns of medical reports, hard to say what they know or don't... but we do know they turned around and offered Correa a ten year deal last month so they obviously weren't hand-wringing too badly over his medicals.

[Fear The Chorizo]

1 minute ago, Brock Beauchamp said:

I'm not really sure anybody actually knew about this problem. The Twins did a medical last year and given the privacy concerns of medical reports, hard to say what they know or don't... but we do know they turned around and offered Correa a ten year deal last month so they obviously weren't hand-wringing too badly over his medicals.

Do we know whether that 10 year deal included opt-out language in the event an injury they knew about caused longterm issues with Correa or not?  

[Brock Beauchamp]

Just now, Fear The Chorizo said:

Do we know whether that 10 year deal included opt-out language in the event an injury they knew about caused longterm issues with Correa or not?  

My understanding is that it was a straight-up ten year deal. No opt-outs, no trade clause may have been included.

[Fear The Chorizo]

9 minutes ago, Brock Beauchamp said:

My understanding is that it was a straight-up ten year deal. No opt-outs, no trade clause may have been included.

I don't think that's been confirmed one way or the other and never will be publicly...

Also, Correa's leg injury history is pretty well known given the broken leg/ligament damage he suffered back in 2014 sliding into a base that required surgery.  That's part of the reason he only signed a 3 year deal with a very high AAV last offseason.  There have been some injury concerns with his back in recent years as well...we as Brewer fans have seen firsthand what that can turn into with great players as they age even a little bit.  Correa has been a very good to great player since his significant leg in jury in 2014, but those type of injuries become chronic problems that cut a career short as a player ages, particularly one who is 6-4 and every bit of 225 pounds.  

[jerichoholicninja]

Cohen has given zero craps about throwing his money around at anyone and everyone this offseason. The fact that this deal hasn't been finalized yet should be of great concern to Correa or anyone else that signs him.

[Brock Beauchamp]

This is a fun satirization of the Correa situation.

https://twinsdaily.com/news-rumors/just-for-fun/carlos-correa-satire-mets-deal/

[brewcrewdue80]

On 12/28/2022 at 8:58 PM, Brewcrew82 said:

Yeah. Supposedly it’s a “55 percent chance” that he stays with the Mets, which is basically where you’re saying. 
 

But to me that seems down from what it was a few days ago and could dwindle even further the longer this goes on.

With how quiet the Dodgers have been this off-season and their glaring hole at SS, I’d be tempted to put my money there if 2017 never happened.

Dodgers aren't spending to remain below luxury tax. They are locked in to Otani signing as a FA next offseason. Bauer being activated left them with no wiggle room to sign a big money contract.

 

Side take on Correa. Guy has 70Mil on table for 2years, opts out.  The medicals are sending red flags.  Time to wonder does Correa feel what is being found out affecting him in 22 and knows he's about to crumble to someone who should be out of baseball.  Rather than take 70mil and disappear, let's get 10+years and more money to ride the IL with. He may feel his only chance to make over 100mil the rest of his career was sign now before he Chris Davis'd and torpedoed his value.

He's going to accomplish that higher than 70mil future. But now he and whoever he plays for is creating a Games played/PAs yearly incentive laden deal. Gotta be a nightmare for MLB with salary implications. I'm thinking it's going to be like 120mil guaranteed and multiple trigger levels for 10-11 seasons.

Example like 

375PAs 1Mil

425PAs 2mil

475 3mil

525 3.5

600 4mil

650+ 4.5M

Talking 18Mil in that idea he could add to a base 12Mil salary.  Clearly the Mets are roided to be over the luxury tax and each level adds to their penalty. The length on the contract has to be a precedence setting deal for that type of structure. Does MLB or MLBPA want it set? Is another question.

[monty57]

On 12/29/2022 at 3:15 PM, jerichoholicninja said:

Cohen has given zero craps about throwing his money around at anyone and everyone this offseason. The fact that this deal hasn't been finalized yet should be of great concern to Correa or anyone else that signs him.

Agree. Cohen has been spending a lot, but he is a smart guy, and he brought in a bunch of his hedge fund guys to help out. They have spent their life focusing on risk, so while he's spending, he isn't going to be foolish.

[owbc]

1 hour ago, brewcrewdue80 said:

Dodgers aren't spending to remain below luxury tax. They are locked in to Otani signing as a FA next offseason. Bauer being activated left them with no wiggle room to sign a big money contract.

