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.

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, quiet for so much of this offseason, finally struck Wednesday by agreeing to a four-year, $55 million contract with free-agent starting pitcher Nick Pivetta, league sources confirmed to The Athletic.

The San Diego Padres were relatively quiet all offseason when it came to adding to the roster until striking gold on Wednesday. San Diego reportedly agreed to a

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.

In response to Shields’ struggles, Preller made a brilliant if somewhat fortunate, response. He got teenager Fernando Tatis Jr. in the trade that sent Shields and $31 million to the White Sox, just 16 months after Shields first pulled on a Padres cap.

The San Diego Padres signed starting pitcher Nick Pivetta to a four-year, $55 million deal. But, the addition of the new starter may force the Padres to part wa

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)

Pivetta, last in Boston, has accepted a backloaded $55 million contract with San Diego, the Associated Press and ESPN reported.

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