Fernando Tatis Jr. with the right of veto exchanges and hotel suites

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

After that season, the 22-year-old shortstop can veto transactions with 13 teams for the remainder of the tie.

However, Tatis has been serving in the Major Leagues for two years, so if he stays with the Padres, he will have the veto right after 2028 under the terms set out in the collective agreement for being 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 and will go into effect upon approval from the commissioner’s office and a $ 1 million salary this year, his last season before qualifying for salary arbitration.

It will collect $ 5 million in 2022, $ 7 million in 2023, and $ 11 million in 2024, the three campaigns that would fall under arbitration.

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

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

Tatis’s deal, announced Monday, exceeds in length the $ 325 million, 13-year deal that Giancarlo Stanton signed with Miami in November 2014. Stanton was transferred to the New York Yankees in November 2017. Also the $ 330 million deal. And 13 years. that Bryce Harper agreed to Philadelphia prior to the 2019 season.

Tatis’s contract is the third largest in money terms, after Mike Trout’s $ 426.5 million 12-year contract with the Los Angeles Angels, which has been in effect since 2019; and the $ 365 million 12-year-old Mookie Betts accomplished with the Los Angeles Dodgers early this season.

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

Although details of Tatis’s agreement with the company have not been disclosed, a lawsuit filed by Francisco Mejía in 2018 stated that the Dominican received $ 360,000 as part of agreements promising to pay the company 10% of its future income . The lawsuit was dismissed, with the right to a retrial forfeited