The Sailors lock up one of the sport’s brightest young stars to a record deal as they agree to a contract extension with the AL Rookie of the Year nominee. Julio Rodriguez, The deal, which begins this season, guarantees the young star $210 million over 12 years and includes options for the players and the club to extend the term of the contract and increase the total value to $470 million. Rodriguez, an Octagon client, is also reported to be receiving a full no-trade clause.
It is one of the most complex contracts in Major League history. according to reports ESPN. by Jeff Basson And this Ken Rosenthal From CorridorsRodriguez will make $120 million in 2029. According to Rosenthal, that’s a $15 million signing bonus, with $105 million spread between 2023 and 2029. After the seventh year of the contract (2028), the Sailors have to decide whether they will indeed re-extend Rodriguez for another eight or 10 years, depending on the size and value of the long-term “club option” on Rodriguez. to the best player. The first seven seasons of the decade.
At the very least, Seattle will decide whether to extend the contract for eight more years and $200 million. If Rodriguez receives two or three top-10 votes in his first seven years, that number will increase to $240 million over eight years. If he wins the MVP award and finishes in the top five again, he will be worth $260 million over eight years, with four top ten finishes, and $280 million over eight years. neither He was in the top five of the Most Valuable Player poll three times. If Rodriguez wins both Player of the Year awards, the value of the option will increase to $350 million over ten years neither In the top five of the voting on four occasions. Should the Mariners exercise Rodriguez’s option, the cap would be 18 years on the contract and $470 million in total value.
If the Sailors do not exercise his multi-year option after seven years, Rodriguez will have a five-year, $90 million player option that he can exercise after the eighth year of his contract. (That option could be worth up to $125.5 million based on Silver Slugger votes and All-Star appearances.) That $90 million figure is guaranteed money, like all player options . Rodriguez’s guaranteed lands are at the aforementioned $210 million, between the $120 million that will be paid over the next eight seasons and the original value of the players’ options. There is, of course, a scenario where the Mariners don’t pick up a “club option” for 8-10 years, and Rodriguez also declined a five-year, $90 million “player option,” which would then give him access to free. agency will allow access. He raised $120 million in eight years, when he left for his campaign in his thirties.
The 21-year-old Rodriguez broke ground for the Mariners this season, and after a grueling two weeks earlier in the year, he quickly rose to stardom and established himself as the favorite for Rookie of the Year honors. He is currently hitting .269/.328/.471 with 20 home runs, 19 doubles, triples and 23 steals (in 29 attempts), as well as above-average defensive contributions in the middle zone.
Those numbers are at least skewed due to a poor start to the year as Rodriguez struggled to .136/.208/.159 at a 45% strikeout rate. On April 22, Rodriguez was slashing at a .285/.342/.508 clip. That output is roughly 46% better than the league average after park and league weights on the WRC+ scale, putting Rodriguez in a three-way tie. Alex Bergman It has also recently been expanded Austin Riley 12th among the league’s top ranked hitters. Rodriguez also ranks 13th in both average escape velocity (92 mph) and hardest hit rate (49.6%) in that span, and his 14.9% barrel average over that stretch it is the ninth best mark for an MLB.
Add in the fact that he did it all at age 21 and left Triple A entirely, and Rodriguez’s rookie season is even more spectacular. Given the lack of seasoning at such a young age, it’s entirely possible that while Rodriguez is already one of the best hitters in the game, we haven’t seen his best yet.
Defensively, Rodriguez has more than held his own in the midfield this season, turning positives into saves (2), full-field scores (0.3) and averages (5). Several scouting reports prior to his MLB debut suggested that as Rodriguez ages and continues to fill out, he may be destined for an outfield corner hole, but his raw power is in the 70s or 80s and, given the hard work up the middle this season, he’ll have the bat and the defensive pieces to be an above-average contributor in both right and left field.
