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How Much The Padres Are Reportedly Paying Manny Machado

bryce harper and manny machado talk at third base

BALTIMORE, MD - JULY 10: Bryce Harper #34 of the Washington Nationals and Manny Machado #13 of the Baltimore Orioles talk during their game at Oriole Park at Camden Yards on July 10, 2015 in Baltimore, Maryland. (Photo by Rob Carr/Getty Images)

At long last, Manny Machado has been signed. According to ESPN's Jeff Passan, Machado has agreed to a free agent contract with the San Diego Padres.

The Padres waited it out and got their man, beating out the Chicago White Sox and Philadelphia Phillies. It appears they spared no expense to land the 26-year-old All-Star infielder.

According to MLB.com's Mark Feinsand, Machado got the lucrative, long-term deal he was seeking. The terms of the contract are $300 million over 10 years.

That is less overall money than Giancarlo Stanton got from the Miami Marlins in 2014, when he signed a 13-year, $325 million extension, the largest contract in sports history.

However, Machado's deal is worth more per year, and is the largest free-agent deal ever signed.

Machado may not hold the distinction of being the highest-paid free agent for long. Bryce Harper is still out there, and reports have indicated the Philadelphia Phillies are willing to sign him to a deal north of $300 million.

Finally, we have some movement on the two big prizes in this year's free agent market. One would think Harper will sign somewhere soon.

Stay tuned.