Nick Pivetta's deal with the San Diego Padres reflects how the team has had to cut back on spending after owner Peter Seidler's death and the loss of the television deal.

Nick Pivetta's $55 million, four-year contract with the San Diego Padres includes a $5 million conditional team option for 2029 that can be exercised if the right-handed pitcher gets hurt.

Right-hander Nick Pivetta and the San Diego Padres finalized a four-year, $55 million contract, a backloaded deal that allows him to opt out after the 2026 and ’27 seasons. Pivetta gets a $3 million signing bonus and salaries of $1 million this year,

The San Diego Padres have officially signed Nick Pivetta to a four-year contract, which casts doubt upon the future of Dylan Cease.

PEORIA, ARIZONA – FEBRUARY 17: Nick Pivetta #27 of the San Diego Padres works out on the field during the spring training workout at the Peoria Sports Complex on February 17, 2025 in Peoria, Arizona. (Photo by Matt Thomas/San Diego Padres/Getty Images)

Pitcher Nick Pivetta and the San Diego Padres have agreed to a four-year, $55 million contract that includes several opt-outs, ESPN reports.

With the Padres signing Nick Pivetta to a $55 million contract, San Diego is no longer interested in trading Dylan Cease or Michael King.

According to numerous reports, the team has come to terms with veteran righthander Nick Pivetta. The soon-to-be 32-year-old spent the last four full seasons in Boston, where he posted a 4.14 ERA in 27 appearances (26 starts) in 2024.

The question now becomes how the signing will impact the status of Padres pitcher Dylan Cease, a potential Mets trade target.

The San Diego Padres, who were relatively quiet for most of the off-season, agreed to a four-year, $55 million deal with free agent pitcher Nick Pivetta.

The San Diego Padres bought into the arms race in the National League West by signing right-hander Nick Pivetta to a four-year deal and adding free agent Kyle Hart.

A person familiar with the negotiations tells The Associated Press that Nick Pivetta has agreed to a backloaded $55 million, four-year contract with the San Diego Padres