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Sports Illustrated
Sports Illustrated
Sport
Tim Capurso

A's Sign Former Mets, Yankees Pitcher to Franchise-Record Contract

New York Mets pitcher Luis Severino reacts after an out against the Los Angeles Dodgers in the fifth inning during game three of the NLCS at Citi Field on October 16, 2024. | Brad Penner-Imagn Images

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.

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