"The Padres are in agreement with Michael King on a three-year contract, reports Mark Feinsand of MLB.com. The deal includes opt-outs after each of the first two seasons. It's a $75MM guarantee, Feinsand adds. King receives a $12MM signing bonus and a $5MM salary for the 2026 season. He'll decide on a $28MM player option or $5MM buyout next winter and would have a $30MM player option for 2028 if he doesn't opt out."
"King pitched to a 2.95 earned run average with 201 strikeouts over 173 2/3 innings in his first full season out of the rotation. He finished seventh in NL Cy Young balloting. King entered his walk year as a candidate for a nine-figure contract. He looked on his way to a $150MM+ deal after getting out to an even better beginning to the '25 campaign. He turned in a 2.59 ERA while striking out 28.4% of batters faced over his first 10 starts."
Michael King agreed to a three-year contract with the San Diego Padres carrying a $75 million guarantee, a $12 million signing bonus and a $5 million 2026 salary. The deal features opt-outs after each of the first two seasons, a $28 million player option (or $5 million buyout) next winter, and a $30 million player option for 2028 if he doesn't opt out. The signing is a surprise retention for a club that risked losing him in free agency and addresses a rotation priority. King produced a 2.95 ERA with 201 strikeouts in 173 2/3 innings and began 2025 with a 2.59 ERA over his first 10 starts.
Read at MLB Trade Rumors
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