Manny Machado says he plans to exercise the opt-out clause in his contract with the San Diego Padres after this season.
Machado signed a 10-year, $300 million deal with the Padres in February 2019, a deal that gives him the right to terminate the agreement after this season and become a free agent. The third baseman, who turns 31 in July, would forfeit $150 million from his current deal, which calls for a $30 million annual salary through 2028.
“Obviously the team knows where I stand, my situation with the opt-out coming,” Machado told reporters Friday at the Padres’ spring-training camp in Peoria, Arizona.