Side take on Correa. Guy has 70Mil on table for 2years, opts out.  The medicals are sending red flags.  Time to wonder does Correa feel what is being found out affecting him in 22 and knows he's about to crumble to someone who should be out of baseball.  Rather than take 70mil and disappear, let's get 10+years and more money to ride the IL with. He may feel his only chance to make over 100mil the rest of his career was sign now before he Chris Davis'd and torpedoed his value.

He's going to accomplish that higher than 70mil future. But now he and whoever he plays for is creating a Games played/PAs yearly incentive laden deal. Gotta be a nightmare for MLB with salary implications. I'm thinking it's going to be like 120mil guaranteed and multiple trigger levels for 10-11 seasons.

Example like 

375PAs 1Mil

425PAs 2mil

475 3mil

525 3.5

600 4mil

650+ 4.5M

Talking 18Mil in that idea he could add to a base 12Mil salary.  Clearly the Mets are roided to be over the luxury tax and each level adds to their penalty. The length on the contract has to be a precedence setting deal for that type of structure. Does MLB or MLBPA want it set? Is another question.

Every west coast team besides Oakland is going to be bidding on Ohtani. Not to mention the usual east coast suspects. We know San Francisco is sitting on the Correa cash that they didn't spend. Seattle may have sat out this year in order to conserve funds for Ohtani. 

Prediction: Ohtani to Colorado. 

[CheezWizHed]

On 12/30/2022 at 12:40 PM, Brock Beauchamp said:

This is a fun satirization of the Correa situation.

https://twinsdaily.com/news-rumors/just-for-fun/carlos-correa-satire-mets-deal/

Quote

 

• The Green Bay Packers. Reasons: Scott Boras balks at payment in worthless company stock; Correa thinks Kroll’s butter burgers are overcooked, has also never played football.

 

I'm greatly insulted!  Correa has to buy his worthless stock just like the rest of us!

[monty57]

https://www.mlbtraderumors.com/2023/01/reports-mets-frustrated-by-correa-negotiations-twins-have-rejoined-bidding.html

Here you go @Brock Beauchamp Twins back in the Correa race.

[Brock Beauchamp]

Yep. I've heard the Twins made an offer, Boras countered, and the sides aren't that far apart.

This is pure and utter insanity. To say I'm exhausted by it is an understatement. I think I've spent more time over the past six weeks writing about, thinking about, and tweeting about Carlos Correa than I've spent talking to my kids.

[wibadgers23]

1 minute ago, Brock Beauchamp said:

Yep. I've heard the Twins made an offer, Boras countered, and the sides aren't that far apart.

This is pure and utter insanity. To say I'm exhausted by it is an understatement. I think I've spent more time over the past six weeks writing about, thinking about, and tweeting about Carlos Correa than I've spent talking to my kids.

What are the Twins looking at in terms of an OD payroll, assuming they get a deal done with Correa?

[Brock Beauchamp]

2 minutes ago, wibadgers23 said:

What are the Twins looking at in terms of an OD payroll, assuming they get a deal done with Correa?

They're at about $100m right now and were at $150m last season. They have a ton of payroll space, which has made this offseason extremely aggravating.

[wibadgers23]

27 minutes ago, Brock Beauchamp said:

They're at about $100m right now and were at $150m last season. They have a ton of payroll space, which has made this offseason extremely aggravating.

Is it just market size that makes the Twins able to spend more than Milwaukee?  Same geographic region obviously but I'm assuming the Twins make more from TV deals, etc.  It's frustrating as a Brewers fan to see the Twins with a $150m payroll.

[Brock Beauchamp]

14 minutes ago, wibadgers23 said:

Is it just market size that makes the Twins able to spend more than Milwaukee?  Same geographic region obviously but I'm assuming the Twins make more from TV deals, etc.  It's frustrating as a Brewers fan to see the Twins with a $150m payroll.

The Twins market is at least 50% larger than Milwaukee. People don’t really realize this but the TC is the third largest Midwest metro behind Chicago and Detroit.

But the Twins TV deal is terrible, barely larger than the Brewers. But their deal expires after the season so it should jump upward quite a bit. 

[owbc]

1 hour ago, Brock Beauchamp said:

They're at about $100m right now and were at $150m last season. They have a ton of payroll space, which has made this offseason extremely aggravating.

The only thing this drama is missing is for an unnamed mystery team to jump into the bidding. 

Payroll disparities are a big topic in MLB fan bases right now. I feel like Brewers fans are kind of collectively shrugging their shoulders but some of these mid-market fans aren't as familiar with feeling poor. Seeing the Padres and Phillies ride their spending sprees to the NLCS didn't help, even as many argue that their decisions will hurt them in the long run.