We heard least night that Nick Martinez was coming back to the Padres on a three-year deal but we didn’t know how much money he was going to get. Now we know.
Kevin Acee wrote in the San Diego Union-Tribune today that Martinez could get up to $42 million in this new deal. The 32-year-old gets $10 million guaranteed in 2023. Then he has the opportunity to opt-out.
If Martinez opts out, the Padres can still make sure he returns by using their $16 million club option in 2024 and 2025. If he opts in for 2024 and 2025, then he will get $8 million guaranteed in 2024 and 2025.