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The Padres and King avoided arbitration Friday by agreeing to a one-year, $4 million contract with a $15 million mutual option for 2026, Kevin Acee of the San Diego Union-Tribune reports.

The buyout on the option is $3.75 million, with the possibility of it reaching $8 million if he hits all his incentives. The structure of the deal provides the Padres with some payroll wiggle room, which could lessen the need to trade either King or Dylan Cease. The right-handed King collected a 2.95 ERA and 201:63 K:BB over 173.2 regular-season innings with the Padres in 2024.

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