ESPN's Jeff Passan reports the deal is for 12 years.
Shortstop Wander Franco and the Tampa Bay Rays are in agreement on a 12-year contract that guarantees him around $185 million, sources tell ESPN. The deal is worth a maximum of $223 million. It is done, pending small details. The 20-year-old is going to be a Ray for a long time.
— Jeff Passan (@JeffPassan) November 23, 2021
The 20-year-old rookie played in 70 games in the 2021 season, posting a .288/.347./.463 slash line.
Exact terms aren't yet known and final details are still being worked out, according to Topkin.