San Diego's star third baseman praises club for believing in him 'from Day 1'; new deal includes no-trade clause, no opt-out
, and a deal was struck that, when completed, will have earned Machado $500 million over 15 total years with the Padres.
The $31.8 million average annual value of Machado’s deal ups the Padres’ commitments in regard to the Competitive Balance Tax by $1.8 million, pushing them barely past the $273 million third threshold. They will pay a 50 percent tax on their first $20 million overage beyond $233 million, a 62 percent tax on every dollar from $253 million to $273 million and a 75 percent tax on every dollar over that up to $293 million.
Not only can players now be further preserved by serving as a designated hitter, which became universal in 2022, but recent seasons have indicated Machado is squarely in his prime.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Padres, Manny Machado agree to new 11-year, $350 million dealDeal will keep star third baseman in Padres pinstripes after he said he planned to opt out following 2023 season
Weiterlesen »
Manny Machado, Padres agree to new $350-million, 11-year dealA person with knowledge of the deal says Manny Machado has agreed to a $350-million, 11-year contract that will keep him with the San Diego Padres.
Weiterlesen »
All-Star Manny Machado, Padres agree to new $350 million, 11-year dealAll-Star slugger Manny Machado has agreed to a new $350 million, 11-year contract that will keep him with the San Diego Padres through 2033, according to a...
Weiterlesen »
Manny Machado signing $350 million contract extension with PadresManny Machado isn’t going anywhere.
Weiterlesen »
Manny Machado agrees to $350 million contract extension with PadresManny Machado, who said he would opt out of his contract if he didn’t have an extension, doesn't have to worry about that anymore. The new pact contains a full no-trade clause and does not include any opt-outs.
Weiterlesen »