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The San Diego Padres re-signed right-hander Michael King on a three-year, $75 million deal on Thursday night, a source told Mark Feinsand of MLB.com. The deal includes a $12 million signing bonus, and then salaries of $5 million next year, a $28 million player option in 2027 ($5 million buyout), and a $30 million player option in 2028 (no buyout). It will either be worth $22 million for one year, $45 million for two seasons, or $75 million for three years. The 26-year-old was excellent in his first year in SD, sporting a 2.95 ERA and 1.19 WHIP with a career-high 201 strikeouts in 30 regular-season starts (173 2/3 frames). However, right-shoulder and knee injuries limited him to just 15 starts in 2025. King demonstrated in 2024 that he has the stuff to be a high-end fantasy starter in a good spot in SD, but that was also his only full season in the big leagues. It makes him a high-risk, high-reward pitching target in fantasy in 2026.--Keith Hernandez
Source: MLB.com - Mark Feinsand
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