The Dodgers are signing starting pitcher Tyler Glasnow to a five-year, $135 million contract extension, ESPN’s Jeff Passan reports. The deal includes Glasnow’s existing one-year, $25 million contract for 2023 as the new deal adds four years and $110 million.
As part of the extension, the Dodgers could exercise a $30 million club option after the final year, and if they decline, Glasnow can exercise a $20 million player option.
Los Angeles reportedly traded for Glasnow and outfielder Manuel Margot on Thursday night, sending prospects Ryan Pepiot and Johnny DeLuca to the Rays. The deal reportedly was contingent upon Glasnow signing an extension, to which the two sides have now agreed.