The two sides discussed a seven-year deal last May, which would have been a precedent-setting contract for a young player with no Major League service time. However, Polanco’s camp didn’t bite on the contract, largely due to the fact that it contained three club options with salaries in the low eight-figure range that would’ve maxed out at $50-60MM over its entirety if all three options were exercised. That deal would’ve seemed team-friendly even if Polanco were to develop into an average regular, but many see him destined for stardom.
Polanco, just 23 years of age, was one of baseball’s top prospects heading into the 2014 season and made his Major League debut in June. Though he got off to a torrid start, Polanco eventually cooled, and his overall batting line checked in at a pedestrian .235/.307/.343 in 312 plate appearances. That production came as a 22-year-old in his first taste of MLB, however, and his Minor League track record — Polanco has batted .325/.385/.495 with seven homers and 17 steals in just 71 Triple-A games — is tantalizing to say the least.
The Bucs already have two-thirds of their brilliant young outfield locked up long-term, as both Andrew McCutchen (six years, $51.5MM) and Starling Marte (six years, $31MM) have signed long-term contracts in recent years. An outfield of Marte, McCutchen and Polanco locked up for the foreseeable future would be enough to make any team envious, but Heyman notes that the chances of a deal being completed before Opening Day are unknown.
Long-term deals for players with fewer than a year of Major League service time have been few and far between, as can be seen in MLBTR’s Extension Tracker. The most recent case was Jon Singleton’s five-year, $10MM contract with the Astros last spring, but that came when he had zero big league service time. Polanco, who has just 103 days of Major League service, would become the highest-paid player ever in his service class where he to sign the type of deal that Heyman outlined above. Of course, it’s not certain what terms and parameters are being discussed by the two sides at this juncture.