Machado, Padres agree to new $350M, 11-year deal | The Associated Press

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Machado, Padres agree to new $350M, 11-year deal | The Associated Press
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All-star slugger Manny Machado has agreed to a new $350 million, 11-year contract that will keep him with the San Diego Padres through 2033, according to a person with knowledge of the deal. Know more:

ALL-STAR slugger Manny Machado has agreed to a new $350 million, 11-year contract that will keep him with the San Diego Padres through 2033, according to a person with knowledge of the deal.

Machado, 30, had said that after this season he planned to opt out of the $300 million, 10-year free agent deal he signed in 2019. With the $120 million he already has received, the new deal increases the free-spending Padres’ commitment to Machado to $470 million over 15 years. Seidler, a member of the O’Malley family that once owned the Dodgers, hasn’t been afraid to spend big money in pursuit of the franchise’s first World Series title. The Padres haven’t been to the Fall Classic since 1998, when they were swept by the New York Yankees.

Machado and Bogaerts are under contract through 2033, while Tatis is locked up through 2034 under a $340 million, 14-year deal he signed in early 2021. Soto is under contract for two more seasons.

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