The A’s and free agent righty Luis Severino are in settlement on a three-year, $67MM contract studies ESPN’s Jeff Passan. The deal features a $10MM signing bonus and $57MM of wage over the three years, Yahoo’s Russell Dorsey provides. Severino can choose out after the second 12 months of the contract, per Passan. Severino is represented by Klutch Sports activities.
It’ll register as a shock for a lot of to see the nomadic A’s, who will play subsequent 12 months in West Sacramento’s Sutter Well being Park (house to the Giants’ Triple-A affiliate), land a notable free agent with a hefty multi-year deal. They’re within the strategy of relocating to Las Vegas and have been aggressively pursuing free brokers in an effort to spice up a payroll that entered the offseason with no single contract on the books in 2025. Some free brokers — Walker Buehler amongst them — have completely dismissed the notion of taking part in in a minor league facility. Nonetheless, with a reported goal payroll within the $100MM vary, there’s lengthy been a risk for the A’s to be a shock participant in free company. MLBTR’s Darragh McDonald explored simply such a risk at size final month.
The final pondering has been that the A’s might want to overpay with the intention to pursue top-end free brokers this winter. The phrases of Severino’s contract certainly recommend a transparent willingness to spend properly past market expectations with the intention to lure free brokers to their new house. Severino’s deal consists of each a bigger assure than most anticipated and an opt-out alternative. As a result of he rejected a qualifying supply from the Mets, Severino will price the A’s their third-highest choose in subsequent 12 months’s draft. He’ll additionally web the Mets a compensatory choose, albeit solely between the fourth and fifth rounds due to their standing as a luxurious tax payor.
The $100MM goal payroll doubtless stems from the Athletics’ standing as a revenue-sharing recipient. The franchise was stripped of its revenue-sharing advantages final decade after failing to sufficiently make the most of these funds to enhance the on-field product, as is a stipulated requirement. The 2022-26 collective bargaining settlement restored the A’s as a revenue-sharing recipient, and so they’ve since spent modestly in free company to maintain payroll a minimum of in line with the opposite lowest-spending golf equipment within the league. The cope with Severino alerts a willingness to spend a bit past that time. It’s, extremely, the most important contract in franchise historical past, nominally surpassing the six-year, $66MM contract extension signed by third baseman Eric Chavez greater than 20 years in the past.
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Severino, 31, will instantly soar to the highest of the A’s rotation. He’s doubtless ticketed for his or her Opening Day begin, barring one other notable acquisition through free company or commerce. He’ll lead a workers that presently tasks to additionally embody JP Sears, Mitch Spence and Joey Estes. The A’s have a wide range of in-house candidates for the fifth spot, although the Severino deal slightly clearly opens the door for GM David Forst to signal/commerce for an additional starter of observe to additional solidify the bunch.
Severino, in fact, appeared the a part of a budding ace for the Yankees in 2017-18 when he posted 384 2/3 innings with a 3.18 ERA, 28.8% strikeout fee, 6.2% stroll fee and 45.8% grounder fee in his age-23 and age-24 seasons. The flamethrowing righty averaged higher than 97 mph on his heater, recorded a hefty 12.7% swinging-strike fee and customarily had the makings of a star. The Yankees agreed, signing him to a four-year, $40MM extension with an possibility for a fifth season.
That deal purchased out all of Severino’s arbitration years and his first free-agent season. On the time, some thought a pitcher along with his upside and demonstrated excellence to this point was maybe promoting himself brief. In the long term, it labored out splendidly, as accidents often saved Severino off the sphere and rendered him a shell of his former self when wholesome sufficient to take the mound. From 2019-23, Severino managed solely 209 1/3 innings within the majors, coping with a number of lat strains and requiring Tommy John surgical procedure alongside the way in which. His 2023 marketing campaign included 89 1/3 frames with a 6.65 ERA.
The 2024 season marked a resurgence for Severino, who inked a one-year, $13MM cope with the Mets on the heels of that injury-plagued end to his Yankees tenure. The correct-hander’s 182 innings practically matched his whole over the 5 prior calendar years. He logged a 3.91 ERA with a below-average however satisfactory 21.2% strikeout fee and a robust 7.6% stroll fee. His 46% ground-ball fee, whereas not elite, was comfortably north of league common.
On the similar time, Severino merely wasn’t the dominant pressure he was earlier in his profession. His common fastball with the Mets was about 1.5 mph off from its peak ranges. His 9.4% swinging-strike fee was decidedly below-average — a close to mirror-image of his 9.1% mark in that disastrous 2023 season and nowhere near his career-best 13.3% fee. Opponents made contact on simply 81.9% of Severino’s pitches throughout the strike zone in 2017-18 — league-average was 84.7% — however did so at a whopping 88.2% clip in 2024 (when the league common was 85.2%).
When the Mets signed Severino to his one-year deal, it had the makings of an upside play on a former front-of-the-rotation arm. Final 12 months’s rebound confirmed that he was wholesome but additionally appeared to additional assist the notion that his prior ace-caliber kind is within the rearview mirror. Severino now has the texture of a 3rd or fourth starter, making his $22.333MM annual wage and an opt-out slightly jarring.
Many pundits thought Severino may have — and will have — accepted the Mets’ $21.05MM qualifying supply; he and his brokers deserve credit score for not merely eclipsing that assure in notable trend however surpassing that quantity on an annual foundation over a prolonged deal that affords him one other chunk at free company within the 2026-27 offseason. The contract tops latest ensures for Chris Bassitt, who was seen as a gentle and reliable No. 2-3 arm, and Yusei Kikuchi, whose torrid end with the Astros made him one of the sought-after pitchers on this offseason’s market. Each pitchers signed for $63MM over the identical three-year time period.
For the A’s, a dedication this weighty was doubtless deemed a necessity to land a mid-rotation arm whose velocity and ground-ball tendencies maybe create some hope that he can nonetheless eke out some incremental enhancements over his 2024 kind. That mentioned, there’s fairly a little bit of damage danger nonetheless related to Severino, and fielding-independent metrics like FIP (4.21) and SIERA (4.22) have been really extra bearish on his 2024 efficiency than his already solid-but-unspectacular earned run common. There’s little doubt he improves the membership and exhibits that the A’s are severe about spending this winter, but it surely’s a steep value to pay when taken in totality.
Severino will however add some credibility to a rotation that was largely missing it. And the A’s, with a burgeoning core of high quality gamers — Brent Rooker, Mason Miller, JJ Bleday, Lawrence Butler, Shea Langeliers — may hope that a couple of subsequent additions and strides from younger abilities like Jacob Wilson, Tyler Soderstrom and Zack Gelof may assist them exceed expectations prior to most thought doable.