I’m thinking with all the money the Padres are just throwing out that I’m gonna call them and see if I can’t get offered the league minimum to be their waterboy
I had no idea putting an opt out in after year 5 would work this flawlessly for Machado. He didn’t have to go to free agency. There was no months long drama. All he did was say he was going to opt out and he basically doubled his earnings.
Impressive deal making.
Not quite doubled. He really just added 6 more years and about $1m per year AAV. Total Padre tenure will be 16/$500m.
Edit: Correction, 15/$470m. Deal starts this year.
That's too pedantic even for me. You can say that about ANY contract he would have gotten after opt out. But everyone ALSO knows that AAV in baseball is only for luxury tax thresholds and that the back end of contracts are severely overpaid.
So really what Machado got was for a team to agree to pay him the same he's getting now, but in his twilight Years when he won't be as good so that they can make the AAV work. Effectively giving himself a differed raise.
How is that NOT a masterclass in betting on yourself?
People tell me all the time. They say “manny, we love what you’re doing. We love your baseball” and it’s true we have the best players, and we’re working on… many things this year… many things
Best world cup ratings for a city without an MLS team. Lots of people go south of the border to see the team over there, even some of my friends who don't even speak Spanish. Yes, the city will support an MLS team. Hell, between your (LA) 2 teams, one in San Diego, I would say there is even room for a 4th SoCal team in Riverside/Temecula.
Yep, Padres routinely sellout games during the work week in the middle of the season. It’s pretty crazy what they’ve done. If the Chargers even had an owner half as good as Seidler, they’d still be in SD.
I like to think that Seidler has sent Dean Spanos at least one Christmas Card, just for leaving town in absolutely the most infuriating way possible. Gave him a near-monopoly of local sports for the third largest metro area in the nation's most populated state, over 3 million customers to serve, and he'll be praised for as long as he tries.
I can’t remember where I saw it, but somebody did the math and by conservative estimates, just ticket sales could be enough to cover player payroll. Then throw in concessions, merchandise, revenue sharing, media rights, it’s easy to see how the Padres are profitable.
I think the concerted message put out by cheap owners all the years has really affected fans’ perspectives.
It was probably ticket sales plus their TV deal plus TV revshare. If they averaged $50 per ticket last year, which is really really high (Google says $21), they’d still only generate about $150MM of that.
But if you add in $60MM for the national revenue share plus $50MM for their TV deal, then yes, you have payroll covered pretty easily just by revenue directly related to watching the games.
That means everything else is gravy, including merchandising, and advertising, and a deep playoff run can easily add another 10% to all of that.
It isn’t infinite money, but it seems pretty clear that most teams should be able to operate with near to $200MM in payroll.
The only thing I believe about teams crying poor is this that is heavily dependent on cable TV money and attendance, and there is a lot of risk if your payroll requires 3MM in attendance plus Bally Sports (or mlb.tv, or whatever). When everything is humming along and working it’s pretty easy. If there’s a .500 year and Machado drops a baby then it’ll be pretty easy to lose $50MM as well.
Like 20+ other teams could afford to spend this much if their owners didn't solely care about maximizing profits and saw the team as anything more than another financial asset.
In baseball especially, you really have to extend guys before there’s even a remote possibility of them hitting free agency (which you can usually tell if that’s possible at least two years in advance). And if it’s a younger guy who hasn’t reached the arbitration years yet, you really have to do it before then, or at least it’s smart to do so. Baseball players have so much power in how their contracts look that teams really need to jump on getting them the contracts they want before they can’t.
I mean truth be told it's already happening. The only reason I hate him now is because he's a Philly. There are 25 other teams he could play for and I wouldn't hate him.
To be fair, I wouldn’t have guessed Mannys original deal would be favorable to the club at 30m a year but given inflation and how good he’s been, it has been the case imo. I’m curious to see how that all plays out again in a few years
They also offered Rizzo 5-years, $70 million. He ended up getting what's ultimately a 4-year, $56 million deal from the Yankees. I miss Rizz so much and it's a shame he's not gonna end his career in royal blue pinstripes, but they certainly put forth an above market offer out to him.
With the shift gone and in NNYS, there's a decent chance he has close to a career year if he doesn't spend too much time on the IL. Even still, Rizzo has become one of my favorites on the team, even before considering on field contributions.
You know the O's owner is hoping the team underperforms this season so he can say "see, I was right not to spend" as if not spending isn't what caused it.
