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Last Updated: February 19, 2021

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San Diego Padres Sign Fernando Tatis Jr. to 14 Year $340M Contract

Introduction

On Wednesday, February 17th, 2021 the San Diego Padres have made a major commitment to one of their most promising young players they have ever had. The San Diego Padres have signed their 22 year old superstar short stop, Fernando Tatis Jr., to a 14 year contract extension valued at approximately $340 million.

Contract Details

As the ink settles on this fourteen year megadeal between the San Diego Padres and Tatis Jr. let’s take a look at the details of this $340 million extension. All of the $340 million are fully guaranteed, but this contract does not include a signing bonus or any incentives that have been disclosed to the public as of now. Fernando will now average $24,285,714 per year from 2021 to 2034, and he will once again become an unrestricted free agent prior to the 2035 Major League Baseball season.

Other Extremely Large MLB Contracts

The San Diego Padres signing of Tatis Jr. is the third largest deal in the history of Major League Baseball. The Los Angeles Angels had previously signed the Mike Trout to a 12 year $426.5 million contract extension, and he is considered the best player in professional baseball these days. The second highest paid MLB player was Mookie Betts who the Los Angeles Dodgers reached a 12 year $365 million agreement with around a year ago. Last season Betts helped the Los Angeles Dodgers win their first MLB World Series championship since 1988.

MLB Career

During the 2020 MLB shortened season Tatis Jr. batted .277 with 45 RBI’s as well as 17 home runs. He won a Silver Slugger award for his performance last year, and he finished in 4th place in voting for the National League MVP award. Fernando was named to the All MLB First Team for his work throughout the 2020 Major League Baseball season. In 2019 during his MLB rookie season Tatis Jr. hit .317 / .379 / .590 while driving in 53 runs (RBI’s) and 22 home runs.

Odds to Win the MLB 2021 World Series

According to Intertops sportsbook below are the odds to win the MLB 2021 World Series as of Wednesday, February 17th, 2021. Currently the San Diego Padres have the third highest odds to win it all for this upcoming Major League Baseball season.

Team Odds
Los Angeles Dodgers +350
New York Yankees +500
San Diego Padres +700
Chicago White Sox +900
New York Mets +1000
Atlanta Braves +1100
Minnesota Twins +1400
Tampa Bay Rays +1600
Oakland Athletics +1800
Houston Astros +1800
Toronto Blue Jays +2000
Cincinnati Reds +2800
St Louis Cardinals +2800
Cleveland Indians +3300
Washington Nationals +3300
Chicago Cubs +3300
Philadelphia Phillies +3300
Los Angeles Angels +4000
Milwaukee Brewers +5000
Boston Red Sox +5000
Miami Marlins +5000
Arizona Diamondbacks +8000
Seattle Mariners +8000
Detroit Tigers +10000
Kansas City Royals +10000
Texas Rangers +10000
San Francisco Giants +10000
Colorado Rockies +12500
Baltimore Orioles +12500
Pittsburgh Pirates +15000

 

Sources:

“San Diego Padres, Fernando Tatis Jr. agree on 14-year, $340 million deal”, espn.com, February 17, 2021.

“Fernando Tatis Jr.”, spotrac.com, February 17, 2021.

“Fernando Tatis Jr.”, wikipedia.org, February 17, 2021.

“United States, MLB Futures, MLB 2021 World Series: To Win Outright”, intertops.eu, February 17, 2021.


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