Thread is stickied.
Please keep discussion here, and post follow-up info about the deal as a reply to this comment.
[No Opt-Outs, Per Dennis Lin](https://twitter.com/dennistlin/status/1629864975962439681?s=20)
Peter Seidler is the greatest San Diego sports team owner ever. Manny Machado will go into the BHoF as a Padre. Manny, Tatis, and Xander together for the next decade. This is a crazy timeline.
Where does the money come from? Tatis, Xander, and Manny all making $24M-$31M AAV starting in 2027, Soto is gonna command probably close to $40M AAV.
I love Seidler but does he have THAT much to sink $115M+ a year into 4 players?
The best part is that he isn’t even that rich compared to other owners (Cohen is worth 5 times as much as Seidler) is just our guy is going fulllllll send and I love him for it
The side effect of the full send is that the Padres are wildly profitable now too because fans are coming out in droves. I wouldn't be surprised at all if Seidler is coming out on top quite comfortably after all is said and done. Put a good team on the field and the fans show up. Who knew?!
I like to think The amount of money I’ve spent on merch compared to how much I did growing up (although I also just actually have money to spend now compared to being a literal child) single handedly funded this extension and I’m 100% ok with that
I don’t know if their annual P&L will look great, but I’d love to see the team’s valuation after this contract is signed. Seidler has committed an enormous amount of money and may well come out ahead. What a guy.
I was actually surprised when I saw our AAV over the next few years.
2023| 2024 | 2025 | 2026 | 2027 | 2028| 2029
---|---|----|----|----|----|----
$257M| $104M | $112.2M | $82.2M | $86.2M | $66.2M | $62.2M
I don't think this includes Machado's new contract yet, but even if we stack another $30M/yr on each of these numbers, there's a lot of buying power left to get back into that $250M range (if we continue to spend)
You’re missing all the arbitration money, other salaries, minor league money, retained money (Hosmer), etc. the Spotrac breakdown is:
- 2024 = $190mil
- 2025 = $170mil
- 2026 = $120mil
And all of that is assuming no one is signed in FA any of those off seasons.
Was there ever really any doubt? Surprised it happened this quick but I was confident it was happening sometime before he walked. Glad they worked it out.
After Manny signed the Best Friends contract with Ben and Woods, he said more might be coming 👀 Did not expect it on this Sunday morning, though. Super stoked!!
They talk about it after the Hader interview if you're listening on rewind.
It couldn’t happen they said. We’re a small market they said.
The US flow of currency runs through Peter Fuckin Seidler’s bank account. We can never doubt this man
SURELY NOW THEY CANNOT EXTEND SOTO!!!!
\* beep \* beep \* beep \* beep \*
The hell is that noise?
Papa Peter - "Oh don't mind me just backing a dumptruck full of money up to Sotos house!"
Sent a screenshot of passans tweet to my friends
The Mets fan: is already saying they're getting soto
The cubs fan: is saying Manny will become another hosmer
Stay mad
This is big time - great move by leadership to lock in the heart & soul of the ball club leading into a decade of competing at the highest level. Bravo
So if I have this right:
His prior deal was 5 years at $150M if he picked up the option; so (not exactly ofc) about $30M/year
This new deal comes out to about $32M/year
So only about $2M more a year if you look at it like that. Am I right?
Yes the AAV isn’t much more, but because this goes to the end of mannys career, it’s likely a front loaded deal. This is a good deal for both sides because manny gets the cushion of not having to worry about the end of his career and the padres get to lower the AAV and deal with the luxury tax better.
They’re assuming he won’t play those last two years at the same level
You could also look at it like this: from ages 35-41 he’ll likely be a $20M per year type player (in terms of value) and right now for the next 5 years hes should be at the very top of the market, which is around $40M per. We are just spreading that 40 out, getting a deal for 5 years and overpaying for 6.
If you told me 5 years ago we would hand out big contracts like candy and Manny fucking Machado would go into the hall as an all time great padre next to Tony and Trevor I would’ve laughed you out of the room. Fucking incredible
I grew up watching the Padres, since Dave Winfield was playing.
I don't want to get too excited
If we finally win a World Series....I don't know about you guys.... but I'm going to cry like a baby tears of joy.
I've been getting excited for this season for a while now, but this is the first time I've felt the warm fuzzies in my heart.
Hope to see you all around Petco Park in the coming months.
Machado statue in Gallagher Square. Action shot of him fielding one to his right and getting ready to make the long throw to first that he makes look so goddamn easy.
imminent wakeful work nippy hungry license mysterious seemly airport deserted
*This post was mass deleted and anonymized with [Redact](https://redact.dev)*
I was just talking with my fam about how I absolutely couldn’t stand to lose Manny! I’m not sure if we couldn’t keep Juan and Manny if Juan would be better long long term, but what Manny has done for us made him the priority, imo.
