Fernando Tatis Jr., Padres Reportedly Working on 10-Year Contract Extension

Blake SchusterSenior Analyst IJanuary 9, 2021

San Diego Padres shortstop Fernando Tatis Jr. throws to first in Game 2 of a baseball National League Division Series against the Los Angeles Dodgers on Wednesday, Oct. 7, 2020, in Arlington, Texas. (AP Photo/Tony Gutierrez)
Tony Gutierrez/Associated Press

Fernando Tatis Jr. and the San Diego Padres are working on a contract extension that could reach 10 years and more than $300 million, according to MLB Network's Jon Heyman. 

The 22-year-old is eligible for arbitration for the next three seasons and isn't scheduled to become an unrestricted free agent until 2025. 

Any deal within the range of the $300-plus million report would make Tatis Jr. the highest-paid active shortstop and at least border on the largest deal for a shortstop in MLB history. 

The Texas Rangers' Elvis Andrus' carries an eight-year, $120 million deal, which is tied for the lead at the position. The Boston Red Sox gave Xander Bogaerts $120 million as well over six years. Alex Rodriguez holds the record for the largest shortstop pact at 10 years, $275 million, signed at age 32. That contract with the New York Yankees broke Rodriguez's own record of 10 years, $252 million he signed with the Texas Rangers in 2000. 

Only six active MLB players have a contract worth $300 million or more—Mike Trout, Mookie Betts, Bryce Harper, Giancarlo Stanton, Gerrit Cole and Manny Machado—with Trout leading the league in contract value with a 12-year, $426.5 million deal. 

There's little question whether Tatis is worth that type of money.

Already one of the most electric players in the majors, Tatis slashed .277/.366/.571 with 17 home runs and 45 RBI in 59 games last year. It was just his second season in the majors, and he earned a Silver Slugger and finished fourth in NL MVP voting. 

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As the Padres' championship window opens wide, the club is reportedly working to make sure one of the best players in baseball remains in San Diego for at least another decade.