Three discoveries that arise from the complex process to sign Carlos Correa
If the case of Carlos Correa in free agency he went to the movies or some alternative platform in documentary format, the viewers would not leave the room even when the screen is rolling the credits. Surely there they would be discussing the details of the shooting, the doubts they were left with, what they learned.
Someone will surely leave the room swinging, or touching their watch, like Correa’s gesture when he said “It’s my time to show off.”
For almost a month, Correa kept not only Major League Baseball (MLB) in expectation, but thousands of fans who followed the case until the end, which was happy for Minnesota and also for the player, according to the first expressions he made in the press conference.
In the midst of all this, let’s look at three details that what is possibly the most complicated negotiation that the renowned agent Scott Boras has had to handle in his career has taught us.
Minnesota loves Correa
One of the main lessons of the process is that Minnesota sees lights for Correa, who was chosen as the MVP of the Twins season in 2022.
He came to that conclusion Carlos Baerga, based on Minnesota having the detachment to sign the player who decided to take another course in free agency after the Twins made him the highest-paid shortstop in terms of annual salary last year and offered him an extension. on a 10-year, $285 million contract, his biggest offer ever when they were trying to persuade him to stay with them while San Francisco offered $350 million and the New York Mets were willing to pay $315 million. Baerga added that he now has more admiration for the Twins, who were Correa’s third choice in free agency.
“As a friend, as a Puerto Rican, I feel very proud and happy that Carlos Correa’s Netflix movie is over. I’m happy for him. Minnesota showed that it adores Carlos Correa, who should not have left there from the beginning. Minnesota re-signs him for his lead,” Baerga said.
Correa played with the Twins in 2022 for $35.1 million. The contract with the team was for three years for $105.3 million, and included an option for the player to choose to return to free agency after one year, which he welcomed and began filming the “documentary” that would focus on how due to concerns about his physical health he lost $150 million in relation to San Francisco’s offer by signing only for $200 million and six years with the Twins, although there are options for another four years later that could raise the final deal to $270 millions.
Physical exams are not so academic
The case highlighted the process of physical examinations that players have to undergo before a contract is confirmed, sealed and sent to the bank. The process is known, but it was unknown that they were not as academic as they seemed.
Correa had to take three of those exams in less than a month, one for each team with which he agreed. San Francisco had reservations to the point that he withdrew his offer. The Mets also had doubts to the point that they checked after failing to change the terms of their offer literally in half. And the Twins also did an exam on Correa, possibly ‘just in case’ they reflected something new, because they already had a file on the player.
Puerto Rican MLB player agent Melvin Román said that failed exams are more common than negotiations show. He recounted a case of a client of his who was rejected by one team and signed with a second team for fewer years and less money.
“It happens all the time,” explained Román, who has current manager Yadier Molina and catcher Christian Vázquez as clients. “I had a player in 2014 who failed a test with a team he had agreed to for $14.3 million, three years and ended up signing in Colorado for $8 million, two years.”
“It also happens in the draw for amateur players. After a physical examination, the amount of the signing bonus may drop,” added Román.
The consequences are clear
The numbers Correa signed for at six years and $200 million versus the starting numbers the Giants originally offered him at $350 million and 13 seasons are somewhere in between, though both offers are valuable.
The reduction in money and seasons is evidence that the flag raised by Correa’s physical exams is serious, even though the player can execute on the field even overcoming pain when running, batting or defending.
The flag makes the teams activate their defensive mechanisms.
“Whenever you fail an exam there will be consequences in the contract, or the options remain open with other teams, which will give a lower offer,” concluded Román.