Source: Machado, Padres agree to $300M, 10-year deal

SANDIEGO(AP)>> person said.

Machado’s agreement would be the second-largest in baseball history behind Giancarlo Stanton’s $325 million, 13-year deal signed with the Miami Marlins ahead of the 2015 season. It would be the highest deal for a free agent, topping Alex Rodriguez’s $275 million, 10-year contract with the New York Yankees from 2008-17.

More records may be broken soon. Free agent outfielder Bryce Harper could top Stanton’s deal in coming days or weeks.

That won’t matter a bit to Padres fans, who have never celebrated a World Series title and were keeping their fingers crossed in recent days as it became apparent that their team, with a mostly sad- sack history stretching back a half- century, actually had a chance at landing Machado, who is only 26.

Some fans seemed braced for yet another disappointment. But news of the deal was greeted with euphoria on social media.

Speaking at spring training in Peoria, Arizona, Padres executive chairman Ron Fowler declined to confirm the deal, saying: “We do not have a deal with any free agent player. We are continuing discussions, and that’s all we have to say.”

Teams draw a distinction between an agreement subject to a physical and a fi- nalized deal.

While Fowler looked serious, general partner Peter Seidler couldn’t help but smile while waiting for his turn to speak.

Without confirming the deal, Seidler — a nephew of former Los Angeles Dodgers owner Peter O’Malley — spoke of what his ownership group wants to bring to San Diego, where the Padres play in a gem of a ballpark just off the bay.

“Ron and I, we love the city of San Diego, we love sports in San Diego, but we’re also well aware of the history. There’s never been a championship from a major sports franchise in San Diego. ... We as an organization want to completely change that. We want our franchise to win year after year after year. And we’re going to do whatever we can rationally do to help make that happen.”

The Padres lost 96 games last year, haven’t had a winning season since 2010 and haven’t been to the playoffs since 2006. They haven’t won a playoff series since the 1998 NL Championship against Atlanta. They were routed in their two World Series appearances, by Detroit in 1984 and the New York Yankees in 1998.

And they’ve had the city’s big league sports scene to themselves since the NFL’s Chargers moved to the Los Angeles area two seasons ago. The Chargers did win the AFL title in 1963 but were blown out by San Francisco in their only Super Bowl appearance, after the 1994 season.

Other than the AFL title, the biggest championships won around here were probably Little League World Series titles in 2009 by Park View of Chula Vista and in 1961 by El Cajon-La Mesa Northern, which included Brian Sipe, who won the NFL’s MVP Award in 1980.

Padres players were ecstatic, even though the signing was not yet official.

Catcher Austin Hedges was headed toward bunting drills when he heard the news. He pumped his fists and said, “I’m just that excited about bunting.”