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Michael King Declines Padres Option, Enters Free Agency

The Padres face a Thursday deadline on a $22.05 million qualifying offer, which could return a compensatory pick if he signs elsewhere.

Overview

  • By turning down the mutual option, King receives a $3.75 million buyout instead of the $15 million salary tied to the option year.
  • The right-hander was limited by a long thoracic nerve issue and a knee setback in 2025, finishing with a 3.44 ERA across 15 starts.
  • King previously excelled as a full-time starter in 2024 with a 2.95 ERA over 173 2/3 innings and a seventh-place finish in NL Cy Young voting.
  • League observers expect multi-year offers, and one projection from The Athletic’s Jim Bowden pegs his market at three years and $75 million.
  • San Diego must also weigh a qualifying offer for fellow free agent Dylan Cease, and departures could leave a thin 2026 rotation led by Nick Pivetta with Joe Musgrove expected back, while a declined offer would yield a compensatory pick after the fourth round due to the 2025 luxury-tax overage.