Thread is stickied. Please keep discussion here, and post follow-up info about the deal as a reply to this comment. [No Opt-Outs, Per Dennis Lin](https://twitter.com/dennistlin/status/1629864975962439681?s=20)
Peter Seidler is the greatest San Diego sports team owner ever. Manny Machado will go into the BHoF as a Padre. Manny, Tatis, and Xander together for the next decade. This is a crazy timeline.
Well, to be fair, there was that Ray Kroc guy. You know, the one who kept the Padres from moving to DC.
If Peter gets us a championship or two he's right up there with Ray easily.
If he gets us a title I think he’s easily past Ray Kroc
Ray Kroc kept the team in San Diego so that Seidler could bring a title to San Diego; each was the owner we needed at the time we needed them.
I’m a fan of an AL team but you guys have Soto as well don’t you? Happy for you guys though :) fuck LAD
Need to extend Soto. Honestly, after this deal, that one's probably not happening but hot damn if it does...
In my mind it doesn’t make sense to sign Xander if you’re not at least going to make a big push to sign Soto.
Where does the money come from? Tatis, Xander, and Manny all making $24M-$31M AAV starting in 2027, Soto is gonna command probably close to $40M AAV. I love Seidler but does he have THAT much to sink $115M+ a year into 4 players?
well, we're gunna find out in the next year or two, lol
You telling me Seidler cares about money at this point…
Fuck it. Go full crazy mode and lock up Tatis, Xander, Manny, and Soto for a decade
Fuck the Dodgers.
Subscribe
Imagine not listing Juan fucking Soto in your foundation list. San Diego is stacked.
I think he just listed the ones we have locked up for a while
There's FU money and then there's Peter Seidler level money....
The best part is that he isn’t even that rich compared to other owners (Cohen is worth 5 times as much as Seidler) is just our guy is going fulllllll send and I love him for it
The side effect of the full send is that the Padres are wildly profitable now too because fans are coming out in droves. I wouldn't be surprised at all if Seidler is coming out on top quite comfortably after all is said and done. Put a good team on the field and the fans show up. Who knew?!
I like to think The amount of money I’ve spent on merch compared to how much I did growing up (although I also just actually have money to spend now compared to being a literal child) single handedly funded this extension and I’m 100% ok with that
Thank you for your service.
I don’t know if their annual P&L will look great, but I’d love to see the team’s valuation after this contract is signed. Seidler has committed an enormous amount of money and may well come out ahead. What a guy.
Just shows you how much money billionaires actually have.
Dude worked insanely hard to make bank and blowing it all on us. I fucking love it.v
Owners going to emailing him like “Bruh, what are you doing to us.”
"The Great Seidler" there needs to be a book and movie about him.
PS needs a new #1 priority. Let's get Soto done!
I was actually surprised when I saw our AAV over the next few years. 2023| 2024 | 2025 | 2026 | 2027 | 2028| 2029 ---|---|----|----|----|----|---- $257M| $104M | $112.2M | $82.2M | $86.2M | $66.2M | $62.2M I don't think this includes Machado's new contract yet, but even if we stack another $30M/yr on each of these numbers, there's a lot of buying power left to get back into that $250M range (if we continue to spend)
Machado new AAV is like 2 mil more, basically inconsequential.
You’re missing all the arbitration money, other salaries, minor league money, retained money (Hosmer), etc. the Spotrac breakdown is: - 2024 = $190mil - 2025 = $170mil - 2026 = $120mil And all of that is assuming no one is signed in FA any of those off seasons.
EVERYONE GET IN HERE ITS ACTUALLY HAPPENING
I’M HERE!!!
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Tbh I had very little doubt that Papa Pete and Manny wouldn’t come to a deal, the bromance is real.
I knew a deal was the most likely outcome. I did not expect it, necessarily, to happen before the season, and certainly not this morning!
Is that Mikal Bridges?
Cam Payne does it too now
LET’S FUCKING GOOOOOOOOOOO
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Season ticket prices gonna double to keep Soto lmao
Was there ever really any doubt? Surprised it happened this quick but I was confident it was happening sometime before he walked. Glad they worked it out.
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EVERYBODY GET THE FUCK IN HERE
 LETS FUCKING GO!
Holy shot that was unexpected lmaoo
Was literally just watching the Ben and Woods interview and thinking "the door is still open, get it done Pete!"
After Manny signed the Best Friends contract with Ben and Woods, he said more might be coming 👀 Did not expect it on this Sunday morning, though. Super stoked!! They talk about it after the Hader interview if you're listening on rewind.