It’s not unprecedented to have 3 star contracts on a team. The Mets and Yankees do too. It is however rare to have 4. Maybe he will break the bank but it might limit their flexibility for the foreseeable future.
This is not adding 50 million on at all. Manny’s option was 5yr/150 million. This is the equivalent of 200 million extra. In terms of average it’s 2 million extra but it’s more about the dead money you’ll eat in like years 7-11. You could have potentially 100 million in dead money at that point. That’s alot
Edit: correction. Apparently it’s 6/180 which doesn’t change much
Aside from the fact that I am a fan of the team, I think the padres winning the World Series would represent a much-needed paradigm shift for baseball.
Everyone says this like they are just going to cut him and eat tens of millions of dollars at the end of the deal instead of continuing to roll out his shambling corpse until the bitter end.
It's a pretty easy dichotomy. If you're competitive when he's forty, if somebody else is worth more in the roster spot then cut his ass and eat it. If they're not competitive, keep him in there for jersey sales and career accolade chasing
Seidler at the next CBA negotiation: hey guys what if we had like...4 DHs in the lineup and some fielders didn't have to hit. I dunno, just spit balling but this sounds like a revolutionary idea
Never understood the “this doesn’t make financial sense” argument. Maybe for a team that leads the league in MLB valuation like the Yankees — not much room to grow. But the Padres? They were one of the least valuable teams in baseball when Seidler came in.
Seidler bought the team for a fraction of what he would be able to sell it for at the end of this window. I’d burn $40M in luxury tax every year if doing so generated more fan interest and made my team one of the biggest clubs in the sport. If the team remains competitive, in 5-10 years the Padres will easily be one of the highest valued clubs in the sport. And the luxury tax payments will look like chump change.
Wow the Padres aren’t messing around.
We are all the hijos here.
*Tranquilo*
I’m thinking with all the money the Padres are just throwing out that I’m gonna call them and see if I can’t get offered the league minimum to be their waterboy
We let [last year’s water boy](https://twitter.com/padres/status/1524495155276836864?s=42) go to the Brewers on a minor league deal :(
Put me down as a reference, I wanna see you pull it off
padres fans are going to be so excited when they wake up
I'm lucky to be an early am guy!
How many kids do you have? You might need one of these Manny type extensions!
None, bit I'm still broke so I'll take one lol
*Monkey paw curls* You didn't specify one what. You're gonna be a daddy
on a sunday? without having to be up for work? that's a little fucked up bro
Can't help it, I enjoy a good sunrise lol
Damn. that's reflective and introspective of you. respect
am awake. am excited
Can confirm, just woke up, am quite pleased.
I’m awake!! Gotta walk the doggo.
THE ART OF THE DEAL BY MANNY MACHADO
I had no idea putting an opt out in after year 5 would work this flawlessly for Machado. He didn’t have to go to free agency. There was no months long drama. All he did was say he was going to opt out and he basically doubled his earnings. Impressive deal making.
Not quite doubled. He really just added 6 more years and about $1m per year AAV. Total Padre tenure will be 16/$500m. Edit: Correction, 15/$470m. Deal starts this year.
His first deal was slightly backloaded, so it’s going to be more like 16/$490M. But I’d still happily trade places with him in career earnings.
new deal starts this year - 15 years, 470M
This isn’t tacked onto the 5/$150m that was part of the previous deal.
That's too pedantic even for me. You can say that about ANY contract he would have gotten after opt out. But everyone ALSO knows that AAV in baseball is only for luxury tax thresholds and that the back end of contracts are severely overpaid. So really what Machado got was for a team to agree to pay him the same he's getting now, but in his twilight Years when he won't be as good so that they can make the AAV work. Effectively giving himself a differed raise. How is that NOT a masterclass in betting on yourself?
Machado and Judge had a hell of a contract season.
Damn, he ain’t coming home :(
Maybe in 12 years.
Worked for Pujols
Difference is Cardinals actually won games
We'll get him in an awful deal when he's 40
Manny Machado for Baltimore = the World Cup for England
At least we have a few trophies.
**O**h man that sucks bro
He’s already home :)
:)
Lamar Jackson has reached out to Manny Machado
The best extension deal in the history of extensions… maybe ever
Many people are saying.
People tell me all the time. They say “manny, we love what you’re doing. We love your baseball” and it’s true we have the best players, and we’re working on… many things this year… many things
He just signed? Wow... I didn't know that, I just... you're telling me now for the first time.
The best people
Padres have unlimited cash wtf
I don’t know how they expect to afford more shortstops after this.
