New York has made an offer to Machado for $220 million over seven to eight years, according to baseball analyst and former MLB general manager Jim Duquette.
[email protected]_Duquette has the latest on the Yankees’ pursuit of Manny Machado ? pic.twitter.com/ExZqqdghxq
While the offer is aggressive, Duquette notes the problem for the Yankees is “a lot of teams are in that range also” and “another club has gone further than that.” He also stated the Yankees aren’t going to be the highest bidder.
The report comes after Yankees principal owner and managing general partner Hal Steinbrenner addressed why New York hasn’t signed Machado or Bryce Harper.
“If there’s a narrative that we’re not spending money and being cheap, it’s just false,” Steinbrenner said Thursday, via ESPN. “I mean, we’re well above $200 million (in payroll) – we’re at $220 (million) right now – and we’re well above where we were last year.
“Fans should keep an open mind that I’m never done until I’m done, and that’s usually not until Opening Day. … Proposals come to me every day with these guys, between the analytics guys and the pro scouting guys, and I’m going to consider every single one of them.”
In addition to the Yankees, Machado met with the White Sox and Phillies at the end of December. The Padres also joined the mix last month after rumors emerged that Machado had been offered a seven-year, $175 million contract by an unspecified team – far cheaper than most early estimates of what it would take to sign him.
MLB hot stove: Hal Steinbrenner talks Bryce Harper, Manny Machado
As one of this offseason’s most coveted targets, previous reports indicated Machado could be in line to earn multiyear deal that pays him upward of $300 million.
Machado, 26, is coming off a season in which he was sent from the Orioles to the Dodgers before the trade deadline. He registered a .297/.367/.538 slash line in 162 games. He also hit 37 home runs and tallied 107 RBIs. He has made four All-Star teams and won two Gold Glove awards in his seven-year MLB career.
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