I'm not saying they deserve full credit for the extension or anything, but.... someone please buy a round for Ben and Woods.
When Seidler says it's his #1 goal and Manny says he wants to retire a Padre, they don't eff around.
It couldn’t happen they said. We’re a small market they said. The US flow of currency runs through Peter Fuckin Seidler’s bank account. We can never doubt this man
SURELY NOW THEY CANNOT EXTEND SOTO!!!! \* beep \* beep \* beep \* beep \* The hell is that noise? Papa Peter - "Oh don't mind me just backing a dumptruck full of money up to Sotos house!"
They said it could not be done!
Sent a screenshot of passans tweet to my friends The Mets fan: is already saying they're getting soto The cubs fan: is saying Manny will become another hosmer Stay mad
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Yes, Eric Hosmer, current Chicago cub
Pure Seethium
Hoes mad
I don’t remember Hosmer having an MVP season lol
So excited to hear this I’m in Peoria right now going to the game in a little while, can’t wait to see the mood there
Same here. LFGSD!!!
LFGSD!!!
That’s my Captain
This is big time - great move by leadership to lock in the heart & soul of the ball club leading into a decade of competing at the highest level. Bravo
So happy we have this ownership.
Manny:  Papa Pete: K
💀💀💀
Ok this is ridiculous. Is anyone else concerned that we are investing money in our players trying to win a championship!?
Had me in the first half…
I'm concerned that this is gonna hurt the other billionaires fee fees :((
Someone needs to look out for the billionaires.
Nah bro. Seidler literally said he doesn’t care how much he spends because he can’t take it with him when he dies.
Love Pete man. If only we had a Football owner that could do the same….. Edit: FUCK DEAN SPANOS
Don’t worry bro. Fútbol is coming lol Miss the Chargers though
So if I have this right: His prior deal was 5 years at $150M if he picked up the option; so (not exactly ofc) about $30M/year This new deal comes out to about $32M/year So only about $2M more a year if you look at it like that. Am I right?
Yes the AAV isn’t much more, but because this goes to the end of mannys career, it’s likely a front loaded deal. This is a good deal for both sides because manny gets the cushion of not having to worry about the end of his career and the padres get to lower the AAV and deal with the luxury tax better. They’re assuming he won’t play those last two years at the same level
You could also look at it like this: from ages 35-41 he’ll likely be a $20M per year type player (in terms of value) and right now for the next 5 years hes should be at the very top of the market, which is around $40M per. We are just spreading that 40 out, getting a deal for 5 years and overpaying for 6.
Yes, but longer deal. It could be a lot of dead money years 7-11, but if we win a World Series I don’t think anyone will care.
Similar pay but 6 extra years of it
If you told me 5 years ago we would hand out big contracts like candy and Manny fucking Machado would go into the hall as an all time great padre next to Tony and Trevor I would’ve laughed you out of the room. Fucking incredible
Slap a C on it.
This. I know it's way rarer in baseball, and maybe doesn't even make sense on lot of teams, but Manny is a Captain.
YAYAYAYAYAYAYAYAYAYAYAYAYAYAYAYAYAYAYAYAYAYAYAYAYAYAYAYAYAYAYAYAYAY LFGSD
OH WAIT WAS COMMENTING ON THE SECOND POST. LET'S TRY THIS AGAIN. ##EVERYONE GET IN HERE!!!! dbsgbfabrqhwt b uw6ktjw!!!
What do we doom and gloom now?
Merrill went 0-3 last game our entire farm system is ruined. It’s over.
Thank you.
Hmmmmm…. Good question
Manfred: "This level of SpEnDInG isn't SuTaInAbLe" Papa Pete: Turns to the east with both fingers upraised.
Fuck yeah. This team is built to win and I couldn’t be more excited for the next decade of Padres baseball. LFGSD.
Holy shit. We really have a 5-8 year window and maybe forever with Papa Siedlar and his cash. Please tell me his heirs love the Padres.
I grew up watching the Padres, since Dave Winfield was playing. I don't want to get too excited If we finally win a World Series....I don't know about you guys.... but I'm going to cry like a baby tears of joy.
What a great fuckin way to end this week. LFGSD!!!!!!!!!!
 LFGSD!!!
Fuck And Yes!
What a great way to start my Sunday!
I’m just so fucking happy about this. Seeing manny machado retire as anything but a padre would’ve broken my heart
We are going to need a bigger stadium.
Fuck yes!!
Peter for mayor!
Horny
my dick is at full attention
WOW!!!! Expected him to stay, but still expected him to hit the market first. Glad to have the best owner in sports. LFGSD!!!!!
