Padres officially sign Machado to $350 million deal

By Anthony Caruso III | Publisher

The San Diego Padres were informed that Manny Machado had planned to opt out of his contract at the end of this season. He was willing to walk away from the remaining six years and $180 million he had left on his contract.

Machado and the Padres have finalized a new contract. This deal will lock him in for the rest of his playing career.

He has agreed to an 11-year, $350 million extension. This deal has a full no-trade clause and no opt-outs.

“They believed in me since Day One, and here we are,” Machado said. “We’re going to, hopefully, make this our home. … We’re excited to be here for the rest of our careers and have this hat go into the Hall of Fame.”

The 30-year-old star has been with the Padres for the past four seasons. The star infielder has appeared in 519 games with the team.

Last season, he had a .298 batting average with 32 home runs and 102 RBIs in 150 games. He also had a .366 on-base percentage and a .531 slugging percentage.

The 32 home runs were the most in a season since 2019. That was his first season with the Padres when he had 32 home runs, as well.

“Manny’s done well for himself,” quipped fellow infielder Jake Cronenworth said to MLB.com about Machado’s extension. “There’s a reason he has — he’s really good at baseball. … I don’t think there’s a more deserving guy.”