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23 December 2025

Padres Secure Michael King As Trade Rumors Swirl

San Diego extends King with a record deal, weighs bullpen trades with the Yankees, and remembers late pitcher Mike Campbell as the franchise eyes a pivotal 2026 season.

The San Diego Padres’ offseason is buzzing with both hope and reflection, as the team makes bold moves for the future while also honoring the memories of those who shaped its past. In a flurry of activity that has Padres fans talking, the club has locked down right-hander Michael King with a lucrative new contract, is fielding trade offers for its deep bullpen, and continues to be at the center of Major League Baseball’s hot stove. Meanwhile, the baseball community mourns the loss of former Padres pitcher Mike Campbell, whose brief but eventful stint in San Diego remains part of the team’s colorful history.

Michael King, the 30-year-old righty who was acquired by the Padres to bolster their rotation, has just inked a three-year, $75 million extension—making it the third-largest pitching contract in franchise history. Only Yu Darvish ($108 million) and Joe Musgrove ($100 million) have signed bigger deals with San Diego. For King, it’s a well-earned vote of confidence after a roller-coaster 2025 season that tested both his resilience and the Padres’ faith in his abilities.

King’s year began with a bang. He notched three straight wins, including a dazzling two-hit, complete game shutout against the Colorado Rockies. But the baseball gods weren’t done with him yet. A knee injury and nerve damage in his throwing shoulder sidelined him for nearly three months, and he managed just one win in his next nine appearances after returning. Despite the setback, King finished 2025 with a respectable 5-3 record, a 3.44 ERA, and 76 strikeouts in 73 1/3 innings. The Padres, clearly still believers in his upside, were willing to bet big on his future.

“The Padres had tendered him an offer worth $22.025 million. However, he turned that down in hopes of a more lucrative deal,” reported On SI. King’s gamble paid off. His new contract brings a modest bump in average annual salary—from just over $22 million to $25 million—but more importantly, it provides him with long-term security at a critical stage in his career.

Padres fans will be hoping King can rediscover the magic of his 2024 campaign, when he struck out 201 batters, posted a 2.95 ERA over 173 2/3 innings, and finished seventh in National League Cy Young Award voting. That season, he was good for a 3.9 Wins Above Replacement rating—numbers that would make any GM smile. The Padres, after four consecutive winning seasons and three straight postseason appearances, are hungry to break through after falling short in both the 2024 NLDS and the 2025 NL Wild Card. The sting is only sharper knowing their archrivals, the Los Angeles Dodgers, have hoisted the World Series trophy in back-to-back years.

But pitching isn’t the only story in San Diego this winter. The Padres’ bullpen—one of the deepest in the league—has become the focus of trade rumors, especially with the New York Yankees desperately seeking relief help. The Yankees’ bullpen ranked 23rd in the majors with a 4.37 ERA in 2025, and the pressure is mounting to shore up the late innings if they hope to contend next season. Devin Williams, once a shutdown reliever, struggled to a 4.79 ERA, while closer David Bednar was a rare bright spot. Tim Hill is back after another solid year, but it’s clear the Yankees need more firepower.

Enter the Padres’ dynamic duo: Jeremiah Estrada and Adrian Morejon. Estrada, a 27-year-old righty, posted a 3.45 ERA in 77 games for San Diego in 2025 and made headlines in May 2024 by striking out 13 consecutive batters—a record spanning at least the entire expansion era. Morejon, a 27-year-old lefty, was even more dominant, finishing with a 2.08 ERA over 75 appearances and boasting a career 3.43 ERA in 185 games since debuting in 2019. Both arms could instantly upgrade the Yankees’ struggling bullpen, and according to The Athletic’s Chris Kirschner, they’re the most realistic targets for a Bronx trade.

Of course, trades require give and take. The Padres, who finished a disappointing 28th in home runs with just 152 in 2025, are reportedly interested in a power bat to help their offense. Spencer Jones, a Yankees prospect with 35 minor league homers and a .571 slugging percentage, is one name being floated. But will the Yankees part with a prized slugger for bullpen help? That’s the million-dollar question—and one that has fans on both coasts debating the wisdom of such a move. After all, with Aaron Judge’s prime years ticking by and the offseason eerily quiet, the pressure is on the Yankees to make a splash.

While the Padres look to the future, they’re also pausing to remember a figure from their past. Mike Campbell, who passed away suddenly at age 61 on December 22, 2025, wore a Padres uniform for just three games during the strike-shortened 1994 season. Yet his journey through baseball is a testament to the unpredictable nature of the sport. Drafted seventh overall by the Seattle Mariners in 1986—just after Barry Bonds and before Barry Larkin—Campbell’s early promise was derailed by injuries. In 1988, he logged a 6-10 record with a 5.89 ERA for Seattle before being traded to the Montreal Expos in a deal that brought future Hall of Famer Randy Johnson to the Mariners.

Campbell’s winding career included stops with the Chicago White Sox, Milwaukee Brewers, Texas Rangers, Chicago Cubs, and Boston Red Sox organizations. He signed with San Diego in June 1993, pitching mostly for Triple-A Las Vegas before being called up in 1994. His Padres debut was a tough 6-1 loss to the Houston Astros, and he allowed six runs in one inning in his third and final appearance. But there were highlights, too: Campbell was credited with the win in his second game after retiring a key batter and watching the Padres rally. He even drove in the first two runs of his career in a June start against the Colorado Rockies.

After leaving San Diego, Campbell made his final big league appearances with the Cubs in 1996, then played briefly in Japan and independent baseball before retiring in 1999 following two right shoulder surgeries. As of December 22, the King County Medical Examiner had not yet determined his cause of death. News of Campbell’s passing prompted an outpouring of memories from those who knew him, with Rocco Constantino recalling, “He was a super awesome guy.”

As the Padres prepare for another campaign—hoping King’s return to form, a possible trade for power, and the bullpen’s continued dominance can finally push them past their rivals—the echoes of past seasons and the memories of players like Campbell serve as a reminder of baseball’s enduring drama. Spring training may be months away, but the excitement is already building in San Diego. With bold bets, tough decisions, and a nod to history, the Padres are determined to write the next chapter in their storied journey.