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Eric Hosmer signs new contract with Padres

Infielder Eric Hosmer and the San Diego Padres have finalized their eight-year, $144 million contract on Feb.19, 2018.

Hosmer has spent seven seasons with the Kansas City Royals, and he is now a free agent.

This contract is known as the “largest deal in Padres history.”

His salary will be $20 million each year from 2018-2022 and $13 million annually from 2023-2025 if he doesn’t terminate the deal. Hosmer also gets a signing bonus of $5 million.

"The intangibles and experience that he brings to the table will be vital as we continue the development of our young club and strive to bring a championship to deserving Padres fans everywhere," Executive Chairman Ron Fowler and General Partner Peter Seidler told USA Today.

Hosmer was selected third overall by the Royals in the draft of 2008. He helped the Royals win the AL Pennant in 2014 and the World Series in 2015, according to USA Today.

Hosmer has a .284 career batting average with a .342 on base percentage; he has hit 127 homeruns over his seven-year career. He had a career high .318 batting average in 2017 with the Royals. He has also played in 31 career postseason games, batting.276 with three homeruns and 29 RBIs.

Hosmer won the Most Valuable Player award in 2016. He also helped Team USA win the World Baseball Classic in 2017, batting .385 during the tournaments.