Padres confirm Machado's 10-year, $300m deal
Manny Machado has signed a 10-year, $300million contract with the Padres, San Diego announced on Thursday.
The deal is the biggest free-agent contract in American sports history.
Machado has the option to opt out of the deal after the fifth year of the contract, it was confirmed.
"Manny Machado is a generational talent, and we're ecstatic that he's chosen to spend his prime years in a San Diego Padres uniform," Padres executive chairman Ron Fowler and general partner Peter Seidler said in a joint statement on Thursday.
"This momentous agreement speaks volumes to the direction of our organisation, as well as our commitment to bringing a World Series championship to the Friar Faithful and the city of San Diego."
The addition of Machado puts a two-time Gold Glove defender in the field – he prefers shortstop but has said he is willing to play third base, given the Padres' top prospect, Fernando Tatis Jr., is a shortstop – and power bat in the middle of the Padres' batting order and potentially reshapes the National League West.
Machado, 26, met with the Chicago White Sox, New York Yankees and Philadelphia Phillies over the course of one week in December.
The four-time All-Star is a career .282/.335/.487 hitter with 175 home runs and 513 RBIs.
He hit .297/.367/.538 with 37 home runs and 107 RBIs last season with the Baltimore Orioles and Los Angeles Dodgers.