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Small-market Padres take meaningful step forward with Machado deal

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19.02.2019

For most of the off-season, we’ve seen baseball’s richest teams operate like their small-market counterparts, seeking advantages on the margins instead of overwhelming an impressive free agent class with competitive offers.

Asked recently why the Cubs haven’t spent more money, team chairman Tom Ricketts replied: “We don’t have any more.”

Even as a historically talented class of players hit free agency, the Cubs, Yankees and Dodgers prioritized modest signings like Brad Brach, J.A. Happ and Joe Kelly.

Meanwhile, the small-market Padres just agreed to the biggest free agent contract in baseball history. San Diego has reportedly agreed to sign Manny Machado to a 10-year, $300-million contract that includes an opt-out after the fifth year.

The deal offers a reminder that every club has the capacity to spend big. Thanks to revenue sharing, lucrative TV deals and the success of MLB Advanced Media, all 30 teams have more ways of making money than ever (before even considering their constantly rising franchise values).........

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