Machado’s contract is a 10-year deal worth $300 million, according to Mark Feinsand of the MLB Network. The deal is the biggest free-agent contract in the history of American sports. Ken Rosenthal of The Athletic has also confirmed the value. There is an opt-out after the fifth year, according to Tim Brown of Yahoo Sports.
Machado’s extended free agency has been one of the biggest stories of the MLB offseason. In December, he met with the Chicago White Sox, Philadelphia Phillies and New York Yankees. At the time, clubs pitched Machado but did not talk specifics. The market apparently wasn’t developing for Machado, which allowed other teams to become involved.
The Padres entered the Machado sweepstakes late and the hold up was whether or not he wanted to play there.
Machado, 26, is a perineal All-Star and is one of the best two-way players in Major League Baseball. There have been questions about his “level of hustle,” which may have deterred some teams from making large offers to him. Machado played his first six seasons for the Baltimore Orioles before being traded to the Los Angeles Dodgers at last season’s trade deadline. He has a career slash line of .282/.335/.487.