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,

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)

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.

Winning’s 100% the most important thing,’ new Padres pitcher Nick Pivetta says as he finalizes contract and arrives for the start of spring training with his new team

The Padres are signing Nick Pivetta to a heavily backloaded four-year contract. Find out more at MLB Trade Rumors.

PEORIA, Ariz. — Right-hander Nick Pivetta and the San Diego Padres finalized a $55 million, four-year contract on Monday, a backloaded deal that allows him to opt out after the 2026 and ‘27 ...