The San Diego Padres are in the process of signing Manny Machado to a 10-year, $300M contract. To say that this is a big deal is an understatement. #PadresTwitter was thrown into chaos and celebrations continued late into the night. Meanwhile, the Phillies and White Sox fan bases are devastated and stunned that this little po-dunk organization made such a huge move. Ink hasn’t been put to paper yet, but some of the far-reaching effects of this move are already coming into focus. In the first part of a two-article series, here are some ruminations about the impact of this signing on the finances of the Padres and the rest of the league.
Manny Machado’s ripple effects, Part 1: The Money
