How much is Manny Machado’s new contract worth?

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All you need to know about the third-baseman Manny Machado’s contract that will keep him with the San Diego Padres.

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The San Diego Padres and third baseman Manny Machado have reached an agreement to extend their current contract for another 11 years and $350 million. Machado had initially signed a 10-year, $300 million agreement with the Padres prior to the start of the 2019 season, but his contract included a clause that allowed him to opt out of the pact at the conclusion of the current season.

Machado has already earned $108 million from that contract, and he was scheduled to make $32 million this season; but, he has now obtained this extension, which will likely keep him in San Diego for the remainder of his career. According to The Athletic, the contract in question does not include any provisions for opt-outs at this juncture.

Machado, who is now 30 years old, had a season in which he hit.298/.366/.531 (159 OPS+), collected 37 doubles, 32 home runs, 102 RBI, 100 runs, and 6.8 WAR. He also came in second place in the voting for NL MVP and made his sixth All-Star squad. It was without a doubt the best year of his career, a career that is heading in the direction of having a resume worthy of being displayed in the Hall of Fame.

It was the highest place he’d ever reached in the voting for MVP, and it was the fourth time he’d finished in the top five overall. Machado recorded his fifth season with 30 home runs and his third season with 100 RBIs during the 2023 season. The Padres achieved a record of 89–73 during the regular season and qualified for the National League Championship Series as the wild card.

Manny Machado’s new deal will keep the Padres as contenders for years to come

In the past two weeks, there has been increased coverage of Machado perhaps agreeing to an extension. This comes despite the fact that he has set a pre-spring training deadline for negotiations.

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This is especially noteworthy considering the fact that the Padres are going to continue spending a significant amount of money, especially in the far future. Fernando Tatis, Jr. has a contract that is set to expire in the year 2034 and is worth $340 million over a period of 14 years.

In December, when Xander Bogaerts was a free agent, the Boston Red Sox gave him a contract worth $280 million over 11 years. Yu Darvish just recently extended his contract by signing a new one worth $108 million over the next six years, which will keep him under contract until 2028. Joe Musgrove has a contract that runs through the year 2027. And with that, the Machado agreement is officially recorded in the books.

Please give credit to the Padres ownership. The Padres are acting like one of the wealthiest clubs in the major leagues while other small-market teams are complaining about their financial situation. They are now guaranteed to have one of the most talented third basemen in all of baseball for the remainder of his career.

They have players like Fernando Tatis Jr., Xander Bogaerts, Manny Machado, Yu Darvish, and Joe Musgrove signed to long-term deals, and the Padres aim to give Juan Soto a long-term extension shortly as well. As a result, the Padres will be contenders for many years to come.

Seidler, a former Dodgers owner and member of the O’Malley family, has not been reluctant to spend large sums of money in pursuit of the franchise’s first World Series championship. The last time the Padres participated in the Fall Classic was in 1998, when they were swept by the New York Yankees.

If Machado were to sign a deal worth $350 million, it would be the fourth-largest contract in baseball, trailing only those signed by Mike Trout (426.5 million for 12 years), Mookie Betts (365 million for 12 years), and Aaron Judge (360 million for nine years).

The Padres are set for a monumental season, and there is a chance that they will win the World Series for the first time in franchise history. The buzz in San Diego is real and it is going to be there for years to come.

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