This article explains some of the details of the vested contract. If Correa gets 502 plate appearances in year 6, then he will be able to continue to receive additional years with the Twins for up to $70 mil more as stated in the schedule.
If he vests year 7 he will receive $225 mil
If he vests year 8 he will receive a total of $245 mil.
It ends with 10 years and a total of $270 mil.
Year | Salary |
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2023 | $33.3 million |
2024 | $33.3 million |
2025 | $33.3 million |
2026 | $33.3 million |
2027 | $33.3 million |
2028 | $33.3 million |
2029* | $25 million |
2030* | $20 million |
2031* | $15 million |
2032* | $10 million |
*Indicates vesting year.
Correa can vest Year 7 (2029) of the deal with 502 plate appearances in Year 6.
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The Twins are offering a front loaded contract of $200 mil guaranteed for the 1st six years, while the Mets only offered $157.5 mil for the 1st 6 years.
The Mets 2nd 6 years were conditional and Correa couldn't get past the language according to John Heyman.
In the end, it's a win for the Twins and the American League.
It's deja-vu all over again for Correa.
www.sportingnews.com
After reported Giants and Mets deals, he delivered another stunner -- Boardroom takes a look at the Twins' Carlos Correa contract particulars
boardroom.tv
Also: Bleacher Report Jan. 10. 2023 by Adam Wells
Report: Carlos Correa, Twins Agree to $200M Contract After Failed Mets, Giants Deals