Carlos Correa is widely considered as one of the best baseball players in Major League Baseball (MLB). As a Puerto Rican shortstop, he made his MLB debut with the Houston Astros back in 2015. From day one, Correa's exceptional skills on and off the field set him apart from other rookies. Within that same year, he had already claimed the American League Rookie of the Year Award. Correa is notorious for his talent in different areas such as hitting for power and average, playing outstanding defense, and executing game-changing plays. On March 22nd of 2022, Carlos signed a contract with Minnesota Twins.
Carlos Correa Contract Breakdown
| Year | Base Salary | SigningBonus | Cap Hit | Dead Cap | Yearly Cash |
| 2012-2012 | $4,800,000 | - | $4,800,000 | - | $4,800,000 |
| 2015-2015 | $507,500 | - | $507,500 | - | $507,500 |
| 2016-2016 | $516,700 | - | $516,700 | - | $516,700 |
| 2017-2017 | $535,000 | - | $535,000 | - | $535,000 |
| 2018-2018 | $1,000,000 | - | $1,000,000 | - | $1,000,000 |
| 2019-2019 | $5,000,000 | - | $5,000,000 | - | $5,000,000 |
| 2020-2020 | $8,000,000 | - | $8,000,000 | - | $8,000,000 |
| 2021-2021 | $11,700,000 | - | $11,700,000 | - | $11,700,000 |
| 2022-2024 | $105,300,000 | - | $35,100,000 | - | $35,100,000 |
| 2023-2032 | $200,000,000 | $4,000,000 | $34,000,000 | - | $33,333,333 |
How much is Carlos Correa getting paid?
On January 11, 2023, the Minnesota Twins signed Carlos Correa to a six-year contract with a total value of $200 million and additional 4 vesting years options potentially bringing it up to $270 million. This deal guarantees him an annual average salary of $33,333,333 with a base salary of $32,000,000 for the current year with $4 million signing bonus. Overall compensation for this year amounted to his base salary's total worth.
How much does Carlos Correa make in a minute?
Carlos Correa is a professional athlete who currently holds an annual average salary of $33,333,333 under his newest contract that he signed in the year 2023. The total worth of this contract is estimated to be $200 million. It is one of the largest contracts and reflects the value that Correa brings to his team.
Averaging it out per minute, he earns a substantial amount of $63.4 per minute, highlighting not only his incredible talent on the field but also the recognition he has gained as one of the top players in his sport.
Carlos Correa’s Career Earnings
Carlos Correa initiated his career into Major League Baseball with the Houston Astros in 2015, after having signed his initial bonus contract with the franchise back in 2012. He has delivered noteworthy performances season after season, resulting in an escalation of both his annual salary and contractual value.
To date, Carlos has accumulated a total earnings amount of $97,944,676 from his MLB career, channeling $89,144,676 towards his salary and reserving $8,800,000 as a signing bonus.
What are the terms of Carlos Correa’s Contract?
The Minnesota Twins have struck a deal with Carlos Correa for $200 million, plus a $4 million signing bonus and various terms. The agreement features a Full No Trade Clause and four additional vesting year options (2029, 2030, 2031, 2032) that could add up to an extra $70 million.
Meeting specific criteria triggers the payout for each option - such as at least 575 plate appearances in 2028 or being named one of the top five Most Valuable Players (MVPs), Silver Slugger, LCS MVP, and WS MVP. Any unachieved options will convert into club options instead.
How much of Carlos Correa’s Contract is guaranteed?
Carlos Correa has secured an impressive contract with the Minnesota Twins, guaranteeing him a total of $200,000,000. This includes a further $70 million vesting option, which can be earned by achieving specific milestones such as awards for plate appearances and achievements like Top 5 MVP, Silver Slugger Award, LCS MVP, and WS MVP.
Carlos Correa’s Contract History
Houston Astros (2012-2012):
On June 7, 2012, Carlos Correa signed a signing bonus contract with Houston Astros.
Houston Astros (2015-2015):
Carlos Correa began his professional baseball career in 2015 with the Houston Astros, signing a one-year contract worth $507,500.
Houston Astros (2016-2016):
In March of 2016, he signed another one-year contract with Houston for $516,700.
Houston Astros (2017-2017):
On March 04, 2017, he signed a one-year deal for $535,000.
Houston Astros (2018-2018):
In 2018, Carlos inked a one-year contract for $1 million with Houston Astros again.
Houston Astros (2019-2019):
The amount grew even higher in February of 2019 when he signed on for $5 million per annum with Astros.
Houston Astros (2020-2020):
In January of 2020, Carlos Correa again renewed his contract with the team by signing an impressive one-year deal for $8 million.
Houston Astros (2021-2021):
By February of 2021, his earning potential skyrocketed further still as he agreed to sign on for a cool $11.7 million per annum.
Minnesota Twins (2022-2024):
In March 2022, Carlos Correa received a generous offer of $105.3 million from the Minnesota Twins, which he gladly accepted. This prompted his move from the Houston Astros to the Twins.
Minnesota Twins (2023-2032):
By January of 2023, Carlos's talent had earned him an exceptional six-year deal worth a whopping $200 million, including additional vesting years valued at around $70 million. His contract has secured his future in the league!
FAQs
A. Yes, Carlos Correa was a part of the Houston Astros team that won the World Series in 2017.
A. Carlos Correa has played for the Houston Astros and currently he is playing for Minnesota Twins.
A. Carlos Correa is primarily a shortstop, but has also seen action at third base and second base.
A. In the year 2021, Carlos Correa was awarded the Gold Glove Award.
