King posted stellar numbers as a starter in 2023 in spite of the MEANINGLESS W-L RECORD OF 1-4
Only 40.1 innings though.
As for Lugo, I had nothing against signing him.
Projected 2024 WARs:
King 2.5 ish
Lugo 2.0 ish
For some reason I see more upside in King. It was impressive how well he did when they switched him back to a starter last year.
You're right that 2 years of control is an issue. Good extension candidate though perhaps.
Bottom line I'd definitely do it.
The Padres might not though because their MLB starting pitching is thin like their outfield.