Wander Franco, a talented professional baseball shortstop for the Tampa Bay Rays in Major League Baseball (MLB), is currently making a name for himself. Hailing from the Dominican Republic, Franco's exceptional skills and raw talent have quickly make him to become one of the league's most promising young players. On June 22, 2021, he finally made his highly anticipated debut in MLB.
Before the 2019 season, Baseball America ranked Franco as the fourth best prospect in baseball. He began that season with the Bowling Green Hot Rods. Before the 2020 season, Franco earned the coveted title of being ranked as the number one prospect across all of baseball.
Although invited to major league spring training by the Rays in 2021, Franco did not secure a spot on their team and started in Triple-A with the Durham Bulls. Not only this, but Wander has also played for the Dominican Republic in the 2023 World Baseball Classic.
Wander Franco’s Contract Breakdown
| Year | Base Salary | SigningBonus | Cap Hit | Dead Cap | Yearly Cash |
| 2017-2017 | - | $3,825,000 | $3,825,000 | - | $3,825,000 |
| 2021-2021 | $570,500 | - | $570,500 | - | $570,500 |
| 2022-2033 | $182,000,000 | $5,000,000 | $100,000 | - | $16,545,455 |
How much is Wander Franco getting paid?
On November 23rd, 2021, Wander Franco, a highly-talented player in Major League Baseball, officially inked an impressive 11-year contract with the Tampa Bay Rays. The deal boasts a substantial value amounting to $182 million in total. Notably, it encompasses a generous signing bonus of $5 million and guarantees an average annual salary of around $16.5 million.
In 2023, Franco's base salary will be $2 million. In the previous year, 2022, he received a base salary of $1 million and an additional signing bonus of $5 million, resulting in total earnings for that year of $6 million. His annual base salary will increase over time and he will receive a total of $182 million in total over 11 years.
How much does Wander Franco make in a minute?
According to an 11-year contract with the Tampa Bay Rays, Wander Franco is set to receive a total of $182 million. This includes a $5 million signing bonus and his average salary amounts to $16,545,455. However, in 2023, his base salary will be $2,000,000. It's important to note that within a year, there are approximately 525,600 minutes. With this calculation in mind, Wander Franco earns roughly $3.8 per minute.
As the years progress, his annual salary will increase incrementally until he reaches the guaranteed amount of $182 million over 11 years.
Wander Franco’s Career Earnings
Wander Franco, the Tampa Bay Rays star is having an incredible career since his MLB debut back on June 22, 2021. Over the course of three seasons, he has accumulated an impressive total earnings reaching $12,140,901 as of 2023.
Excitingly, his future looks even more promising with a lucrative 11-year contract valued at $182 million that commenced in 2022 and runs till the end of 2033. It's important to note that these figures solely represent his MLB earnings and do not encompass endorsements or additional income sources.
What are the terms of Wander Franco’s Contract?
The Tampa Bay Rays signed Wander Franco to an impressive 11-year deal, which marks a significant milestone in their franchise's history. This contract includes several terms like an option for the year 2033, with a $2 million buyout if unexercised. Moreover, there is a generous trade assignment bonus of $3 million applicable until April 29th, 2029, followed by an additional payout of $2 million thereafter.
Furthermore, this remarkable agreement features lucrative MVP escalators amounting to $3 million from 2028 through 2032. Notably, it sets a new record for being the largest contract ever awarded to a player with less than one year of service time at signing.
This agreement benefits both parties involved. It provides Franco with 11 years of security while granting the Rays a potential cornerstone player for their franchise in the long term.
How much of Wander Franco’s Contract is guaranteed?
Wander Franco’s contract with the Tampa Bay Rays guarantees a total of $182,000,000 including a signing bonus of $5 million. He received the signing bonus in 2022.
Wander Franco Contract History
Tampa Bay Rays (2017-2017):
Wander Franco was signed by The Tampa Bay Rays organization in 2017 and he received a signing bonus of amount $3,825,000.
Tampa Bay Rays (2021-2021):
Wander made his MLB debut on June 22, 2021, for the Tampa Bay Rays and he received $570,500 as a base salary that year.
Tampa Bay Rays (2022-2033):
On November 23, 2021, Wander Franco signed an 11-year contract worth mother $182 million along with a $5 million signing bonus with the Tampa Bay Rays that also includes a 2033 Club option and contains a $2M buyout.
FAQs
A. Wander Franco was born on March 1, 2001, in Baní, Dominican Republic.
A. Wander Franco wears jersey number 5 for the Tampa Bay Rays.
A. Wander Franco's nickname is "El Patron” which means “the boss”.
A. Wander Franco is listed as 5 feet 10 inches (1.78 meters) tall.
