The A’s and free agent righty Luis Severino are in settlement on a three-year, $67MM contract experiences 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 decide 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 (residence to the Giants’ Triple-A affiliate), land a notable free agent with a hefty multi-year deal. They’re within the technique of relocating to Las Vegas and have been aggressively pursuing free brokers in an effort to spice up a payroll that entered the offseason and not using a single contract on the books in 2025. Some free brokers — Walker Buehler amongst them — have fully 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 chance for the A’s to be a shock participant in free company. MLBTR’s Darragh McDonald explored simply such a chance at size final month.
The overall considering has been that the A’s might want to overpay as a way to pursue top-end free brokers this winter. The phrases of Severino’s contract certainly recommend a transparent willingness to spend nicely past market expectations as a way to lure free brokers to their new residence. Severino’s deal contains each a bigger assure than most anticipated and an opt-out alternative. As a result of he rejected a qualifying provide from the Mets, Severino will value the A’s their third-highest choose in subsequent 12 months’s draft. He’ll additionally internet 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 probably 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, they usually’ve since spent modestly in free company to maintain payroll no less than in line with the opposite lowest-spending golf equipment within the league. The take care of Severino indicators a willingness to spend a bit past that time. It’s, extremely, the biggest contract in franchise historical past, nominally surpassing the six-year, $66MM contract extension signed by third baseman Eric Chavez greater than twenty years in the past.
[Related: The Largest Salary In Franchise History For Each MLB Team]
Severino, 31, will instantly leap to the highest of the A’s rotation. He’s probably ticketed for his or her Opening Day begin, barring one other notable acquisition through free company or commerce. He’ll lead a employees that at present 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 somewhat clearly opens the door for GM David Forst to signal/commerce for one more starter of word to additional solidify the bunch.
Severino, after all, 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 price, 6.2% stroll price and 45.8% grounder price 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 price and customarily had the makings of a star. The Yankees agreed, signing him to a four-year, $40MM extension with an choice 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 together with his upside and demonstrated excellence to this point was maybe promoting himself brief. In the long term, it labored out splendidly, as accidents steadily saved Severino off the sector 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 best way. 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 take care of the Mets on the heels of that injury-plagued end to his Yankees tenure. The correct-hander’s 182 innings practically matched his complete over the 5 prior calendar years. He logged a 3.91 ERA with a below-average however satisfactory 21.2% strikeout price and a robust 7.6% stroll price. His 46% ground-ball price, 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 price 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% price. Opponents made contact on simply 81.9% of Severino’s pitches inside 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 type 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 somewhat jarring.
Many pundits thought Severino might have — and may have — accepted the Mets’ $21.05MM qualifying provide; he and his brokers deserve credit score for not merely eclipsing that assure in notable vogue however surpassing that quantity on an annual foundation over a prolonged deal that affords him one other chew 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 vital 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 probably 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 type. That stated, there’s fairly a little bit of harm threat nonetheless related to Severino, and fielding-independent metrics like FIP (4.21) and SIERA (4.22) have been truly extra bearish on his 2024 efficiency than his already solid-but-unspectacular earned run common. There’s little doubt he improves the membership and reveals that the A’s are critical 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 — might hope that just a few subsequent additions and strides from younger abilities like Jacob Wilson, Tyler Soderstrom and Zack Gelof may assist them exceed expectations ahead of most thought potential.