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Carlos Correa

Minnesota Twins, Shortstop

2023-2032 Free Agent (CURRENT)

Year Age Status PayrollAnnual Luxury Tax Tax % League Tax Cash Annual Cash Cumulative
2023 28 $33,333,333 $33,333,333 14.31% $36,000,000 $36,000,000
2024 29 $33,333,333 $33,433,333 14.11% $36,100,000 $72,100,000
2025 30 $37,333,333 $33,333,333 13.83% $36,000,000 $108,100,000
2026 31 $32,833,333 $33,333,333 13.66% $31,500,000 $139,600,000
2027 32 $31,833,333 $33,333,333 - $30,500,000 $170,100,000
2028 33 $31,333,337 $33,333,333 - $30,000,000 $200,100,000
2029 34
Vesting
 $25,000,000 $33,333,333 - - $200,100,000
2030 35
Vesting
 $20,000,000 $33,333,333 - - $200,100,000
2031 36
Vesting
 $15,000,000 $33,333,333 - - $200,100,000
2032 37
Vesting
 $10,000,000 $33,333,333 - - $200,100,000
2033 38
UFA
Year Age Service Status Base Salary Signing Proration Incentives Likely Incentives Unlikely Payroll Salary Luxury Tax
2023 28 7.119 $32,000,000 $1,333,333 - - $33,333,333 $33,333,333
2024 29 8.119 $32,000,000 $1,333,333 - - $33,333,333 $33,433,333
2025 30 9.119 $36,000,000 $1,333,333 - - $37,333,333 $33,333,333
2026 31 - $31,500,000 $1,333,333 - - $32,833,333 $33,333,333
2027 32 - $30,500,000 $1,333,333 - - $31,833,333 $33,333,333
2028 33 - $30,000,000 $1,333,337 - - $31,333,337 $33,333,333
2029 34 -
Vesting
 $25,000,000 - - - $25,000,000 $33,333,333
2030 35 -
Vesting
 $20,000,000 - - - $20,000,000 $33,333,333
2031 36 -
Vesting
 $15,000,000 - - - $15,000,000 $33,333,333
2032 37 -
Vesting
 $10,000,000 - - - $10,000,000 $33,333,333
2033 38 --
UFA
Year Age Status Base Salary Signing Bonus Cash Total Cash Cumulative Cash Remaining AYC Cumulative AYC Remaining
2023 28 $32,000,000 $4,000,000 $36,000,000 $36,000,000 $164,100,000 $36,000,000 $20,010,000
2024 29 $32,000,000 $4,000,000 $36,100,000 $72,100,000 $128,000,000 $36,050,000 $18,233,333
2025 30 $36,000,000 - $36,000,000 $108,100,000 $92,000,000 $36,033,333 $16,000,000
2026 31 $31,500,000 - $31,500,000 $139,600,000 $60,500,000 $34,900,000 $13,142,857
2027 32 $30,500,000 - $30,500,000 $170,100,000 $30,000,000 $34,020,000 $10,083,333
2028 33 $30,000,000 - $30,000,000 $200,100,000 - $33,350,000 $6,000,000
2029 34
Vesting
 - - - $200,100,000 - - -
2030 35
Vesting
 - - - $200,100,000 - - -
2031 36
Vesting
 - - - $200,100,000 - - -
2032 37
Vesting
 - - - $200,100,000 - - -
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
  • All Star: $100,000
Source: MLB contract specifics generally collected from verified reports.

