Carlos Correa signed a 3 year / $105,300,000 contract with the Minnesota Twins, including $105,300,000 guaranteed, and an annual average salary of $35,100,000. In 2022, Correa will earn a base salary of $35,100,000, while carrying a total salary of $35,100,000.
2022
27
$35,100,000
$35,100,000
$35,100,000
$35,100,000
$35,100,000($35,100,000)
2023
28
$35,100,000
$35,100,000
$35,100,000
$35,100,000($70,200,000)
2024
29
$35,100,000
$35,100,000
$35,100,000
$35,100,000($105,300,000)
2025
30
UFA
Contract Notes:
Player opt-out available after 2022 & 2023
2022: limited no-trade clause
2023 & 2024: full no-trade clause
IncetivesMVP: $250,000 ($100,000 for 2nd, $75,000 for 3rd, $50,000 for 4-6)
$100,000 each for WS MVP, MVP, All-Star, Silver Slugger, Gold Glove
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Year
Team
Awards
Salary
Signing Bonus
Incentive
Total Cash
Total Cash (Inflation Adj)
2012
-
$4,800,000
-
$4,800,000
$0
2015
AL ROY
$330,013
-
-
$330,013
$0
2016
$516,700
-
-
$516,700
$0
2017
$535,000
-
-
$535,000
$0
2018
$1,000,000
-
-
$1,000,000
$0
2019
$5,000,000
-
-
$5,000,000
$0
2020
$2,962,963
-
-
$2,962,963
$0
2021
AL GOLD GLOVE:SS
$11,700,000
-
-
$11,700,000
$nan
2022
$35,100,000
-
-
$35,100,000
$nan
Est. Earnings (8 seasons)
$57,144,676
$4,800,000
-
$61,944,676
$nan
2023
$35,100,000
-
-
$35,100,000
2024
$35,100,000
-
-
$35,100,000
$127,344,676
$4,800,000
-
$132,144,676
Seasons
Team
Salary
Signing Bonus
Incentive
Total Cash
7 seasons
$22,044,676
$4,800,000
-
$26,844,676
1 seasons
$35,100,000
-
-
$35,100,000
* denotes deferred payment
Mar 19 2022Signed a 3 year $105.3 million contract with Minnesota (MIN)
Nov 15 2021Declined an $18.4M qualifying offer from Houston (HOU)
Nov 6 2021Houston (HOU) extended 1 year $18.4 million Qualifying Offer
Feb 6 2021Signed a 1 year $11.7 million contract with Houston (HOU), settling in arbitration
Jan 10 2020Signed a 1 year $8 million contract with Houston (HOU), avoiding arbitration
Feb 5 2019Signed a 1 year $5 million contract with Houston (HOU), settling in arbitration
Mar 8 2018Signed a 1 year $1 million contract with Houston (HOU)
Mar 4 2017Signed a 1 year $535,000 contract with Houston (HOU)
Mar 4 2016Signed a 1 year $516,700 contract with Houston (HOU)
Jun 7 2012Signed a contract with Houston (HOU)
Jun 4 2012Drafted by Houston (HOU): Round 1 (#1 overall)
2022
MIN
126
123
482
66
139
21
1
21
60
58
0
111
.288
.366
.467
.833
4.74
2021
HOU
148
147
555
104
154
34
1
26
92
75
0
116
.277
.364
.483
.847
7.23
2020
HOU
58
56
201
22
53
9
0
5
25
16
0
49
.264
.326
.383
.709
1.66
2019
HOU
76
75
280
42
78
16
1
21
59
35
1
75
.279
.358
.568
.926
3.68
2018
HOU
111
110
402
60
96
20
1
15
65
53
3
111
.239
.323
.405
.728
3.05
2017
HOU
109
109
422
82
134
25
1
24
85
53
2
92
.318
.393
.552
.945
6.68
2016
HOU
153
152
577
76
158
35
3
20
96
75
13
139
.274
.361
.449
.810
7.01
2015
HOU
99
99
387
52
108
22
1
22
68
40
14
78
.279
.345
.512
.857
4.76
Totals
880
871
3,306
504
920
182
9
154
550
405
33
771
0.278
0.357
0.479
0.836
38.81
We've selected the following players based on their age, contract status, and statistical production to compare Carlos Correa to.
Player
Length
Value
Avg. Salary
Age When Signed
Averages
NAN
$nan
$nan
NAN
After adjusting the above contracts as if signed at Correa's current age (28), a linear regression is performed, providing us with the following initial value.
Length
Value
Avg. Salary
$0
$0
Now we'll compare our variables and Correa statistically over the two seasons prior to their signing. In this case we're analyzing:
Player
Average
Carlos Correa -
% Change
Median Prime % Change
0.00%
Average Prime % Change
0.00%
After applying our Prime % figures into our base calculated value, we're given two values. The average of these values becomes our current calculated market value.
