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Report: Padres, Fernando Tatis Jr. agree to 14-year extension worth $340 million

San Diego locks up its young superstar shortstop on a massive contract.

San Diego Padres shortstop Fernando Tatis Jr. rounds first base on his double against the Los Angeles Dodgers during the sixth inning during game three of the 2020 NLDS at Globe Life Field. Tim Heitman-USA TODAY Sports

The San Diego Padres and SS Fernando Tatis Jr. have agreed to terms on a 14-year contract extension worth more than $300 million, The Athletic’s Dennis Lee and Ken Rosenthal reported late Wednesday night. Tatis finished fourth in NL MVP voting last season after breaking out in 2019. Now he’ll be under contract for over a decade and the Padres expect the contract to be finalized over the weekend, per Lee. He also reports that the deal is worth close to $340 million.

Tatis does not have an early opt out clause in the contract and he does not have a no-trade clause as well, per Dan Federico. So Tatis will stay in San Diego unless the team decides to trade him at some point during the contract.

Tatis had his breakout season in 2019 when he hit 22 HRs with 53 RBI in 84 games, finishing fourth in Rookie of the Year voting in the National League. Last season in 59 games, Tatis belted 17 homers with 45 RBI while batting .277 on the year. Tatis is regarded as one of the best shortstops in the MLB and currently has the fifth best odds to win NL MVP on DraftKings Sportsbook at +850.

The Padres were smart to get ahead on this contract and lock up Tatis for pretty much his entire career. The youngster was set for arbitration in 2022 and the earliest year he could have hit free agency would have been 2025. Now, he won’t see free agency until 2035 if all goes well.