How does Manny Machado's $350 million signing stack up against Baseball's biggest deals?

Manny Machado has signed a blockbuster 11-year deal with the San Diego Padres worth $350 million, thereby ending weeks of uncertainty regarding his future with the Friars.

It was only a little over a week ago that Machado made public his intentions to opt out of his contract at the end of the season. However, in a spectacular turnaround, it now seems very likely Machado will remain a part of the stellar Padres lineup for the years to come.

The staggering deal sees Machado earn an average of almost $32 million every year. But that still does not make him the highest-paid player in the MLB.

BREAKING: Star third baseman Manny Machado and the San Diego Padres are finalizing an 11-year, $350 million contract extension, sources familiar with the deal tell ESPN. Machado helped turn around the franchise. He'll stay as the ascendant Padres seek their first championship.

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Is Manny Machado the highest-paid player in the MLB?

Max Scherzer #31 of the Washington Nationals delivers the pitch against the Houston Astros during the second inning in Game Seven of the 2019 World Series at Minute Maid Park on October 30, 2019, in Houston, Texas.

In terms of Average Annual Value (AAV), Max Scherzer and Justin Verlander, both of the New York Mets, are the highest-paid players in MLB. Both have an estimated AAV of $43.33 million.

They are followed by New York Yankees captain Aaron Judge, who recently signed a nine-year contract with an AAV of $40 million.

Machado is preceded by a few other players on this list, namely LA Angels' Anthony Rendon and Mike Trout, Yankees' Gerrit Cole, and Texas Rangers shortstop Corey Seager, among others.

His current AAV places him among the top-15 highest-paid players in the MLB, alongside the likes of the Yankees' Giancarlo Stanton and Detroit Tigers' DH Miguel Cabrera.