"Carlos is never going to do an [early] multiyear contract," agent Greg Genske said, per Jon Heyman of FanRag Sports.
This would keep him at the major league minimum of $535,000 for 2017 but also leave his options open going forward.
The 22-year-old won't reach arbitration until after the 2018 season. He will be eligible for free agency after the 2021 season.
The shortstop was the 2015 Rookie of the Year in just 99 games, batting .279 with 22 home runs and 14 stolen bases. He added 20 homers and 13 steals in 2016 and finished second on the team with a WAR of 6.0, per Baseball Reference.
While some players prefer the security of a long-term deal, Correa has a chance to make himself a lot of money after each of the next few seasons if he continues on his current path.