February 17th: According to Kevin Acee of the San Diego Union-Tribune, Marquez gets a $1MM salary followed by a $750K buyout on the mutual option. Marquez will also have the chance to unlock an extra $3.25MM in performance bonuses.
February 16th: The Padres announced Monday that they’ve signed right-hander Germán Márquez to a one-year deal with a mutual option for 2027. The L.A. Sports Management client is reportedly guaranteed $1.75MM. San Diego placed righty Jhony Brito, who underwent internal brace surgery last May, on the 60-day injured list to open a spot on the 40-man roster.
The team was known to be looking for low-cost rotation pieces and a complementary bat, per comments from president of baseball operations A.J. Preller a few days ago. They achieved the latter by bringing in Nick Castellanos on a one-year deal upon his release from the Phillies. Now, they’ve addressed the rotation side through one-year-deals for Márquez and fellow right-hander Griffin Canning. Canning is coming off an Achilles injury and projects as a back-end starter once he is healthy enough to return. Márquez figures to serve as back-of-the-rotation depth as well.

The 30-year-old (31 later this month) is coming off a ten-year major-league run with the Rockies. After a brief debut in 2016, he settled in as one of the team’s most reliable starters from 2017-21. In that span, he totaled 793 2/3 innings over 135 starts and posted a 4.25 ERA, a 24.0% strikeout rate, and a 6.9% walk rate. Márquez excelled through a combination of control and strong groundball tendencies. He was worth 15.5 fWAR in those five years and continually posted groundball rates in the mid-40s and low-50s, including a career-high 51.6% in 180 innings in 2021.
His performance began to wane from 2022 onward. He still made 31 starts in 2022, but his strikeout rate fell below 20% for the first time since his 20 2/3-inning sample in 2016. His run prevention slipped as well, with Márquez posting a below-average 4.95 ERA and elevated peripheral stats. He then underwent Tommy John surgery in May 2023, costing him the rest of that year and the first few months of 2024. His return in July 2024 only lasted one start, and he spent the rest of the season on the injured list with elbow inflammation, although his UCL was reportedly fine.
In 2025, Márquez pitched 126 1/3 innings over 26 starts but was clearly working with diminished stuff. His four-seamer was down to 94.8 MPH after averaging 95.6 MPH in his most recent healthy season in 2022. His sinker, which used over 20% of the time, also slipped from 95.1 MPH to 94.3 MPH. Statcast graded his fastballs in just the first percentile by run value, while his knuckle curve, formerly his best pitch, also earned career-worst grades. The strikeouts dried up even further, with Márquez’s 14.0% strikeout rate ranking third-worst among starters with at least 100 innings. The Rockies decided to move on as Márquez reached free agency.
Perhaps a change of scenery will help Márquez recover some of his strikeout and groundball tendencies as he moves further from injury. He’ll get that chance with the Padres, who now have a decent amount of rotation depth. The team saw Dylan Cease depart for the Blue Jays but re-signed Michael King on a three-year deal in December. Yu Darvish will miss 2026 while recovering from an internal brace procedure, and he is reportedly contemplating retirement. Joe Musgrove is returning from Tommy John surgery and will be guaranteed a spot if healthy. That leaves King, Nick Pivetta, and Musgrove in the top three spots, with some combination of Márquez, Canning (when healthy), Randy Vásquez, and JP Sears taking the last two spots.
Each of King, Musgrove, Márquez and Canning comes with injury risk, though the Padres always seemed likelier to stockpile depth than bring a big-name starter at this stage in the offseason. Zac Gallen was the last impact starter in free agency before re-signing with the Diamondbacks. Either way, his $18.7MM luxury tax number might have been too much given the team’s reported payroll constraints. Low-cost signings like Canning and Márquez seem easier to accommodate, barring a potential buyout agreement for Darvish.
RosterResource has the team at a $264.7MM luxury tax payroll for 2026, putting them in the second tier of penalization. The Padres paid the luxury tax in 2025 and would count as second-time payors in 2026. Thus, any money guaranteed to Canning and Márquez would come with an additional 42% surcharge.
Alden González of ESPN first reported the Padres were signing Márquez to a one-year deal. Ken Rosenthal of The Athletic reported the mutual option. The Associated Press reported the $1.75MM guarantee. Photo courtesy of Kelley Cox, Imagn Images
