Full details on Corbin Burnes' $210 million contract with the D-backs
Breaking down the six-year, $210 million contract Corbin Burnes signed with the Diamondbacks.
The full details of the six-year, $210 million contract that Corbin Burnes signed with the Arizona Diamondbacks have come out. As stated previously on here, there is an opt-out after two seasons, which would allow Burnes to re-enter the market after his Age 31 season.
The New York Post’s Jon Heyman breaks down the entire deal. The contract includes a signing bonus of $10 million. For the first two years of the contract, Burnes is scheduled to make $30 million with $10 million deferred each year. That leaves $140 million over the final four years should he choose to not opt-out. If he stays in Arizona beyond 2026, then he is set to earn $35 million each year with $11 million deferred.
So in total, $64 million of the contract is deferred, lowering the present-day value of the deal to just under $193.757 million in total. That sets his AAV on the Competitive Balance Tax payroll to around $32.3 million. Should Burnes elect to opt out after 2026, the payment schedule for the $20 million deferred accelerates to 2027-2028 at $10 million. If not, then those payments are from 2031-2036. Per Ronald Blum of the Associated Press, those payments are to be made on November 1st.
Another key part of the contract is the no-trade clause. For the first two seasons of the deal, there is a full no-trade clause. If Burnes opts in to the final four years of the deal, then he can submit a list of 14 teams every year he can’t be traded to without his approval.
Some other additional perks of the deal include four season tickets to premium area seating, likely for his family as they live nearby in Scottsdale.
Further reading
The opt-out clause has become popular with Boras clients
Corbin Burnes is the latest Scott Boras client to find a home, when he signed with the Arizona Diamondbacks over the weekend. Burnes agreed to a six-year deal, but the most important part of the deal will be the looming opt-out following the 2026 season. The right-hander will be able to re-enter the market after his Age 31 season, presumably his best window to land another big payday.
D-backs shock the world with Corbin Burnes signing
The Corbin Burnes sweepstakes are finally over and a surprise team has landed the ace pitcher. MLB Insider Jon Heyman, who is also very close to super agent Scott Boras, reports that the Arizona Diamondbacks have agreed to a six-year deal with Burnes
Michael McDermott is currently a contributor to FanSided’s MLB coverage of the Diamondbacks, Padres, and Dodgers in the National League West. He has written about the D-backs since 2015 and covered over 50 MLB games with Diamondbacks on SI and Burn City Sports.