Seattle Mariners fans are doing what they always do when a superstar’s name hits the rumor mill: firing up the trade machine and Photoshopping teal onto someone else’s generational talent. This time, it’s Fernando Tatis Jr. after Bob Nightengale of USA Today casually floated the idea that, under the weight of all their bloated, back-loaded deals, the Padres might eventually have to move their $340 million right fielder.
Toss in the phrase “big-time trouble” about San Diego’s finances and it’s no surprise that every fanbase with a pulse started asking, “Okay, but what would it cost?” From a distance, it’s easy to picture Tatis launching balls into the ‘Pen and sprinting around T-Mobile next to Julio Rodríguez like it’s a video game.
Mariners need to think twice before diving into Fernando Tatis Jr. trade talks
Pull the camera back a little farther, though, and the fantasy stops making sense for Seattle. Nightengale’s framing is pretty straightforward: the Padres don’t want to trade Tatis and might not even seriously listen right now. But if they ever have to move a big-money piece, he’s the one star whose contract and production still scream “massive return” instead of “salary dump.”
"When you talk to general managers, they say the Padres are in big-time trouble. They're losing money."
— Foul Territory (@FoulTerritoryTV) November 11, 2025
Considering the amount of backloaded contracts the Padres have, could Fernando Tatis Jr. be on the move?@BNightengale won't rule it out in the future... pic.twitter.com/w0UMxPsiQM
That’s where the “Padres are losing money” and “in big-time trouble” stuff comes in — it’s less about tomorrow’s transaction log and more about the long-term math of a roster stuffed with Manny Machado, Xander Bogaerts and others on deals that spike in the 30s. Unsurprisingly, San Diego pushed back quickly; Kevin Acee of The San Diego Tribune-Union reported that multiple team sources were adamant: “We’re not trading Tatis” and that a move hasn’t even been discussed internally. So for now, this is more pressure point than an imminent blockbuster. But it’s still a giant flashing sign about who would be in play if the Padres ever do break glass.
Now layer that onto the Mariners’ reality. Tatis has nine years and roughly $290 million left on his original 14-year, $340 million deal — a contract that was always designed to be backloaded. In a vacuum, for a 26-year-old who just won another Platinum Glove in right field and continues to refine his offensive game, that number is more “expensive but justifiable” than “albatross.”
The problem is that you don’t get to acquire him in a vacuum. Seattle would be stepping into the part of the contract where the dollars climb as the aging curve starts to bend, committing a franchise that has historically flinched at nine-figure free agents to nine years of one of the loudest, most high-variance bets in the sport. That is miles outside their comfort zone.
And as good as Tatis is right now, there are real questions about what he looks like five years down the road. His game is built on absurd athleticism: range in the outfield, explosive baserunning, violent rotational power at the plate. Those traits age better than most if the body cooperates, but we’ve already seen the red flags — shoulder issues, a broken wrist, and that 80-game PED suspension that wiped out his 2022 season. He’s made real strides as a hitter, tightening up his approach and proving he can be an elite player even when the highlight-reel chaos dials down a notch. But you’re still betting that a player whose value is so tied to twitch and torque will hold up physically into his early 30s, at a price point that will limit what you can do around him if he doesn’t.
The trade math is even uglier from Seattle’s side. Even if you tried to frame it as a “bad contract swap” by sending Luis Castillo’s money back to San Diego to soften the blow, the Mariners would still be taking on a huge net financial commitment and emptying out the top of their farm just to get the conversation started. The Padres aren’t moving Tatis for a clean ledger; they’d ask for multiple blue-chip prospects and young big leaguers on top of any salary relief, because that’s the whole point of trading the one star who still has surplus value.
For the Mariners, that likely means attaching names like Colt Emerson, Lazaro Montes, Harry Ford, or whoever else you’ve mentally penciled into the “next core” — plus losing their current ace in Castillo in the process. You don’t just reshuffle your books in that scenario; you rip out huge chunks of the future you’ve been carefully selling to the fanbase.
And that’s where this goes from “bold” to “reckless.” Seattle absolutely needs more impact offense. They absolutely should be in on upgrades that cost real money and real talent. But there’s a difference between pushing in some chips and wiring your entire bankroll to one player who comes with injury history, suspension baggage, and a contract that runs deeper into the 2030s than anything this franchise has ever stomached.
So sure, let other teams talk themselves into being the ones who “buy low” on a 26-year-old superstar with a “reasonable” $340 million deal. Let big-market clubs with different risk tolerances daydream about the marketing campaigns and jersey sales. From where the Mariners sit, this is one of those temptations you admire from afar and then politely decline.
