How much did the Padres pay for Fernando Tatis Jr contract?

To understand the Fernando Tatis Jr contract we must dive deep into his past. It’s better to understand things in chronology. Well, I have never followed this mantra but I think it’s applicable here. Fernando Tatis Jr is not another ordinary individual but is a star baseball player. How did he become the star he is today? The answer is simple but not the process. He worked his ass off to achieve all that he is having today.

Breaking: Fernando Tatis Jr. and the Padres are in agreement on a 14-year, $340 million contract extension, a source familiar with the deal tells @JeffPassan. pic.twitter.com/2wfqbBgYcH

— SportsCenter (@SportsCenter) February 18, 2021

What you should know before Fernando Tatis Jr contact?

Baseball for Fernando started with his father who played third base in MLB for 13 seasons. It looks like a family ritual to me as Fernando, his brother and his father are all associated with MLB.
Fernando Tatis Jr is a junior player in terms of age. Born in 1999 in San Diego de Macoris he has grown up to be a star baseball player. Moreover, he started playing baseball, at a young age and he was also mature enough to take financial decisions. He chose to go with the Big league Advance for his financial needs.

What is Big League Advance?

Just like the name, it is a unique company. This firm helps the young players in managing their current finances in exchange for a piece of their future earnings. Simply, the firm supports young talents after analysing their prospects. Fernando Tatis Jr is one of those few players who are working with the Big League Advance.

Fernando Tatis Jr and Baseball

Fernando Tatis Jr was 16 years old when he was signed by the Chicago White Sox from Dominican Prospect League. He had a great start with them before joining San Diego Padres the next year. Playing in the minor league gave him valuable experience and in the next few years, his game improved so much that he gave many homers in two seasons. In 2019, the San Diego Padres made it official that Tatis is joining the roster. Since then he is rising as a superstar in MLB.

Fernando Tatis Jr.’s 28 home runs before the All-Star break are the most ever by a shortstop.#HungryForMore pic.twitter.com/rRi9Kjt3LA

— San Diego Padres (@Padres) July 9, 2021

The Contract

At the age of 22, Fernando Tatis Jr signed a 14 years contract with San Diego Padres. The third richest contract in MLB history worth $340 million, was the richest contract for someone who is not eligible for salary arbitration. Los Angeles Angels Mike Trout $426.5 million and Mookie Betts $365 million are still at the top positions. The most interesting fact to know about Fernando Tatis Jr contract is that his first contract is more than his father’s overall career earnings. Now, that is big.

I think every fan can say that the Padres are ready for the championship after the recruitment of Tatis Jr. He played around 149 major league games and is hitting .301 with 39 homers. Also, he is so young right now and he has a long way to go. This deal of the Padres with Tatis Jr for 14 years made it clear that they are going to be an every-year contender in MLB.

Fernando Tatis Jr also signed a contract with the Big League Advance which means around 8 percent of this contract will go to the Big league. There are supporters as well as critics for this business of Big League but it is what it is. Around $27 million out of $340 million will be paid to the Big League by Tatis Jr. Also, there will be taxes – state and federal and therefore, the Fernando Tatios Jr contract is not as massive as it looks.