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AP: Machado, Padres Agree To $300 Million, 10-Year Deal

SAN DIEGO (CBSNewYork/AP) — The super-rich New York Yankees were never going to pay Manny Machado megabucks over a decade or more.

The small market San Diego Padres, however? That’s apparently a different story.

A person familiar with the negotiations told The Associated Press on Tuesday that All-Star infielder Machado has agreed to a $300 million, 10-year deal with the rebuilding Padres, the biggest contract ever for a free agent.

The person spoke to the AP on condition of anonymity because the agreement was subject to a successful physical and had not been announced.