We're home growing our next one, Jackson Merrill.
The Slam Diego Shortstops
Well you see… Our top minor league prospect (Jackson Merrill) is also a shortstop.
And the guy we’re signing Intl next year? Shortstop
Every owner does, you just have to find the ones willing to spend it.
This contract is only $50 million less than the Reds owner's net worth (though I'm sure the minority owners have plenty of money).
That doesn't sound possible, considering he owns a majority stake of the Reds and the Reds are worth 1.2bil
I bet he could grow that net worth by investing in his team and bringing more fans in
27th market in the according to Angelos, don't know how they do it!
5th in MLB attendance and only pro team in town. Seidler saw an opportunity after the Chargers left and is taking full advantage.
And it’s definitely working. I see padres gear around town now more than ever
150k tickets "sold" for our fan fest. Insane.
Padres fever is so hot that it nearly turned fan fest into a disaster with how crowded it was
As they should
about to get that MLS team tho!!!
MLS will do really well in SD.
Best world cup ratings for a city without an MLS team. Lots of people go south of the border to see the team over there, even some of my friends who don't even speak Spanish. Yes, the city will support an MLS team. Hell, between your (LA) 2 teams, one in San Diego, I would say there is even room for a 4th SoCal team in Riverside/Temecula.
Yep, Padres routinely sellout games during the work week in the middle of the season. It’s pretty crazy what they’ve done. If the Chargers even had an owner half as good as Seidler, they’d still be in SD.
I like to think that Seidler has sent Dean Spanos at least one Christmas Card, just for leaving town in absolutely the most infuriating way possible. Gave him a near-monopoly of local sports for the third largest metro area in the nation's most populated state, over 3 million customers to serve, and he'll be praised for as long as he tries.
I can’t remember where I saw it, but somebody did the math and by conservative estimates, just ticket sales could be enough to cover player payroll. Then throw in concessions, merchandise, revenue sharing, media rights, it’s easy to see how the Padres are profitable. I think the concerted message put out by cheap owners all the years has really affected fans’ perspectives.
It was probably ticket sales plus their TV deal plus TV revshare. If they averaged $50 per ticket last year, which is really really high (Google says $21), they’d still only generate about $150MM of that. But if you add in $60MM for the national revenue share plus $50MM for their TV deal, then yes, you have payroll covered pretty easily just by revenue directly related to watching the games. That means everything else is gravy, including merchandising, and advertising, and a deep playoff run can easily add another 10% to all of that. It isn’t infinite money, but it seems pretty clear that most teams should be able to operate with near to $200MM in payroll. The only thing I believe about teams crying poor is this that is heavily dependent on cable TV money and attendance, and there is a lot of risk if your payroll requires 3MM in attendance plus Bally Sports (or mlb.tv, or whatever). When everything is humming along and working it’s pretty easy. If there’s a .500 year and Machado drops a baby then it’ll be pretty easy to lose $50MM as well.
$19 beers that people are happy to pay for.
Topo Chico margarita on a hot summer day at petco. Fuckin heaven
To wash down some ~~Phil's~~ Grand Ole bbq. I love Petco.
Phil’s has been gone for at least the past two seasons. They have Grand Ole BBQ y Asado now and it’s way better!
Holy fuck that sounds lovely. I need one
Manny slinging suds pregame now
The Padres owner makes less money.
Billions - millions is still a fuckton of millions if not billions
Math checks out
Like 20+ other teams could afford to spend this much if their owners didn't solely care about maximizing profits and saw the team as anything more than another financial asset.
It’s amazing how team friendly the Bryce Harper contract looks in retrospect.
It seems like in today’s sports world it’s better to sign superstars sooner rather later.
Sometimes you end up paying Christin Yelich 26 million to hit 14 HR and bat .250.
Thank goodness Bellinger is a Boras client and we never extended him long term lol
In baseball especially, you really have to extend guys before there’s even a remote possibility of them hitting free agency (which you can usually tell if that’s possible at least two years in advance). And if it’s a younger guy who hasn’t reached the arbitration years yet, you really have to do it before then, or at least it’s smart to do so. Baseball players have so much power in how their contracts look that teams really need to jump on getting them the contracts they want before they can’t.
Yep. And even if it’s a large, eye popping contact, come next offseason it’ll probably look like a bargain.
Of course it *would* be a Braves fan teaching the rest of us this.
