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.
It’s a surprise strike for a San Diego team that had seemed likely to lose King and Dylan Cease in free agency. It wasn’t clear whether they’d have the short-term spending capacity to keep either pitcher. While they were never expected to come close to the $210MM guarantee which Cease received, they’ll bring King back on a short-term deal to help a rotation that has been their biggest priority this offseason.
The 2026 season will be the righty’s third in San Diego. The Padres acquired King as the centerpiece of their Juan Soto return over the 2023-24 offseason. He had run with a limited rotation opportunity late in his final year in the Bronx after years of strong work out of the bullpen. San Diego committed to him as a full-time starter and were rewarded with a career season in 2024.
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.
The Padres scratched King from his outing on May 24 with stiffness in his throwing shoulder. Manager Mike Shildt initially framed it as a minor issue that arose when the pitcher slept awkwardly. It proved a much bigger issue. King went on the injured list with what the team called inflammation. They subsequently determined it was a nerve injury that came with a nebulous return timeline. He wound up missing almost three months.
King made his return on August 9. He made one start before going back down with left knee inflammation. That cost him another month, and he wasn’t anywhere near as effective when he made it back for good in September. King didn’t get beyond five innings in any of his final four starts. He gave up 10 runs in a combined 15 2/3 innings. Most of the damage came in an eight-run drubbing at the hands of the Mets on September 16. King’s final two appearances were scoreless, but those came with an uninspiring 7:6 strikeout-to-walk ratio.
The Padres clearly didn’t fully trust King going into October. They opted for Nick Pivetta, Cease, and Yu Darvish to start in their Wild Card Series loss to the Cubs. King’s only playoff action was one scoreless inning of relief in the decisive Game 3. He struck out three of four batters while averaging 95.6 MPH on his fastball. That was his highest single game velocity of the season. That’s to be expected during a one-inning appearance with the heightened adrenaline of a must-win game, but it was an encouraging sign for the health of his shoulder.
More to come.


