Hosmer, Padres agree on eight-year pact
Eric Hosmer and the San Diego Padres finalized their $144 million, eight-year contract Monday night.
The team announced the signing after Hosmer passed his physical. The first baseman, who spent his first seven major league seasons with Kansas City before becoming a free agent this winter, can opt out of the deal after five years.
The contract is the largest in Padres history.
Hosmer gets a $5 million signing bonus payable within 30 days of the contract being approved by the commissioner’s office.