Padres star Machado says he plans to opt out of contract after 2023 season
Machado signed a 10-year, $300 million deal with the Padres in February 2019, a deal that gives him the right to terminate the agreement after this season and become a free agent. The third baseman, who turns 31 in July, would forfeit $150 million from his current deal, which calls for a $30 million annual salary through 2028.
Machado’s contract was a record for a free agent when he agreed to it and the second-largest in the major leagues behind Giancarlo Stanton's $325 million. But he is now tied for the 11th-highest after an offseason topped by AL MVP Aaron Judge's $360 million, nine-year contract to stay with the New York Yankees. The Los Angeles Angels' Mike Trout tops the major leagues at $426.5 million.
A six-time All-Star, Machado is coming off a season in which he finished second in the NL MVP voting. He batted .298 with 32 homers, 102 RBIs, a .366 on-base percentage and a .531 slugging percentage.
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