Machado signs $300M deal with Padres
As star infielder reportedly agrees to 10-year deal with San Diego, all eyes shift to his friend Harper
For more than three months they have circled each other, 26-year-old superstars with the same objective: sign a massive, industry-standard free-agent contract.
Manny Machado and Bryce Harper are friends, but this winter they were also competitors, as their agents worked the markets with one eye on the other in a high-stakes game of chicken, with the winner the man who emerges with the bigger deal.
Now that Machado has come off the board, having reportedly agreed with the San Diego Padres on Tuesday to a 10-year, $300-million contract — for now, at least, the largest for a free agent in major sports history — the final say will belong to Harper and agent Scott Boras.
And there is every reason to think their answer, as Major League Baseball teams prepare for their first exhibition games this week, is coming soon.
Machado’s massive deal — which remains unofficial pending a physical exam — brought to a close one-half of baseball’s twin off-season dramas: the simultaneous pursuits of two of the most highly coveted free agents in recent history.
The Machado contract surpasses Alex Rodriguez’s 2007 deal with the New York Yankees (10 years, $275 million) as the largest for a free agent in history — although the 10-year, $325-million extension Giancarlo Stanton signed with the Miami Marlins in 2014 remains the largest overall deal.
The Padres, who haven’t made the playoffs since 2006 and lost 96 games last season, may have been a surprise suitor at the start of the winter, but they were a steady presence at the front of the market for Machado all off-season.
Boasting the game’s best farm system, with no fewer than 10 of the game’s top 100 prospects, according to MLB Pipeline, the Padres already had a glowing future.
But they saw an opening in both the National League West and their own metropolitan area — where the departure of the NFL’s Chargers left them as the only major sports franchise in town — to strike now.
The $300 million they are set to give Machado more than doubles their previous biggest free-agent signing — the $144 million they handed Eric Hosmer exactly a year before, which was also the industry’s largest of that winter — but gives them a superstar cornerstone to surround with their wealth of young talent. Their 2019 payroll was at less than
$80 million before the Machado signing.
Machado’s deal reportedly contains a player opt-out clause after five years, which would permit him to return to free agency at the end of 2023, when he would be 31. Machado had expressed a preference to play shortstop in his dealings with prospective teams, but will likely be a third baseman in San Diego, as Fernando Tatis Jr., the No. 2-ranked prospect in baseball, is the Padres’ shortstop of the future.
The Chicago White Sox appear to have been the runners-up for Machado, reportedly offering a guaranteed $250 million over eight years, but with options and incentives that could have boosted the overall payout to $350 million by the end of the deal. But Machado and agent
Dan Lozano took the higher, record-setting guarantee.
“This morning,” White Sox president Ken Williams told reporters Tuesday, “I honestly believed we had the best offer on the table.”
The Padres had also shown interest in Harper, the former Washington Nationals right fielder, meeting with him and his representatives in January in Harper’s hometown of Las Vegas, but it is not known whether they submitted a firm offer.
With many of baseball’s traditional biggest spenders — the New York Yankees, Boston Red Sox, Los Angeles Dodgers and Chicago Cubs — largely staying out of the Machado/Harper sweepstakes, their markets were largely confined to the same group of teams: the Padres, White Sox, Philadelphia Phillies and, at least in the case of Harper, the Nationals and San Francisco Giants.
As a result, Harper’s ultimate landing spot is likely to come out of that group, and it is the Phillies — whose owner John Middleton famously declared to USA Today in November his willingness to be “a little stupid” with his spending this winter — who have been widely viewed for weeks now as Harper’s likeliest destination.
Phillies general manager Matt Klentak told reporters Tuesday the reported terms of the Machado deal “will exceed our valuations” — adding, “sometimes you have to be willing to walk away” — but did not pull his team out of the Harper sweepstakes.
Machado, drafted by the Baltimore Orioles two spots behind Harper in 2010, has been one of baseball’s best all-around players since debuting at Camden Yards on Aug. 9, 2012.
He has amassed 175 homers, four all-star appearances and two Gold Gloves (both at third) in parts of seven seasons, while averaging 4.8 wins above replacement (Baseball-Reference version) per season.
Aware they had no chance of retaining him, the Orioles traded Machado to the Dodgers for prospects at last year’s trade deadline, and he helped the Dodgers advance to the World Series.
But he also did his free agency no favours by telling Fox Sports during an interview in October that he was “not the type of player that’s going to be ‘Johnny Hustle’ ” — a self-characterization that, even after he attempted to clarify the remarks, confirmed for many the widespread view that he was not a good team player.
Perhaps tellingly, the Dodgers, despite being one of the richest teams in the game in terms of revenue, made almost no effort to retain Machado at the end of 2018.