Fernando Tatis Jr. with the right to veto exchanges and hotel apartments

New York. Fernando Tatis Jr. will have a clause to veto transactions until 2028 as part of a $ 340 million 14-year contract he signed with the San Diego Padres.

After that season, the 22-year-old shortstop will be able to veto transactions to 13 teams for the rest of the tie.

However, Tatis already has two years of service in the major leagues, so if he stays with his parents, he will get the veto right after 2028 under the conditions set out in the collective agreement to be a 10-year veteran in the major leagues. and who has been on your team for five years or more.

His contract included a $ 10 million signing fee and will take effect upon approval from the commissioner’s office and a $ 1 million salary this year, his last season before being eligible for salary arbitration.

It will raise $ 5 million in 2022, $ 7 million in 2023 and $ 11 million in 2024, the three campaigns that would have been covered by arbitration.

Tatis will receive $ 20 million in both 2025 and 2026, with the first two seasons being eligible for the free agency. He will earn $ 25 million in the 2027 and 2028 campaigns and $ 36 million in each of the last six seasons.

You will also enjoy benefits such as a hotel suite on all visitor tours and the right to purchase a luxury suite and four of the best seats for all Padres home games.

Tatis’ deal, announced Monday, goes far beyond the $ 325 million deal Giancarlo Stanton signed with Miami in November 2014. Stanton was transferred to the New York Yankees in November 2017. Also, the $ 330 million deal dollars. that Bryce Harper agreed with Philadelphia before the 2019 season.

Tatis’ contract is the third largest in terms of financial terms, behind Mike Trout’s 12-year contract with the Los Angeles Angels, in effect in 2019; and Mookie Betts, a $ 12 million, $ 365 million, arrived in the Los Angeles Dodgers starting this season.

Tatis will have to give a percentage of his salary to Big League Advance as part of a contract in which he accepted an advance payment years ago.

Although details of Tatis’ agreement with the company have not been disclosed, a lawsuit filed by Francisco Mejía in 2018 said the Dominican received $ 360,000 as part of agreements in which he promised to pay the company 10% of its future revenue. The trial was rejected, with the loss of the right to a new trial

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