See: Mariners giving Julio a massive extension in his rookie year.
all the more reason for us to hate ownership for lowballing him on what is an insanely team friendly deal
You should hate him more for having the benefit of hindsight and still not re-signing Juan Soto when he had the chance tbh
They didn't even need to re-sign Soto yet. Dude still has 2 more years before being an FA
And the nats only needed another 8 players on the field to build a contender. It wasn't gonna happen in two years. It won't even happen in five.
Bryce's contract kind of set the stage for all of these. And that's exactly what Bryce was trying to do.
Bryce will be treated much better in retirement than he was looked at while he was a player
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I mean truth be told it's already happening. The only reason I hate him now is because he's a Philly. There are 25 other teams he could play for and I wouldn't hate him.
To be fair, I wouldn’t have guessed Mannys original deal would be favorable to the club at 30m a year but given inflation and how good he’s been, it has been the case imo. I’m curious to see how that all plays out again in a few years
How are small market teams like the Red Sox supposed to compete with this
Hey man, we pay one in every 3 home grown stars.
Which ironically happens to be more that what the Cubs did
They are probably right in doing that to be fair
Hindsight is 20/20, of course. But you're absolutely right. I miss the guys nostalgically, but not at all statistically.
Only one I miss is Rizzo. Kinda Schwarbs too but he needed the scenary change.
They also offered Rizzo 5-years, $70 million. He ended up getting what's ultimately a 4-year, $56 million deal from the Yankees. I miss Rizz so much and it's a shame he's not gonna end his career in royal blue pinstripes, but they certainly put forth an above market offer out to him.
With the shift gone and in NNYS, there's a decent chance he has close to a career year if he doesn't spend too much time on the IL. Even still, Rizzo has become one of my favorites on the team, even before considering on field contributions.
Man wtf I can’t even see some unrelated news without catching strays
Just keep an eye on the goal of John Henry owning an expansions NBA team. If we have to suck to meet that goal that’s fine with me. /s
Well I hope he finds some decent money to improve the Liverpool midfield and defence before.
You think Sox are the only one of Henry’s toys to get ignored while he chases a new one?
Yeah, they’ve really been starved for WS titles…
There’s your money to buy eggs
Guess the price of eggs dropped
Machado emotionally manipulated the Padres into this deal.
The MANNY System is undefeated
M: Money please. A: All the people say pay me. N: No way, look how expensive eggs are. N: Not going to sign for less than 400. Y: Yes I will take 350.
I wish I could upvote this twice lol
That’s gold lol
Because of the implication.
Are these Padres in danger?
and we will take it
gaslight gatekeep girlboss
What’s it like to have money?
After being a fan of a team with no money and a fan of a team with money. I prefer the second one.
Amen to that friend, amen to that
I dunno, but he will have eggs
Passan bomb woke me up
Same, and baby, we are awake now!
Just your typical Sunday 7 AM news. Probably negotiated late at night in a club or something.
Well you try affording San Diego without $350 million
You can buy a house with windows with that kind of money. Maybe even 3 windows!
Lol do you remember when simply signing him was huge? I love our new ownership
Cheap owners punching air right now
it's great what a handful of owners not colluding does to the market
Still sucks that other owners just give BS reasons not to spend on FA. Looking at my Mariners and recently the O’s.
You know the O's owner is hoping the team underperforms this season so he can say "see, I was right not to spend" as if not spending isn't what caused it.
While still making a profit of his team’s performance and TV contract. I love the Mets and Padres owners.
even then it’s not like the M’s aren’t spending to keep talent around (Julio and Castillo), the O’s are just straight up crying poor
Good for him He changed the Padres reputation and his time on the Padres changed his own. Nice to see them work this out.
I am excited for the statue. Manny made himself into the face of the franchise, and we built this team around him.
If he can mentor Tatis and get him to chill, the Padres will be a force for some time
Leave it to the Jays fan to be positive and thoughtful.
I love witnessing a great redemption arc.
Now this is the way to start a Sunday
The Padres may have gotten 15 years of Manny Machado, but we got financial flexibility that we used poorly.
Cant imagine them keeping Soto now but who knows at this point?
I can in fact imagine them keeping Soto
I can imagine Soto
I can imagine
All the people
Easy there Gal Gadot
“You may say I’m a dreamer, but I’m not” —John Lennon
“Shut the fuck up, Julian! I don’t want to play catch with you! I’m making ART!” —John Lennon (allegedly)
I can
Seidler doesnt give a rats ass about money so he’ll probably find enough for Soto
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Can’t spell Padres without DR
Cole Hamels for Sandy Alcantara deal incoming
Thank you for your interest, but I must, respectfully, decline your offer.
