The Padres are re-signing right-hander Michael King to a three-year, $75 million deal, a source told MLB.com's Mark Feinsand. The club has not confirmed the deal, which includes player options for 2027 and 2028.

Michael King and the San Diego Padres are reportedly staying together after the two sides agreed to a new contract in free agency.

Right-hander Michael King and the San Diego Padres are in agreement on a three-year, $75 million contract, sources told ESPN's Jeff Passan on on Thursday.

According to MLB insider Ken Rosenthal, the Kansas City Royals have emerged as a landing spot for Boston Red Sox trade target Jarren Duran. Even after adding outfielders Lane Thomas and Isaac Collins, it seems the Royals are not done with additions.

New deal with Padres will either pay King $22 million for one year, $45 million for two years or $75 million for three years

The NY Yankees are predicted to beat the NY Mets for a major free agent pitcher with "Cy Young" potential in 2026.

The Mets and Yankees are in the mix for Michael King, who appears to be the most likely of the free agent starting pitchers to sign next.

The New York Yankees are evaluating a potential Michael King reunion as AL East rivals also pursue the right-hander, increasing pressure and intrigue across the pitching market.