Giants, Carlos Correa agree to 13-year, $350M deal, sources say

Shortstop Carlos Correa and the San Francisco Giants are in agreement on a 13-year, $350 million contract, a record-long deal that is the richest ever for the position and gives the team a franchise-type player around which it plans to build, sources familiar with the situation told ESPN.

The free agent path of Correa, 28, was far less circuitous than last year, when he entered the market in hopes of landing a $300 million-plus deal but wound up signing a shorter-term contract with the Minnesota Twins that included an opt-out after the first season. This offseason, Correa found a market that lavished $300 million on Trea Turner and $280 million on Xander Bogaerts far more to his liking, and he wound up with the second-biggest deal, behind Aaron Judge‘s nine-year, $360 million contract with the New York Yankees.

The 13 years ties Bryce Harper‘s $330 million deal with the Philadelphia Phillies in March 2019, and like Harper, Correa received a full no-trade clause and a contract without any opt-outs, sources said.

The $350 million exceeds the $341 million shortstop Francisco Lindor received from the New York Mets and the $340 million for shortstop Fernando Tatis Jr. with the San Diego Padres. And in the history of baseball, only Mike Trout‘s $426.5 million deal with the Los Angeles Angels, Mookie Betts‘ $365 million contract with the Los Angeles Dodgers and Judge’s exceed it in value.

About a year after turning down a five-year, $160 million contract with the Houston Astros, with whom Correa blossomed into a star, he landed more than twice that on the heels of a single season spent with the Twins, with whom he made $35.1 million before opting out of the final two years of his deal. In his one season with Minnesota, Correa looked like his vintage self, hitting .291/.366/.467 with 22 home runs and 64 RBIs in 136 games. While he didn’t match his Platinum Glove-winning 2021 campaign, Correa is regarded as one of the game’s best defensive shortstops, posting his fourth season with 5.0-plus wins above replacement, according to Baseball-Reference.com.

The Giants paid him like a superstar, as the combination of Correa’s position, age and productivity — regular season and postseason — convinced them to make him among the highest-earning players in baseball. Before Correa, the last player the Giants signed to a $100 million-plus contract was pitcher Johnny Cueto, who received a six-year, $130 million deal in December 2015.

At baseball’s winter meetings, the Giants had hoped to strike a deal for Judge, the reigning American League MVP. But the Yankees upped their offer to $40 million per year, and Judge agreed to stay in New York. With Turner and Bogaerts off the board too, the opportunity to sign a foundational player had dwindled to Correa and former Atlanta Braves shortstop Dansby Swanson.

Since the…