The Padres had a successful season, winning 93 games and entering October with high hopes for a playoff run. Unfortunately, their bats went cold in the final two games against the Dodgers, leading to an early offseason. The team could see some changes ahead with several key free agents.
Guaranteed Contracts
Manny Machado, 3B: $314MM through 2033 (including $35MM in remaining signing bonus payments)
Fernando Tatis Jr., RF: $306MM through 2034
Xander Bogaerts, 2B: $225MM through 2033
Jake Cronenworth, 1B: $71MM through 2030
Yu Darvish, RHP: $63MM through 2028
Joe Musgrove, RHP: $60MM through 2027
Robert Suarez, RHP: $26MM through 2027 (can opt out after ’25)
Yuki Matsui, LHP: $24.75MM through 2028 (can opt out after ’26 barring intervening Tommy John surgery)
Wandy Peralta, LHP: $13.15MM through 2027 (can opt out after ’24, ’25 and ’26)
Option Decisions
LHP Wandy Peralta can opt out of final three years and $13.15MM on his deal
Team, SS Ha-Seong Kim hold $8MM mutual option ($2MM buyout)
Additional Financial Commitments
Owe $12.24MM to Red Sox as condition of Eric Hosmer trade
2025 financial commitments: $138MM Total future commitments: $1.117 billion
Arbitration-Eligible Players (projected salaries via MLBTR contributor Matt Swartz)
Non-tender candidates: Wade, Patiño
Free Agents
Each offseason brings changes for the Padres, and this year is expected to be no different. With a significant arbitration class, key free agents, and a rotation hit due to injury, the front office has plenty to address.
The offseason begins with option and qualifying offer decisions. Wandy Peralta will stay with the team, while Ha-Seong Kim will test the market after receiving a buyout.
San Diego is unlikely to issue a qualifying offer to any of their free agents, with Tanner Scott ineligible due to a midseason trade. Jurickson Profar is a potential candidate, but his inconsistent performance may impact the decision.
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