April 17, 2021

Why Don’t More Teams Sign Tatisian Deals? (FanGraphs)

By now, you’ve presumably had some time to think about the enormity of the extension that Fernando Tatis Jr. signed last week. Fourteen years! Three hundred and forty million dollars! An excuse for me to use exclamation points! It’s such a huge deal, it would almost be unthinkable not to have spent a silly amount of time thinking about it.

As for me, I’ve thought a lot about it in a theoretical sense. You can math out the contract and say that our best estimates show the Padres getting meaningful value from it, which I did using Dan Szymborski’s projections. You can think about Tatis’ place in the pantheon of great young hitters, as Jay Jaffe did. You can think about the team-building implications of locking up a young star for so long. I decided to answer a different question, though: Why haven’t more players and teams agreed to these massive extensions so early in the arbitration process or even before it starts?

If you think that the Padres overpaid, this isn’t the article for you. I’m ignoring that outcome, because if that’s the case, we have an answer. Teams don’t try these deals because they’re negative value in expectation. That’s an…

Read “Why Don’t More Teams Sign Tatisian Deals?” at FanGraphs