Pitcher Michael King, Padres agree to $7.75 million contract and avoid arbitration

By: The Associated Press Posted: 5:37 PM CST Friday, Jan. 31, 2025 Last Modified: 7:36 PM CST Friday, Jan. 31, 2025

SAN DIEGO (AP) — Pitcher Michael King and the San Diego Padres avoided an arbitration hearing when they agreed Friday to a one-year deal guaranteeing $7.75 million.

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SAN DIEGO (AP) — Pitcher Michael King and the San Diego Padres avoided an arbitration hearing when they agreed Friday to a one-year deal guaranteeing $7.75 million.

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Hey there, time traveller!
This article was published 31/01/2025 (558 days ago), so information in it may no longer be current.

SAN DIEGO (AP) — Pitcher Michael King and the San Diego Padres avoided an arbitration hearing when they agreed Friday to a one-year deal guaranteeing $7.75 million.

King gets a $3 million signing bonus and a $1 million salary this year. The agreement includes a $15 million mutual option with a $3.75 million buyout, and the buyout amount could escalate by $250,000 based on starts this year; $50,000 for 20 and $100,000 each for 25 and 28.

A 29-year-old right-hander, King asked for $8.8 million and was offered $7,325,000 when proposed figures were exchanged. He will be eligible for free agency after this year’s World Series.

FILE - San Diego Padres starting pitcher Michael King works against a Houston Astros batter during the first inning of a baseball game Sept. 17, 2024, in San Diego. (AP Photo/Gregory Bull, File)

San Diego obtained King from the Yankees in December 2023 as part of the trade that sent outfielder Juan Soto to New York. King went 13-9 with a 2.95 ERA in 30 starts and one relief appearance, striking out 201 and walking 63 in in 173 2/3 innings.

King is 26-26 with a 3.20 ERA in 49 starts and 97 relief appearances with the Yankees (2019-23) and Padres.