Padres declined RHP Lucas Giolito’s mutual option for 2027.

A late addition as he tried to overcome his late-season elbow issue with the Red Sox in 2025, Giolito signed one-year, $3 million deal with an $8 million mutual option in late April. With his velocity down 2-3 mph, he pitched a total of seven times for Padres in the first half, amassing a 5.16 ERA and an ugly 18/23 K/BB in 29 2/3 innings. He then went on the IL with elbow inflammation and never returned, leaving his future very uncertain.