This seemed like a big deal because of the length and the final number, but what really jumped out at me was this; Hosmer's deal is worth $144 million -- $20 million per year the first five seasons and $13 million each of the final three,
Sources: Padres, Hosmer agree to 8-year deal
PEORIA, Ariz. -- After an offseason filled with slow-churning drama, the Padres have landed their top target -- and one of the top targets on the entire market. Eric Hosmer is headed to San Diego, multiple sources confirmed late Saturday night. The 28-year-old first baseman has agreed to an eight-year contract that includes an opt-out after the fifth year, MLB.com's Jon Paul Morosi reports.
The club has not confirmed the deal, which was first reported by the San Diego Union-Tribune. It is pending a physical. According to multiple reports, Hosmer's deal is worth $144 million -- $20 million per year the first five seasons and $13 million each of the final three, along with a $5 million signing bonus -- making it the largest contract in franchise history. Hosmer will have a full no-trade clause for the first three seasons, along with limited trade protection after that.
AJ Cassavell covers the Padres for MLB.com. Follow him on Twitter @ajcassavell.