Rays complete over $200 million contract with free agent wander franco.

"This is a great day for Wander and the Rays," says Stuart Sternberg, after the richest deal in franchise history is completed.

ST. PETERSBURG — Wander Franco spent part of Saturday, like many others, updating his Instagram account often. But this wasn't your average afternoon for the 20-year-old.

Not after Franco and the Rays agreed to a record-breaking contract that guaranteed the multi-talented phenom $182 million over 11 years and potentially $223 million over 12 years.

"First and foremost, thank God for this opportunity and blessing," Franco wrote in Spanish. "I want to thank my family for always being there for me. Work hard and receive many blessings."

The Rays were grateful as well, having signed their finest player — and one of the top young talents in the majors — through 2032, with a 2033 option, and with cost certainty.

"This is a fantastic day for Wander and the Rays, and it demonstrates the mutual trust that Wander and our organization have," Rays primary owner Stuart Sternberg said in a team release.

"Our scouting, development, health and wellness, and coaching personnel, among many others, all had a hand in this."

"We are committed to fielding competitive teams year after year, and we all expect Wander's presence and contributions to play a significant role in upholding our standard of excellence."

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