The Hot Stove was quiet most of the winter. It was only a matter of time that one of the big free agents in Major League Baseball would sign a deal. The first really big name free agent, Manny Machado, is off the board. He’s now a member of the San Diego Padres.
The deal Manny Machado signed with the Padres is reportedly worth $300 million over 10 years. This contract is the largest in the history of the San Diego Padres. The largest contract in the team’s history was previously Eric Hosmer’s deal for $144 million.
San Diego Padres odds on the move
It took less than 15 minutes for Padres futures odds to be cut in half at the Westgate Las Vegas SuperBook. Padres World Series futures odds went from +10000 (100-1) to +5000 (50-1) shortly after Manny Machado’s deal was announced.
The signing also changed the odds on the east coast. FanDuel Sportsbook in New Jersey quickly updated their division, league, and championship odds.
The Machado Aftermath ????
Padres to win the NL West
Padres to win the NL
Padres to win the WS
— FanDuel Sportsbook (@FDSportsbook) February 19, 2019
The season win total at Caesars Entertainment sportsbooks for the San Diego Padres jumped by two wins on the news of the Machado signing. Prior to the deal, the Padres total was 77.5. Their win total is now 79.5. Caesars‘ odds are available in Mississippi, Nevada, New Jersey Sportsbooks, and Pennsylvania sportsbooks.
For reference, MLB.com projects Manny Machado to have a WAR (Wins Above Replacement) for 2019 that’s around 2.9, 4.7, or 6.6.
FOX Bet in New Jersey has a couple different Manny Machado Home Run prop bets that might make sense to wager on now that he has a deal with the Padres:
- Home Runs: Over/Under 36.5
- Odds to win the Home Run title: 40-1
Up Next: Bryce Harper
Bryce Harper, formerly of the Washington Nationals, is still a free agent. His new deal is expected to eclipse Machado’s deal and might even surpass Giancarlo Stanton’s $325 million contract.
Harper has long been tied to the Philadelphia Phillies even though he’s currently “unsure” about signing with the team. Unlike the Machado signing, Harper to the Phillies shouldn’t move their odds too much.
The potential of Harper signing with the Phillies can be seen in their odds already. The Phillies are 14-1 to win the World Series at Caesars and 13-1 to win the World Series at FanDuel.
The odds of him hitting the most Home Runs in Major League Baseball this season are already 22-1 at BetStars. That’s seventh of all players in the league.