The Boston Red Sox bolstered their starting pitching rotation for 2024 on Friday night, adding veteran Lucas Giolito on a two-year deal.
According to ESPN’s Jeff Passan, the righty agreed to a two-year, $38.5 million deal with the Red Sox, with an opt-out after ’24. He’ll make $18 million next season, and if he remains with the team, $19 million in ’25. There is an additional conditional option for ’26 worth up to $19 million based on his ’25 innings total.
Giolito’s deal with Boston gives him an $18M salary in 2024 and a $1M buyout if he opts out. If not, the salary for 2025 is $19M. There is a conditional option for 2026 — $14M club option if he throws under 140 innings in 2025, $19M mutual option for 140+, with a $1.5M buyout.
— Jeff Passan (@JeffPassan) December 29, 2023