7:48pm: The deal provides Tatis with full no-trade rights, MLB.com’s Mark Feinsand tweets. There’s a $10MM signing bonus.
7:36pm: The Padres have agreed to a historic 14-year deal with superstar Fernando Tatis Jr., according to Kevin Acee of the San Diego Union-Tribune (via Twitter). It is worth a guaranteed $340MM, Robert Murray of Fansided adds on Twitter.
While the deal covers a staggering number of years, it’ll only take Tatis through his age-35 season. The young superstar only just celebrated his 22nd birthday.
This pact sets a record for pre-arbitration deals by a rather healthy margin. The great Mike Trout had held the record with a $144.5MM deal. In Trout’s case, of course, the contract covered only six seasons — until it was further extended a few years later. Tatis’s guarantee falls just shy of the $360MM of additional money Trout received in the second agreement.
More to come …