AP source: Machado, Padres agrees to $300M, 10-year deal
SAN DIEGO — All-Star infielder Manny Machado has agreed to a $300 million, 10-year deal with the rebuilding San Diego Padres, the biggest contract ever for a free agent, a person familiar with the negotiations told The Associated Press on Tuesday.
The person spoke to the AP on condition of anonymity because the agreement was subject to a successful physical and had not been announced. Machado can opt out after five years and become a free agent again, the person said.
Machado’s deal, if completed, would be the second-largest in baseball history behind Giancarlo Stanton’s $325 million, 13-year deal signed with the Miami Marlins ahead of the 2015 season. Among free agents it tops Alex Rodriguez’s $275 million, 10-year contract with the New York Yankees from 2008-17.