Continuing a trend of teams locking up talent incredibly early in their careers, Tampa Bay signed up to have Franco, 20, as the team’s shortstop for the next 11 seasons despite his only having played 70 games at the major league level.
“The pace at which Wander has developed speaks to his potential,” Erik Neander, the Rays’ president of baseball operations, said in a statement. “We have seen him do special things on the field, particularly for a player that is only 20 years old. He’s an exceptionally driven, budding superstar who can contribute to our success for a long time.”
It is not hard to figure out why the Rays would be so optimistic. Signed as an amateur free agent out of the Dominican Republic in 2017, Franco was sensational in two and a half minor league seasons — he was named the top prospect in baseball by Baseball America, MLB.com and Baseball Prospectus — and was an immediate success in the majors, hitting .288 with an .810 on-base plus slugging percentage in 70 games. He had a streak of 43 games in which he reached base safely and he finished the season with 3.5 wins above replacement, a pace that would have given him more than 8 if he had played a full 162 games.
The long-term risk of such a long contract is fairly obvious, but like the San Diego Padres with Fernando Tatis Jr. and the Atlanta Braves with Ronald Acuña Jr., the chance to lock in a transcendent talent made a big gamble worthwhile. If anything, the Franco and Tatis deals have emphasized what a bargain Acuña was at “only” $100 million.