Michael King Re-Signs with Padres on Three-Year, $75M Deal with Opt-Outs

Michael King has re-signed with the San Diego Padres on a three-year, $75 million contract, which includes opt-outs after the first and second seasons. This deal offers King a chance to regain value after his 2025 campaign was hampered by shoulder and knee injuries. The contract allows him to re-enter free agency if he performs well or opt-in for escalating salaries if needed. The Padres benefit from securing a key rotation piece, especially after Dylan Cease's departure, and from a suppressed market due to King's durability concerns.