About Boardroom

Boardroom is a media network that covers the business of sports, entertainment. From the ways that athletes, executives, musicians and creators are moving the business world forward to new technologies, emerging leagues, and industry trends, Boardroom brings you all the news and insights you need to know...

At the forefront of industry change, Boardroom is committed to unique perspectives on and access to the news, trending topics and key players you need to know.

All Rights Reserved. 2022.

Manny Machado Contract & Salary Breakdown

Last Updated: July 1, 2023
He asked and he received — Boardroom takes a look at the San Diego Padres’ reworked (and massive) Manny Machado contract.

The San Diego Padres know how to spend a bit of dough. They’ve got franchise shortstop (and potential future outfielder) Fernando Tatis Jr. locked in through the 2034 season. They handed shortstop Xander Bogaerts $280 million in free agency. And now, the hits just keep coming.

On Feb. 26, ESPN insider Jeff Passan was first to report that the Fathers had reworked their head-turning deal with third baseman — and yes, former shortstop — Manny Machado, who had previously indicated intentions to opt out of his deal following the 2023 season. Now, his 10-year, $300 million pact is kaput in favor of something even more eye-popping.

How does an 11-year, $350 million contract sound?

It’s all very much in keeping with the explosive spending around the MLB this offseason that has rendered the $300 million total value threshold somehow quaint by comparison. With that in mind, let’s explore the finer details of San Diego’s blockbuster Manny Machado contract.

Sign up for our newsletter

Get on our list for weekly sports business, industry trends, interviews, and more.

Manny Machado Contract Details & Salary

Salary data via Spotrac.

Years: 11
Total value: $350,000,000
Average annual value: $31,818,181.82
Free agency: 2034

Machado’s previous contract terms (2019-2022):

Years: 10
Total value: $300,000,000
Average annual value: $30,000,000
Free agency: 2029

All told, the deal takes Machado through his age-40 season and includes a full no-trade clause. It also confirms that the Padres have five different contracts on the books worth more than $100 million in total value, as well as three at 11 years and $280 million or higher.

Combining the Machado, Tatis, and Bogaerts deals together, you’re looking at 36 years and $970 million in commitments to three guys who all played shortstop at one time or another.

Nice work if you can get it.

Let’s note a few superlatives while we’re at it — Machado’s deal is:

  • The No. 4 largest in MLB history by total value and No. 1 all-time among third basemen
  • The 13th-largest contract in league history by average annual value
  • Larger than the career MLB earnings of every player all-time besides Alex Rodriguez ($455.16 million) and Miguel Cabrera ($353.19 million)

Manny Machado’s Career Earnings

Salary earnings data via Spotrac.

TOTAL MLB EARNINGS THRU 2022: $140,560,896


More Contracts & Salaries:

About The Author
Sam Dunn
Sam Dunn
Sam Dunn is the Managing Editor of Boardroom. Before joining the team, he was an editor and multimedia talent for several sports and culture verticals at Minute Media and an editor, reporter, and site manager at SB Nation. A specialist in content strategy, copywriting, and SEO, he has additionally worked as a digital consultant in the corporate services, retail, and tech industries. He cannot be expected to be impartial on any matter regarding the Florida Gators or Atlanta Braves. Follow him on Twitter @RealFakeSamDunn.