Carlos Correa

Carlos Correa signed a 6 year / $200,000,000 contract with the Minnesota Twins, including $200,000,000 guaranteed, and an annual average salary of $33,333,333. In 2023, Correa will earn a base salary of $32,000,000 and a signing bonus of $4,000,000, while carrying a total salary of $33,333,333.

Year		Age	Service	Status	Base Salary	Signing Bonus	Luxury Tax Salary	Payroll Salary	Adjusted Salary	Yearly Cash
2023		28	7.119		$32,000,000	$1,333,333	$33,333,333	$33,333,333	$33,333,333	$36,000,000($36,000,000)
2024		29			$32,000,000	$1,333,333	$33,333,333	$33,333,333	$33,333,333	$36,000,000($72,000,000)
2025		30			$36,000,000	$1,333,333	$33,333,333	$37,333,333	$37,333,333	$36,000,000($108,000,000)
2026		31			$31,500,000	$1,333,333	$33,333,333	$32,833,333	$32,833,333	$31,500,000($139,500,000)
2027		32			$30,500,000	$1,333,333	$33,333,333	$31,833,333	$31,833,333	$30,500,000($170,000,000)
2028		33			$30,000,000	$1,333,337	$33,333,333	$31,333,337	$31,333,337	$30,000,000($200,000,000)
2029		34		Vested	$25,000,000	-	$33,333,333	$25,000,000	$25,000,000	-($200,000,000)
2030		35		Vested	$20,000,000	-	$33,333,333	$20,000,000	$20,000,000	-($200,000,000)
2031		36		Vested	$15,000,000	-	$33,333,333	$15,000,000	$15,000,000	-($200,000,000)
2032		37		Vested	$10,000,000	-	$33,333,333	$10,000,000	$10,000,000	-($200,000,000)
2033		38		UFA
Contract Notes: Full No Trade Clause 2029 Vesting Option: $25M vests with 1 of: 575 2028 plate appearances Top 5 2028 MVP 2028 Silver Slugger 2028 LCS MVP 2028 WS MVP 2030 Vesting Option: $20M vests with 1 of: 550 2029 plate appearances Top 5 2029 MVP 2029 Silver Slugger Award 2029 LCS MVP 2029 WS MVP 2031 Vesting Option: $15M vests with 1 of: 525 2030 plate appearances 2030 Silver Slugger Award Top 5 2030 MVP 2030 LCS MVP 2030 WS MVP 2032 Vesting Option: $10M vests with 1 of: 502 2031 plate appearances 2031 Silver Slugger Award Top 5 2031 MVP 2031 LCS MVP 2031 WS MVP Option converts to a club option if it doesn't vest
Sources: MLB contract specifics generally collected from Baseball Prospectus & Rotoworld.

To see the rest of the Carlos Correa's contract breakdowns, & gain access to all of Spotrac's Premium tools, sign up today. Already Subscribed? Login Here

We've selected the following players based on their age, contract status, and statistical production to compare Carlos Correa to.

After adjusting the above contracts as if signed at Correa's current age (29), a linear regression is performed, providing us with the following initial value.

Now we'll compare our variables and Correa statistically over the two seasons prior to their signing. In this case we're analyzing:

After applying our Prime % figures into our base calculated value, we're given two values. The average of these values becomes our current calculated market value.