Padres Settle for Worthwhile Comfort and Familiarity with Michael King Re-Signing

A.J. Preller and the San Diego Padres are always lurking. 

So, when it was reported (though eventually clarified) that Michael King had boiled his free agency down to three teams — the Baltimore Orioles, Boston Red Sox, and New York Yankees — it was hardly shocking that it was San Diego that was able to convince the New York state native to put pen to paper and remain on the West Coast.

King and the Padres agreed to a new three-year pact on Dec. 18. The deal can pay him up to $75 million across the three years, though only the first is guaranteed for both sides. Each of the two additional years carries a player option, with those two years holding the potential to pay King $58 million ($28 million in 2027, $30 million in 2028). The deal carries significant risk for the Padres, as there's plenty of opt-out potential if King can stay healthy and earn a longer-term contract following the 2026 campaign. If he's not healthy or struggles, then they're on the hook for significant dollars. Nevertheless, it's hard to overstate the value of familiarity in beginning the process of stabilizing a presently shallow rotation. 

The Padres entered the offseason with only Nick Pivetta guaranteed within their starting five. Dylan Cease departed for Toronto, and it was widely expected King would follow him out the door. Even with Joe Musgrove set to return from Tommy John surgery early in the year, his lack of a firm timeline and a collection of fringe arms — JP Sears, Sean Boyle, Randy Vásquez, and Matt Waldron — left very little by which to be inspired as far as the starting pitching group was concerned. 

Worse yet was that the path to actually improving that status was murky. The farm system is barren to the point where acquiring an impact starter via trade would've likely been impossible. Additionally, the organization is seemingly always in some form of financial peril, a situation which had the potential to become worse as ownership explores a potential sale of the franchise. So, while names like Ranger Suárez, Zac Gallen, Framber Valdez, and Tatsuya Imai exist on the free-agent market and options like Freddy Peralta or maybe Tarik Skubal are available via trade, possessing the resources to acquire any of them was going to be a tall order. Even for an executive as ambitious as Preller. 

Which is why, despite the risk, the re-signing of Michael King is in the upper tier of worthwhile roads the Padres could have traversed in their pursuit of starting pitching. 

When healthy, the Padres know what they're getting in King. The 2024 season, his first in San Diego, featured a 3.9 fWAR courtesy of a 2.95 ERA, a 27.7 percent strikeout rate, and an 8.7 percent walk rate. His percentile distribution looked as follows: 

Not only was King adept at running up his strikeout total, he was downright excellent in avoiding quality contact. It's an area in which he continued to find success through his injury-plagued, 15-start campaign of 2025. Despite the fact that he averaged fewer than five innings per start and took a major step back on the whiff side of things, he still ended things in the 84th percentile in average exit velocity for opposing hitters (87.8 MPH) and the 68th in Hard-Hit% against (38.1). For a player who worked through a nerve issue and knee inflammation over the course of a full season, that he still was able to maintain some level of effect is encouraging. 

What the Padres need King to do in 2026, above all, is to get back to his efficiency. He averaged 5.7 innings per start in that 2024 season, but followed it up with only 4.9 innings per start in 2025. The health component was (obviously) the primary factor there. Especially because there isn't a whole lot to be too discouraged by within the particulars. His fastball velocity only fell by 0.2 miles per hour through those issues, and his spin rates were actually higher on the year. There are some usage factors that could be improved (like getting the changeup back to its usual level of involvement and effectiveness), but health will be the primary factor in King providing value to the 2026 Padres. 

That's what they're banking on, too. The risk is obvious. If King experiences additional inflammation or nerve issues, then the Padres have a severe problem on their hands, both in terms of personnel and payroll. If healthy, though, he's a stabilizing force atop the rotation, capable of providing nearly six innings per start. And while the general public has already come to accept the idea that he'd opt out in the event of a strong season, he'd still be in line to take home elite money for two consecutive years. It'd be about years if he does, not dollars.

Risk was going to be a natural byproduct of any of the notable free-agent options, though. And that's the important thing to consider here. Suárez has back issues. Gallen has had stretches of uneven performance and a smattering of trips to the injured list. Imai has to transition from Japan to the United States. Valdez is two years older. They all feature some kind of risk, and the term of any contract is projected to be longer for his free-agent counterparts. In King, the Padres not only get a short-term commitment (even if it doesn't end up completely working out), but familiarity. That matters. They know him in the physical sense and in a mechanical one. There isn't an adjustment period with the coaching staff given that Ruben Niebla is still running things as pitching coach. You purely have to ensure King is healthy, and it's unlikely the Padres and their limited resources would've been willing to make this investment if they believed he was anything but. 

Essentially, this is kind of an ideal outcome for the Padres. The risk exists but feels more minimal by comparison considering that familiarity. The contract doesn't run into next decade like, say, Xander Bogaerts' does. Above all, they now insert King atop their rotation alongside Pivetta and a returning Musgrove. This singular addition changes the pitching outlook for the staff and puts the roster into far better position than it was even 48 hours ago.