Padres extend Machado on reported 11-year, $350M deal
The San Diego Padres are locking up another superstar.
San Diego and third baseman Manny Machado are finalizing an 11-year, $350-million contract extension, sources told Jeff Passan of ESPN.
Machado's new deal will begin this season, according to Dennis Lin of The Athletic.
The extension contains no opt-outs and includes a full no-trade clause, reports Lin.
The 2022 NL MVP runner-up planned to opt out of his contract at the end of the 2023 campaign. However, Padres owner Peter Seidler said the 30-year-old's extension was a "top priority."
"We're excited to be here for the rest of our careers and have this hat going into the Hall of Fame," Machado said Sunday.
Machado originally joined San Diego on a 10-year, $300-million pact in February 2019. He had six years and $180 million remaining on this deal and added five years and $170 million through the reported extension.
The six-time All-Star owns a .280/.352/.504 slash line with 108 homers and 340 RBIs over four years with the Padres. He's also accrued the highest fWAR among players at his position since entering the league at age 19 in 2012.
San Diego has now signed Machado, Xander Bogaerts, Fernando Tatis Jr., Yu Darvish, and Joe Musgrove to contracts cumulatively worth over $1.17 billion since February 2021.