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Giants' $350 million Carlos Correa signing shocker aged unexpectedly well
TL;DR
The San Francisco Giants signed Carlos Correa to a $350 million deal but backed out due to medical concerns. This unprecedented withdrawal raised eyebrows in the MLB community.
Key points
- Giants signed Carlos Correa for $350 million
- Deal was a 13-year contract
- Giants backed out due to medical concerns
- Unprecedented late withdrawal in MLB history
Mentioned in this story
Carlos Correa
San Francisco Giants
Giants' $350 million Carlos Correa signing shocker aged unexpectedly well originally appeared on The Sporting News. Add The Sporting News as a Preferred Source by clicking here.
At the time, it was an all-time shocker.
The San Francisco Giants had agreed to a 13-year, $350 million deal with prized free agent Carlos Correa after the 2022 season. But they backed out due to medical concerns.
No deal that big had ever had such a late withdrawal from the proceedings, but the Giants made the call that they couldn't go through with it.
Correa then agreed to a deal with the Mets that didn't get to the finish line either, and he wound up with the Twins on a smaller contract (although still $200 million).
The Twins eventually traded Correa back to the Houston Astros, where his season just ended Wednesday.
Correa tore a tendon in his left ankle during batting practice in the cages on Tuesday, and that was that.
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Q&A
Why did the San Francisco Giants back out of the Carlos Correa deal?
The Giants backed out of the $350 million deal due to medical concerns regarding Carlos Correa.
What was the value and duration of Carlos Correa's contract with the Giants?
Carlos Correa's contract with the Giants was a 13-year deal worth $350 million.
How significant was the Giants' withdrawal from the Correa signing?
The Giants' withdrawal was significant as it marked the first time a deal of such magnitude was canceled so late in the process.
