Bob DeChiara-USA TODAY Sports

Padres sign Manny Machado to 10-year, $300 million contract

By Matt McCarthy, 985TheSportsHub.com

Manny Machado spent the entire offseason looking for a $300 million deal.

He finally got it.

According to multiple reports, the star infielder has signed a 10-year, $300 million contract with the San Diego Padres. ESPN's Jeff Passan was the first to report the agreement.

According to Passan and Mark Feinsand of MLB.com, the deal includes an opt-out clause after the fifth year of the contract.

The Padres might not be done yet. According to reports that surfaced Monday, the team is still in the hunt for outfielder Bryce Harper, who may surpass Machado's $300 million when he signs in the coming days and weeks.

Machado's contract, for now, is the largest free agent agreement in the history of American sports.

While much of baseball has pushed away from spending money the last two offseasons, the Padres have done the opposite. They signed first baseman Eric Hosmer to an 8-year, $144 million contract last year.

You can hear Matt McCarthy on 98.5 The Sports Hub's own Hardcore Baseball podcast and on various 98.5 The Sports Hub programs. Follow him on Twitter @MattMcCarthy985.