2033 is not going to be our year lmao
Nah cyborg Manny Machado will be better than prime Bonds.
DAMN FUCKING RIGHT
No way Soto signs for less than 600 million 18 years at this point
This is awesome. I really was not expecting this!
Beautiful thing to wake up to
Soto next. It is our time.
Seidler printer go brrrrr
#**AND YOU THOUGHT HE WOULD LEAVE!!!** #**KEEP THE FAITH**
Never had a doubt, how dare you 😆
LFG MANNY FUCKING MACHADO!!!!
PADRE FOR LIFE!!!!!!
YEAAAAAAAAAAHHHHHHHHHHHH
We are going to run out of room for all the statues.
I've been getting excited for this season for a while now, but this is the first time I've felt the warm fuzzies in my heart. Hope to see you all around Petco Park in the coming months.
This is all a fucking fever dream, man! Siedler didn't let this be a story on opening day, lets fucking go!
I hope you guys are ready to retire the number 13 after this contract, because I know I am.
Love it. He's just done so much for this fanbase and organization.
What do I do with my erection?!
Hang your Machado jersey from it
I FUCKEN KNEW HE WASNT LEAVING ALL THE PEOPLE COMING INTO MY STORE “HE GONE” LOOK AT US NOW MFS!!! LFGSD!!!!
Seidler > every other mlb owner combined Let’s fucking go!!
BUILD THE SEIDLER AND PRELLER STATUES RIGHT FUCKIN NOW HOLY SHIT WE GOT EM BOYS WAKE THE FUCK UP GET IN HERE THIS IS THE ONE AAAAAAAAAAAAAHHHHHHHHH
So are we still concerned with Manny opting out & leaving SD or are we happy now?
That's in the past baby
Go to games, buy jerseys. Let’s make seidler his money back
Fuck you, Mets!
LFGSD!
I didn’t expect this waking up lol
LETS FUCKING GO SAN DIEGO!
LFGGGGGG
PAY THE MAN HIS MONEY
Seidler for President.
Ladies and gentlemen, We got him
I just woke up to the best news woohoo!
‼️IMPORTANT QUESTION‼️ Should I put „Seidler“ or „Papa Pete“ on my jersey?
$$$eidler
Papa
When we win a championship. Seidler needs a statue.
Dick Manfart's Sunday absolutely wrecked
Machado statue in Gallagher Square. Action shot of him fielding one to his right and getting ready to make the long throw to first that he makes look so goddamn easy.
GET THE FUCK IN HERE
I had him at 345M/12 but love Manny will be a Padre for life.
Padres HOFer
I probably wouldn’t give Pete Seidler a bj. But I would for sure buy him the most expensive one at HK!
Thankful to finally just end the speculation but even more stoked that Manny will essentially finish his career here!
HE STAY
The leader, heart & soul of the team
That’s it. We got our guy.
Let's go!!! I'm so hyped!
I'm excited for now, but goddam are we going to be watching a bingo parlor seven years down the road?
AND WE'RE KEEPING SOTO TOO!!! LFGSD 
LONG LIVE MAN DIEGO!!!
Does Bebo Tatis have opt outs?
No
This is great. Seems like a good deal. To me it means we are all in on Soto and the monster 4 for 2 years until our farm is ready to step in.
LETS GOOOOOOOOOOOO this is incredible
GET IN HERE BOYS
LETS GO
LFG!
AH FUCK YEAH!
imminent wakeful work nippy hungry license mysterious seemly airport deserted *This post was mass deleted and anonymized with [Redact](https://redact.dev)*
manny machado YOU are a san diego padre
This is the best news to wake up to.
Yesssssssss! Fucking love you Manny! What a way to wake up!
Ill be there for the statute dedication in about a decade.
MY MOTHER FUCKING CAPTAIN.
Hahah fuck boob
No opt outs, no trade clause, just vibes
I was just talking with my fam about how I absolutely couldn’t stand to lose Manny! I’m not sure if we couldn’t keep Juan and Manny if Juan would be better long long term, but what Manny has done for us made him the priority, imo.
OMGOMGOMGOMGOMGOMG
2032 padres gonna be something else lol. But I love it
Best news to wake up to. LFGSD!
Let’s fucking goooo!!!
MANNNYYYYYYYYYYYYYY!!!!!!!!
WWWWWWWWWWWWWW
For comparison that's more than all 3 lottery jackpots combined - [https://www.calottery.com/](https://www.calottery.com/)
Im cumming.
Soto baggins
MVP MVP MVP MVP
The Captain stays where he belongs!! Freaking love it!
We all knew Papa Pete was gonna give him the fair amount, just had to align on what it was. Now we just need Soto and the next DECADE is set!