Wander Franco's new deal with the Tampa Bay Rays is the rare MLB win for team and player

UniqueThis 11 November 24, 2021

Winslow Townson/Getty Images
10:25 AM ET

We have just a few weeks of exciting hot stove action while the cold reality of a likely work stoppage lurks. We've seen a few years of smaller labor skirmishes that have undercut joyful moments with financial truths. (It's his big league debut! Ugh, but they manipulated his service time?)

But this week, finally, we have reached an oasis.

Wander Franco's new 12-year, $182 million extension with the Rays is the rare win-win-win-win for the fans, the player, the team and the league: Human-explosion-of-joy Franco is generationally wealthy, the Rays keep their franchise player through age 32, and the league sees a young star continuing to play for its best-run franchise (at a time when it could really use a morale boost). Let's dive in to how each of these three contingencies sees this precedent-setting deal:

Wander Franco
For more casual baseball fans, the way a young player is paid by his team -- if drastically simplified, and with the caveat that these rules might change this winter with a new collective bargaining agreement -- goes like this: basically just the league minimum ($570,500 for the 2021 season) for the first three years of his big league career, then three years of arbitration in which the player gets escalating percentages of his actual market value (in a convoluted process you shouldn't care about). He gets to be a free agent after six-plus seasons (it's often six full seasons and a small part of a seventh). Franco, who's 20, just had that small part in 2021, so without this extension, he would have six full seasons in which he would get paid less than he's worth, then would hit free agency for his age-27 season.

That happens to be the same situation Carlos Correa is in right now: a 27-year-old who should get around $300 million in free agency. When you break down Correa's year-by-year salary, this is what it looks like:


U.S. adds just 194,000 jobs in September; Annual yard sale funds woman's random acts of kindness
0 comments
An investigation into the timeline of the events which led to the spill is underway.
0 comments
As India's brutal second coronavirus wave ravaged the country this spring, Ankit Srivastava went from hospital to hospital, trying to find help for his ailing mother.
0 comments
Senate Republican leader Mitch McConnell on Friday warned President Joe Biden he should not expect cooperation on raising the debt ceiling again, a day after he voted with Democrats to overcome a&h...
0 comments
Seven Senate Republicans defied former President Donald Trump by voting to convict him for inciting an insurrection after losing the 2020 election. But eight months later, they're largely respondin...
0 comments
The best Dyson air purifier deals will help you grab a bargain on models that usually boast a notoriously premium price.
0 comments
With these common air purifier myths debunked, you’ll have a better understanding of how they work to remove airborne particles.
0 comments
Apparently, HBO's drunk robot show is filming another run of episodes. Here's everything we know.
0 comments
Kanye West got no VIP treatment at the airport.
0 comments
MLB announcer Jim Kaat is apologizing for making a slavery reference during Yoán Moncada's at-bat on Friday.
0 comments
R. Kelly victim Faith Rodgers says he was not railroaded and threatened her for coming out against him.
0 comments
MILAN -- With Italy’s vaccination campaign now advanced, the government has finally given the green light for nightclubs to reopen next week. It’s been a long wait.Glasses remain stacked upside dow...
0 comments
A peeling portrait of Polish piano composer Frederic Chopin purchased at a flea market hung modestly in a private house in Poland for almost three decades before an expert dated the painting to the...
0 comments
A new lava flow has belched out from the La Palma volcano, and it threatens to spread more destruction on the Atlantic Ocean island where molten rock streams have already engulfed over 1,000 buildings
0 comments
Learn which types of produce are in season this October and what to cook with them! You'll find plenty of healthy seasonal recipes here.
0 comments
The White House has informed the National Archives that it is not asserting executive privilege on an initial batch of documents related to the January 6 violence at the US Capitol, paving the way ...
0 comments
Why "Ted Lasso's" Rebecca and Keeley are among TV's best female friends of all-time, Apple TV's "Acapulco," and the skits we'd love to see as Kim Kardashian is set to host "Saturday Night Live."
0 comments
Gov. Inslee receives some choice words from a state trooper signing off ahead of Monday.
0 comments
Hooters has caved on the new pantie bottoms they wanted their girls to wear.
0 comments
The British spy who collected the "pee tape" intel speaks out publicly.
0 comments
The couple that's been all about each other are going to be man and wife!
0 comments
The veteran TV actor talks all the details about 'Grey's Anatomy' and 'You,' from making television during the pandemic to keeping his big return to 'Grey's' under wraps.
0 comments
The hotly anticipated return of the singer led to tears, personal confessions, and memes.
0 comments
Wondering what the benefits of yoga are? Read on to discover the answers.
0 comments
Perfect for every skill level and budget, these are the best microscopes for kids right now
0 comments
It went down 66 million years ago.
0 comments
Can we save Earth by bombing space?
0 comments
“As soon as this work project gets done.” “As soon as we get more settled in.” “As soon as I’m done planning this event.” “As soon as the kids are older.” How commonly do we offer these postponemen...
0 comments
Amid mounting pressure from players and advocacy groups, Major League Baseball will require teams to provide housing for minor league players starting in 2022, it was announced.
0 comments
Outfielder Ronald Acuna Jr. can't help his Braves teammates on the field as he recovers from knee surgery, but he was on the field before Sunday's Game 2 of the NLCS, embracing his role as cheerlea...
0 comments
Garrett Temple and the New Orleans Pelicans, who've said that the upcoming "season is dedicated to the victims of Hurricane Ida," practiced Saturday at Nicholls State University in the torn town of...
0 comments
With head coach Kliff Kingsbury back home in Arizona after a positive COVID-19 test, the Cardinals kept their offense on track in a dominating 37-14 win over the Cleveland Browns on the road on Sun...
0 comments
Dallas quarterback Dak Prescott, who will undergo an MRI Monday for a right calf injury he suffered on his game-winning touchdown pass to CeeDee Lamb Sunday in overtime against New England, believe...
0 comments
Danny "D.J." Rodriguez, who was arrested after he was identified in a HuffPost story, called himself a "f**king piece of s**t" during his interview with the FBI.
0 comments
Washington Post columnist Jennifer Rubin said the GOP senator "never used to be this insane."
0 comments
Persistent concerns about Aduhelm, the disease's first new treatment in about 20 years, are curbing access more than four months after regulators approved it.
0 comments
Loading...