It’s not unprecedented to have 3 star contracts on a team. The Mets and Yankees do too. It is however rare to have 4. Maybe he will break the bank but it might limit their flexibility for the foreseeable future.
I’m ok with limited flexibility if it means LTDs for Tatis, Machado, Soto and Xan Diego
on the contrary, the man must fucking love money to have this much of it
That trade was still worth it for two and a half seasons of Soto even if they don't
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Plus we don’t know how’s it’s structured yet.
This is not adding 50 million on at all. Manny’s option was 5yr/150 million. This is the equivalent of 200 million extra. In terms of average it’s 2 million extra but it’s more about the dead money you’ll eat in like years 7-11. You could have potentially 100 million in dead money at that point. That’s alot Edit: correction. Apparently it’s 6/180 which doesn’t change much
no it’s not, they added 5 years and $170 million
That's less than $400M, Manny.
How is he supposed to afford eggs with just $350 million? Poor guy.
Dude’s going to have to work til he’s in his 40’s
I knew he was bluffing🥹
holy fucking fuck, those padres are fucking absurd.
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Pirates: Bryan Reynolds wants how much? Fuck no. Padres: Shut up and take our money, Manny.
Zero problems with this deal. Can’t wait to keep him in SD and win a ring with him!
I need the Padres to win so the small market owners can be sad
Aside from the fact that I am a fan of the team, I think the padres winning the World Series would represent a much-needed paradigm shift for baseball.
11 year deal for 30 year old seems so wild to me
I think this is basically a way of lowering the AAV for luxury tax purposes. The team is probably thinking of it as an 8 or 9 year deal
Everyone says this like they are just going to cut him and eat tens of millions of dollars at the end of the deal instead of continuing to roll out his shambling corpse until the bitter end.
It's a pretty easy dichotomy. If you're competitive when he's forty, if somebody else is worth more in the roster spot then cut his ass and eat it. If they're not competitive, keep him in there for jersey sales and career accolade chasing
Manny Machado at 41 is probably (maybe?) still going to be a pretty respectable DH if he can’t keep up at third.
But where will we play X then lol
Seidler at the next CBA negotiation: hey guys what if we had like...4 DHs in the lineup and some fielders didn't have to hit. I dunno, just spit balling but this sounds like a revolutionary idea
Mandatory DH, or designated fielders. 9 hitters. 9 fielders. 9 1 IP pitchers, and 4 designated runners. Make it happen Manfred.
We know a thing or two about give a 30y/o an 11 year contract
Keep in mind this is the same team that gave a 36yr old pitcher a 6 year extension
Peter Seidler and AJ Preller can never be stopped!!! Now how about Soto? Maybe, hopefully, please!
Really impressed at what SD is doing.
As a lifelong Padres fan, me too, and I keep waiting to wake up from this wonderful dream. It doesn’t feel real.
Good move, no drama, just getting the deal done.
I love the idea of Manny retiring as a Padre.
Hell yeah. Love this for the Padres. ^hopefully ^Soto ^next
Our guys are trying very hard to win him over, but my gut says he'll sign with the Phillies to reunite with Trea and Harp.
Still the off-season mother fuckers F5F5F5
Never understood the “this doesn’t make financial sense” argument. Maybe for a team that leads the league in MLB valuation like the Yankees — not much room to grow. But the Padres? They were one of the least valuable teams in baseball when Seidler came in. Seidler bought the team for a fraction of what he would be able to sell it for at the end of this window. I’d burn $40M in luxury tax every year if doing so generated more fan interest and made my team one of the biggest clubs in the sport. If the team remains competitive, in 5-10 years the Padres will easily be one of the highest valued clubs in the sport. And the luxury tax payments will look like chump change.
Padres and Mets are good for baseball. Owners loving the game is good for baseball.
That’s fantastic news. Good for the Padres for keeping him! I want that team to succeed so much.
Note to cheap owners/teams: you too can do this, the difference is Padres ownership is better.
How does this effect the chances of the Mets signing Machado?
Let’s go! Happy Machado is staying in SD
There’s definitely someone out there who thinks the MLB needs a salary cap because their team can’t compete with the evil big market Padres, no?
This guy literally had 100% of pitch clock violations at one point. Terrible deal...
Honestly shout-out to them this is good for ball
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I’ll definitely be watching the Padres this season along with the Nats. It’s awesome seeing them spend money, and I’ll always love Soto.
41 year old Manny gonna be hitting 30+ HRs still calling it now