Michael King Re-Signs with Padres: Latest News
- The San Diego Padres have re-signed right-handed pitcher Michael King to a three-year, $75 million contract, according to sources. The deal includes opt-out clauses after each of the...
- the contract structure is complex, offering King versatility and the Padres a degree of security.
- As noted, the deal's value can range from $22 million (one year) to $75 million (three years) depending on whether King exercises his opt-out clauses.
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Michael King Agrees to Three-Year Deal to Return to San Diego Padres
The San Diego Padres have re-signed right-handed pitcher Michael King to a three-year, $75 million contract, according to sources. The deal includes opt-out clauses after each of the first two seasons. King has already passed his physical, and the signing is expected to be official Friday morning.
Deal Breakdown
the contract structure is complex, offering King versatility and the Padres a degree of security. Here’s a detailed look:
| Year | Salary | Bonus | Total | Opt-Out |
|---|---|---|---|---|
| 2025 | $5 million | $4 million (of $12M total) | $9 million | Yes |
| 2026 | $28 million | $4 million (of $12M total) | $32 million | Yes |
| 2027 | $30 million | $4 million (of $12M total) | $34 million | No |
| total (Max) | $12 million | $75 million |
As noted, the deal’s value can range from $22 million (one year) to $75 million (three years) depending on whether King exercises his opt-out clauses. The $12 million signing bonus is paid out evenly over the three seasons.
King’s Impact on the Padres Rotation
King’s return is especially significant given the Padres’ current pitching situation. He transitioned successfully from a reliever with the New York Yankees to a key starter in San Diego after arriving in the Juan Soto trade. In 46 appearances (45 starts) over the past two seasons, King has posted a 3.10 ERA.
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