The Padres continued their big spending ways, reportedly agreeing to an 11-year mega deal with superstar third baseman Manny Machado on Sunday morning. As tweeted by ESPN’s Jeff Passan and confirmed by other reporters, the deal is worth $350 million and pays Machado through his age 41 season.
Earlier this month, Machado confirmed his plan to opt out of the final 5 years of his 10 year deal after this coming season. The All-Star also had set a deadline for the Padres to extend an offer that he found suitable, but that deadline passed last week. However, that appears to be more of a negotiation strategy than a hard deadline because the deal is now done.
Recent reporting by MLB insider Jon Heyman listed the Dodgers as a potential destination for Machado in free agency, but there was little chance of Padres owner Peter Seidler letting him walk let alone return to the rival Dodgers. Bleacher Report actually had LA as the sixth most likely team to land the veteran.
San Diego has spent big since the end of last season, handing out 11 year deals to Machado and shortstop Xander Bogaerts. The club also extended ace starter Yu Darvish on a 6 year deal. Whatever these deals look like 5-8 years from now remains to be seen, but the Padres look to be title ready for the next few seasons at minimum.Freddie Freeman Nike Jersey Giveaway!