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Since day one of the offseason, the Minnesota Twins made it abundantly clear that priorities one, two and three were bringing back Carlos Correa. With plenty of payroll room to spend, and a pre-existing relationship with Correa, this seemed like the unique situation where the Twins could spend with the big boys and sign a franchise cornerstone for a long time.
Unfortunately for the Twins, it was reported late Tuesday night that Correa was signing with the San Francisco Giants for a 13-year, $350M contract. A contract that the Twins weren’t willing to match.
According to our friend Dan Hayes, the Twins’ best offer for Correa was a 10-year, $285M offer.
While missing out on Correa was a big bummer for everyone, it was also somewhat understandable. The San Francisco Giants play in one of the biggest markets in America and are used to routinely throwing around this kind of money. The issue for the Twins wasn’t missing out on Correa, it was that they put all of their eggs in the Carlos Correa basket.
By zeroing in on Carlos Correa and waiting for him to make a decision, they missed out on nearly every other impact free agent. Shortstops like Xander Bogaerts and Trea Turner, impact pitchers like Chris Bassitt and Tyler Anderson, and big bats like Willson Contreras and José Abreu all signed elsewhere while the Twins were waiting on a decision from Correa.
By waiting on Carlos Correa the Twins front office needed to be extremely confident in the power of the offer that they held. They needed to be so sure that the amount of money that they were willing to give to the Gold Glover was so great that he couldn’t possibly turn down his former team.
Once Dan Hayes’s report came out that the Twins’ maximum offer was $285M, though, it made the front office’s handling of this offseason all the more troubling.
$285M was never going to get a deal done for Carlos Correa. In 2021 Francisco Lindor signed for $341M. Being younger and more decorated than Lindor, and with Scott Boras as his agent, there was no way that Correa would be signing for any less than $300M and there was a good chance that he would exceed Lindor’s number. Then when Trea Turner signed for $300M (and being offered $342 by the Padres), that notion was only cemented more.
Now that Carlos Correa has made his decision to sign with the Giants, the Twins are staring at a severely depleted free agency market with few impact players remaining. After Dansby Swanson and Carlos Rodón, no other free agents are projected to amass more than three wins above replacement in 2022. Outside of signing one of those two, the Twins can only acquire an impact player via trade. Dealing from a depleted farm system to improve a 78-win team that is worse than that 78-win team was on the last day of the 2022 season doesn't sound smart either.
The Twins are now in an incredibly tough situation because of the front offices misreading of the Carlos Correa situation and they have nobody to blame but themselves.
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