
The Oakland Athletics made a splash on Thursday, agreeing to a franchise-record contract with free agent starting pitcher Luis Severino according to multiple reports. ESPN's Jeff Passan was first to report the news.
Severino's deal spans three years and is worth $67 million, the largest total value contract in franchise history, according to Spotrac. The deal includes an opt-out after the second season. Oakland, with the lowest payroll in MLB at $62,132,581, reportedly has designs on increasing that number into the $100 million range, as Passan noted.