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Padres' Updated Payroll After Fernando Tatis Jr.'s Reported $340M Contract

Fernando Tatis Jr. and the San Diego Padres have agreed to a 14-year, $340 million contract extension, according to Robert Murray of FanSided.

That makes the 22-year-old the holder of the largest deal for a shortstop in MLB history. The previous record belonged to Alex Rodriguez, who once signed a 10-year, $275 million contract with the New York Yankees.

Here's a look at what that means for the Padres' payroll.

The deal carries an average annual value of $24.3 million, an AAV that would put him slightly behind teammate Manny Machado's $30 million AAV.