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Tatis, Padres agree to 14 year deal, per reports

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The San Diego Padres and Fernando Tatis, Jr., have reportedly agreed to terms on a 14 year deal

Division Series - Los Angeles Dodgers v San Diego Padres - Game Three Photo by Tom Pennington/Getty Images

MLB Rumors: Fernando Tatis Jr. and the San Diego Padres have agreed to terms on a 14 year contract worth $340 million, per reports.

This is an amazing, and largely unprecedented, deal in MLB. Tatis, 22, has looked like a legitimate superstar in his first two seasons in the league. He also has just two years of service time, meaning that he would be making just a little more than the league minimum for this year, then would be arbitration eligible.

I was going to say that Tatis would have three years of arbitration eligibility after this 2021, but that’s not necessarily the case, and I wouldn’t be surprised if that were a factor in the Padres making this deal. The CBA is set to expire after this season, and there has been talk that the new deal could see players become eligible for free agency in a shorter time frame. If a new CBA were to, say, allow players to become free agents after four years of service time, then the Padres, in that scenario, would be heading into 2022 with one of the best players in baseball entering his walk year, and with scant incentive to sign a long term deal.

On the other hand, that’s not a given, which means that if Tatis were to balk at this deal, he would be making near league minimum in 2021, and the be looking at three years of arbitration eligibility before becoming a free agent after 2024. If he continues performing at the level he has to date, he would seem likely to beat the $340 million the Padres are offering now...but one has to ask, at a certain point, when is enough enough? If Tatis is guaranteed $340 million now, does it really make sense to walk away in the hopes of potentially making $400 million?

So the Padres lock up their young star, Tatis has generational wealth guaranteed just days after his 22nd birthday, and I have something I can write about tonight in the dark on my iPad while waiting on power to return at some point. Win-win-win.