According to MLB.com reporter Mark Feinsand, the deal is for 10 years and worth $300 million, making it the largest free agent contract in the history of American sports.
The deal includes an opt-out after five years, when Machado will still be just 31 years old.
The 26-year-old Machado, a four-time All-Star and two-time Gold Glove winner, played his first six-and-a-half seasons with the Baltimore Orioles before being traded to the L.A. Dodgers last July.
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