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Learn about the financial details of Carlos Correa’s contract

The new contract for Carlos Correa with the Minnesota Twins It will be for six years and $200 million guaranteed, but it also contains some clauses that could represent other substantial amounts of money for the Puerto Rican baseball player.

Twins management guaranteed him the $200 million divided as follows.

Correa will receive a base salary of $32 million for the first two years plus a signing bonus of $1,333,333 for a total of $33,333,333. In season three, salary will increase to $36 million along with a bonus of $1,333,333 for a total of $37,333,333.

For the 2026 season, the salary drops to $31 million 500 thousand, in addition to the bonus of $1,333,333 for a sum of $32,8333,333. In the next one, the salary will be $30,500,000 plus the bonus of $1,333,333 for a total of $31,833,333.

In year six of the agreement, Correa will receive $30 million in addition to the $1,333,337 bonus for $31,333,337, which represents $200 million.

Now, for the next four years, the organization is the one that maintains control of the decisions.

For the 2029 season, when Correa would be 34 years old, a clause would take effect that would pay him $25 million if one of the following scenarios occurs:

Complete 575 at-bats, finish in the top five in MVP voting in 2028, earn the Silver Slugger Award in 2028, are the 2028 ALCS MVP, or are the World Series MVP in 2028.

The conditions for 2030 are similar. Correa would have to amass 550 at-bats, be in the top five voting for the MVP award in 2029, win the Silver Slugger award in 2029, is the MVP of the ALCS in 2029 or he’s the World Series MVP in 2029. If one of those happens, his salary would be $20 million.

For the 2031 season, Correa would have to rack up 525 at-bats, be in the top five MVP voting in 2030, win the Silver Slugger in 2030, is the ALCS MVP. the American League in 2030 or is the MVP of the World Series in 2030. If one of those happens, his salary would be $15 million.

For the 2032 season, Correa would have to rack up 502 at-bats, be in the top five MVP voting in 2031, win the Silver Slugger in 2031, is the ALCS MVP. the American League in 2031 or is the MVP of the World Series in 2031. If one of those happens, his salary would be $10 million.

If Correa does not meet the established metrics, the organization automatically maintains the option to retain or release the player.

In the event that Correa remains in Minnesota for 10 years, the total amount of money he would receive is $270 million.

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