Manny Machado set the Padres a deadline of February 16 to offer him an extension that would’ve meant he avoided free agency at the end of the 2023 season, according to Kevin Acee of the San Diego Union-Tribune. According to Acee, the Padres made just one offer to Machado two days prior to his deadline, offering to tack on an extra five-years and $105MM to his current deal. That would’ve taken their total commitment to Machado to 15-years, $405MM. Machado is planning to opt out of his contract at the end of the season, and combining the remaining value of Machado’s contract (five-years, $150MM from 2024-28) with this new offer would’ve equated to a ten-year, $255MM deal.

According to Acee’s report, Machado confirmed in a brief interview that in early December he set the Padres a deadline of February 16  because “I just wanted to focus on baseball. So once the season started, I didn’t want to really continue talking about contracts or the business side of things. I just want to focus on my team and the guys in here and what our goal is — to win a championship. So (Thursday) was our deadline, and after that it was just focus on baseball, going out there and winning.” Machado’s interview also confirmed that he received just the one offer from San Diego, but did not confirm the terms reported.

Machado’s current ten-year, $300MM deal runs through the 2028 season, but contains a player opt out at the end of 2023. Machado confirmed just yesterday his intentions to exercise that clause and opt out of the remaining five-years, $150MM on his deal.