Hosmer, Padres agree on eight-year pact

SAN DIEGO

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.

Staff/wire report