The Padres and Manny Machado remain in discussions regarding a potential long-term contract extension, reports Dennis Lin of the Athletic. There’s no indication an agreement is likely, through it comes as something of a surprise to hear conversations are still ongoing.
Machado implied last week he’d cut talks off when the sides hadn’t agreed to a deal by February 16, a self-imposed deadline representing the outset of Spring Training. At the time, the NL MVP runner-up said he “just wanted to focus on baseball” and “didn’t want to really continue talking about contracts or the business side of things” once exhibition play got underway.
The star third baseman wasn’t as firm when chatting with Lin about the situation today. “Deadlines are deadlines but they know where I stand,” Machado said. “The opportunity will arise if it comes to that. You know, nothing’s out of question. Obviously, they know how much San Diego means to me and what I want to be here. At the end of the day, they knew exactly where I was when that deadline was set. And we’ll see what happens. Our main focus right now is playing baseball. We’ll see.”
Machado is entering the fifth season of the ten-year free agent deal he signed over the 2018-19 offseason. The contract affords him the chance to opt out of the final five years and $150MM at the end of the 2023 campaign. Machado has already confirmed he’s planning to test the market at the end of the year. That declaration came as no surprise, as he’d be in position to handily beat a $150MM guarantee on the open market if he posted a season at similar levels to his last three years.
A new agreement with the Padres could make that a moot point. San Diego owner Peter Seidler told reporters this week re-signing Machado was his “top priority” (relayed by 97.3 FM The Fan). That obviously could take place after the season if/when Machado tests the market, but Lin’s report again raises the possibility of a deal coming together prior to Opening Day.
Financial terms presently under consideration aren’t known. Kevin Acee of the San Diego Union-Tribune reported last week the club had offered an additional $105MM over five seasons on top of his existing deal, which would’ve brought their outstanding commitment to $255MM between 2023-32.
Seidler has signed off a rapid spending hike over the past few seasons. The Friars trail only the Mets and Yankees in projected 2023 payroll. They signed Xander Bogaerts to an 11-year, $280MM free agent pact this offseason and have already worked out a five-year extension with right-hander Yu Darvish this spring. Bogaerts, Fernando Tatis Jr., Darvish and Joe Musgrove are all counting for more than $15MM annually for the foreseeable future.
That hasn’t deterred Seidler, president of baseball operations A.J. Preller, and their staff from continuing to pursue star talent. The Friars took swings at Trea Turner and Aaron Judge before landing Bogaerts and clearly are hopeful of retaining Machado. They’re also down to two years of arbitration control with Juan Soto, who could be in position for one of the largest deals in MLB history when he hits free agency over the 2024-25 offseason.
Machado owns a .280/.352/.504 line in just under 2200 plate appearances as a Padre. He’s coming off perhaps the best season of his career, one in which he posted a .298/.366/.531 slash with 32 home runs to earn his sixth All-Star nod. Machado typically pairs that middle-of-the-order offense with excellent defensive marks at third base. He’s headed into his age-30 season, so any new deal (either an extension or free agent contract) would figure to come into play for his age-31 campaign and beyond.
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