It’s easy to see why the Sailors jumped at this opportunity to keep Rodriguez longer, and they did so with a huge, complicated contract. The $210 million guarantee would set Rodriguez the record for the largest contract signed by a player in less than a year of major league service time. The gap currently belongs to Razz Shortstop Franco’s tourwho he signed to an 11-year, $182 million extension last November.
Rodriguez would easily drop that sign, even if it’s not an apples-to-apples comparison. Franco was not promoted until mid-season and his deal was signed in the winter, when the Rez left him with six full seasons of club control. With Rodriguez on the roster on day one, he will have a full year of service in 2022 and “only” five more years of club control left. In this sense, Rodriguez can technically be considered a player of more than one (between one and two years of service), although even looking at the contract from this lens, it is still a record. The Brian Hayes$70 million expansion The previous record for a player in Pittsburgh was one to two years of service.
Whichever service class most appropriately applies to Rodriguez, this new 14-year deal is now the largest contract ever for a player with less than two years of major league service. In that regard, Rodriguez and the Major League Basketball Players Association will be happy to see the former young stars move on.
Even after saying that, there is still a chance that the contract will go in favor of the sailors. Rodriguez’s earnings will approach the league’s minimum salary over the next two seasons (plus any collectively bargained bonus payments to players prior to arbitration). A player with initial difficulty and mastery is likely to do well in judging, and although we can never tell Absolutely How much is obtained through this process, arbitration is usually based on precedent. find recent comparisons, fake pets He earned $57.5 million for three court seasons. If we put Rodriguez in that broad area, his remaining five years of club control would have netted him around $60 million, perhaps a few million more if he takes home the Player of the Year award and/or Bates was taken away. the precedent beyond. A little further..
Rodriguez would be paid an average of $15 million over the next eight seasons, with the agent buying out at least two free seasons. Obviously, compared to what Rodriguez could make on the open market, he went from year to year and hit the free agent market before his age-27 season, and the Mariners will have a chance to keep Rodriguez. Access free agency anytime on your Prime. This trade-off between risk and reward is undoubtedly the nature of the initial contract extension. Obviously, there is a significant risk of injury or deterioration in Rodriguez’s performance, all factored into the relative discount rate of the open market season.
From a team salary standpoint, there’s plenty of room for Seattle to make that kind of commitment. Much of the team’s recent rebuild has been devoted to removing long-term clutter from the books, e.g. Robinson Kano The business, and the team’s long-term commitments, are pretty low right now. left handed ruby ray He was signed as a shortstop through the 2026 season. GB CrawfordBut at the time they would only raise $37 million. This would have been only Rodriguez’s fifth major league season, so his contract salary may not increase all that much.
In the short term, books are still relevant. sailors who will see the giants Mitch Hanniger And this Adam Fraser Hit free agency at the end of the season and you had over $63 million in guaranteed money on your 2023 payroll before this decade. That number does not include the $8 million option for Wrighty. Chris FlexonAnd that doesn’t include a handful of arbitrage effects: Luis Castillo (earned $7.35 million this season), Diego Castillo ($2.315 million), Paul Swald ($1.735 million), you France (before erb) i Eric Swanson (before the Arabs).
It’s a pivotal day in Mariners history, powerfully fueling the organization’s “win now” mentality as it heads toward a postseason berth that will break a two-decade drought, currently in North America. the main professional sports. There are risks for both sides, but the contract is the continuation of a growing trend of young stars on the rise, in which a player full of primes is guaranteed nine-figure fees. The contract also seals Rodriguez as the new face of Mariners baseball for the next decade, assuring him a charismatic, marketable star around which he can build a roster and sell the product to his fan base.
MLB.com’s Jesse Sanchez earlier mentioned Both parties are close to securing an expansion of more than $200 million, with a total value of up to $450 million. ESPN. by Jeff Basson mentioned Contract term and exact guarantee. USA TODAY Bob Nightingale mentioned There was an agreement. solve And this Details of the financial statements have been provided. rosenthal I also mentioned that the deal has a comprehensive no-change clause.
Image courtesy of USA Today Sports.