PEORIA, Ariz.
“We are here to win a championship and we came reasonably close last year. We believe we have every chance this year.” Seidler said. “Non-conflict people are saying, hey, the Padres got a shot. … A year soon, the baseball gods will shine on the San Diego Padres and we’ll have a parade.”
San Diego, which has never won a World Series title, inked Machado to an 11-year, $350 million contract on Tuesday, the fourth-largest deal in baseball history.
Machado receives a $45 million signing bonus, $10 million of which is payable this December 1st and $5 million every December 1st from 2027 to 2033.
He receives salaries of $13 million in each of the next three seasons, $21 million in 2026 and $35 million annually from 2027 to 2033.
Machado receives a full non-trade provision, a hotel suite on road trips and the right to purchase a luxury suite and four premium tickets to each home game. He agreed to make a charitable contribution of 1% of his salary each season.
Machado, who helped turn the Padres into a World Series contender, finished second in the NL MVP race last year as the Padres reached the NL Championship Series before losing to Philadelphia. He aims to solidify an all-star lineup that includes Xander Bogaerts, Juan Soto and Fernando Tatis Jr., who is on track to return April 20 from an 80-game suspension for testing positive for a performance-enhancing drug.
“For San Diego fans, I think we’re going to be here for a long time,” Machado said. “My family and I are going to do a lot of great things for this organization. We’re going to go above and beyond for it and hopefully bring a championship to the city that wants it and wants it. “
Machado and Bogaerts are under contract through 2033 and Tatis through 2034.
Machado hit .298 with 32 home runs and 102 RBI last year and is entering his 12th big league season. The six-time All-Star has a career batting average of .282 with an .833 OPS, 283 homers and 853 RBI.
His contract total trails Mike Trout ($426.5 million for 12 years), Mookie Betts ($365 million for 12 years) and Aaron Judge ($360 million for nine years). However, Machado’s $31.8 million average is only 14th among active players.
Machado, 30, said after this season he planned to opt out of the $300 million, 10-year deal he signed as a free agent in 2019. With the $120 million he already received, the new contract increases Padres commitment. to Machado to $470 million over 15 years.