Padres Star Third Baseman Planning To Opt Out At End Of Year

It appears $30 million is not enough for him.

Manny Machado confirmed on Friday that he intends to opt out of his contract with the San Diego Padres following the 2023 season.

Manny Machado confirms his plan is to opt out of his contract with the Padres following the 2023 season

“There’s a lot of money out there.” pic.twitter.com/EdUHrRbqqH

— B/R Walk-Off (@BRWalkoff) February 17, 2023

Machado's 10-year, $300 million contract with the Padres runs through 2028 and pays him $30 million per year. 

However, Machado plans to use his opt-out and explore the open market. When asked about the situation, the thirty-year-old said, "There's a lot of money out there."

"As a player about to opt-out, it's pretty good to see."

There certainly is more money on the open market and one would assume Machado could easily secure more than he is making right now. 

The Padres are reportedly seeking a long-term extension with Machado, but it would have to be quite significant for them to get a deal done anytime soon.

Last season, the star third baseman posted a .298/.366/.531 triple-slash line, with 32 home runs, 102 RBIs, nine stolen bases and 100 runs scored over 150 games.

Machado is entering his fifth season with the Padres.
Photo Credit: Bill Streicher-USA TODAY Sports