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Manny Machado didn't just make MLB history with his 10-year contract deal with the San Diego Padres. He made American sports history. Machado now owns the mantle for most lucrative deal in all of US sports history, worth $300 million over a 10-year period. $30 mill a year.
Giancarlo Stanton used to hold this record, another MLB signing that back in 2014 was worth $325 million for 13 years.
This is just insane to me. My gut reaction is how in the world can a baseball player make that much more than the very best NFL player? Digging into the numbers a little bit though, it does make sense.
Take the NFL. Their highest paid guy in the whole sport is Aaron Rodgers. He just signed a $134 million contract for 4 years. That's $33.5 million a year. So yearly its a bit higher than Mannys. Ok, but I'm sure Rodgers would rather the 10 year guarantee.. only problem with that is quarterbacks don't have the same shelf life as a baseball player, generally speaking. So no NFL team would be willing to guarantee that kind of time frame. That's why you see 10 year deals in the MLB vs 3-5 year deals in the NFL. It's just the nature of the beast of the sport.
But then again, looking at Rodgers, the numbers get even more interesting when you consider bonuses. For 2018 as an example he actually earned $66.9 million. Yeah, bonuses really leveled things off quickly. I don't know what bonuses Machado can earn past $30 mil per year, but I seriously doubt its anywhere close to double.
Then there are endorsements. Rodgers earned $9 in 2018 as well. So he really earned $75 million in one year. Damn. Machado of course has all the ability in the world to earn something similar.
So just comparing the top 2 earners, one for MLB and the other for the NFL, neither has any room to complain. Do you think its crazy to pay these guys that amount of money? Or do you think their product and draw appeal for their sports justifies it? Also who do you think came out better, Rodgers or Machado?
Also keep in mind that teams have opt out clauses with both of these contracts, so neither will necessarily receive 100% of their contract money. For Manny for example, his deal 'reportedly features an opt-out provision after the fifth year, per Yahoo Sports' Tim Brown'.