Earnings Per Year

Year Age Team(s) Service Status Cash Total Cash Cumulative Awards
2012 17
-
Signing Bonus
$4,800,000
$4,800,000
2015 20
0
Active
$330,013
$5,130,013
 AL ROY
2016 21
0.119
Active
$516,700
$5,646,713
2017 22
1.119
Active
$535,000
$6,181,713
 Champion
2018 23
2.119
Active
$1,000,000
$7,181,713
2019 24
3.119
Active / Arb Settled
$5,000,000
$12,181,713
2020 25
4.119
Active / Arb Avoided
$2,962,963
$15,144,676
2021 26
5.119
Active / arbitration-avoided-numbers-exchanged
$11,700,000
$26,844,676
 AL Gold Glove:SS
2022 27
6.119
Active
$35,100,000
$61,944,676
2023 28
7.119
Injured
$36,000,000
$97,944,676
2024 29
8.119
Active
$36,100,000
$134,044,676
Total      
$134,044,676
$134,044,676
2025 30
9.119
Active
$36,000,000
2026 31
9.119
Active
$31,500,000
2027 32
9.119
Active
$30,500,000
2028 33
9.119
Active
$30,000,000
Total
$262,044,676

Earnings Per Team

Years Team Base Signing Incentives Cash Cumulative
8 $22,044,676 $4,800,000 - $26,844,676
3 $99,100,000 $8,000,000 $100,000 $107,200,000
Year Team(s) Age Base Signing Incentives Cash Total Cash Cumulative
2012
17
$4,800,000
$4,800,000
$4,800,000
2015
20
$330,013
$330,013
$5,130,013
2016
21
$516,700
$516,700
$5,646,713
2017
22
$535,000
$535,000
$6,181,713
2018
23
$1,000,000
$1,000,000
$7,181,713
2019
24
$5,000,000
$5,000,000
$12,181,713
2020
25
$2,962,963
$2,962,963
$15,144,676
2021
26
$11,700,000
$11,700,000
$26,844,676
2022
27
$35,100,000
$35,100,000
$61,944,676
2023
28
$32,000,000
$4,000,000
$36,000,000
$97,944,676
2024
29
$32,000,000
$4,000,000
$100,000
$36,100,000
$134,044,676
Total
$121,144,676
$12,800,000
$100,000
$134,044,676
$134,044,676
2025
30
$36,000,000
$36,000,000
2026
31
$31,500,000
$31,500,000
2027
32
$30,500,000
$30,500,000
2028
33
$30,000,000
$30,000,000
Total
$249,144,676
$12,800,000
$100,000
$262,044,676

Earnings Per Team

Years Team Base Signing Incentives Cash Cumulative
8 $22,044,676 $4,800,000 - $26,844,676
3 $99,100,000 $8,000,000 $100,000 $107,200,000
Cap Hit

$37,333,333 / 7th

Cash Total

$36,000,000 / 8th

Contract Value

$200,000,000 / 24th

Contract Average

$33,333,333 / 12th

AAV% of Cap

14.31% / 14th

Signing Bonus

$0 / 142nd

2-Year Cash

$72,100,000 / 6th

3-Year Cash

$108,100,000 / 5th

Total Guaranteed

$200,000,000 / 24th

Guaranteed at Signing

$0 / 1st

  • Jan 15, 2023 Signed a 6 year, $200M contract with Minnesota, including 4 additional vesting years at $70M
  • Mar 19, 2022 Signed a 3 year $105.3 million contract with Minnesota (MIN)
  • Nov 15, 2021 Declined an $18.4M qualifying offer from Houston (HOU)
  • Nov 06, 2021 Houston (HOU) extended 1 year $18.4 million Qualifying Offer
  • Feb 06, 2021 Signed a 1 year $11.7 million contract with Houston (HOU), settling in arbitration
  • Jan 10, 2020 Signed a 1 year $8 million contract with Houston (HOU), avoiding arbitration
  • Feb 05, 2019 Signed a 1 year $5 million contract with Houston (HOU), settling in arbitration
  • Mar 08, 2018 Signed a 1 year $1 million contract with Houston (HOU)
  • Mar 04, 2017 Signed a 1 year $535,000 contract with Houston (HOU)
  • Mar 04, 2016 Signed a 1 year $516,700 contract with Houston (HOU)
  • Jun 07, 2012 Signed a contract with Houston (HOU)
  • Jun 04, 2012 Drafted by Houston (HOU): Round 1 (#1 overall)