In a shocking move that has sent ripples through Major League Baseball, former Yankees and Mets pitcher Luis Severino has signed a three-year, $67 million deal with the Oakland Athletics. The deal not only secures Severino’s highest payday but also sets a record as the largest guaranteed contract in A’s franchise history.
The Athletics, a team without a confirmed home field for the 2025 season, made the bold signing as part of an effort to boost their pitching staff and defy expectations in the AL West.
A Deal Above Market Value
The $67 million contract includes an opt-out after the second season, a feature that could allow Severino to re-enter free agency while still in his prime. His signing surpasses MLB Trade Rumors’ projections, which had anticipated a three-year, $51 million deal.
ESPN’s Jeff Passan reported that the Athletics, long known for their frugal spending, were determined to make a splash this offseason. “The A’s went into this winter seeking pitching, and they get one of the best on the market in Severino,” Passan wrote.
Severino’s Career Revival
Severino, a two-time All-Star, has seen his career earnings soar past $130 million with this deal. After leaving the Yankees for the Mets in 2023, he played a pivotal role in helping the Mets reach the National League Championship Series in 2024. Now, the Athletics are banking on Severino to bring similar success to their rotation.
What This Means for the A’s
This aggressive move signals a potential shift in strategy for the Athletics, who have been criticized in recent years for their reluctance to spend on high-profile players. Despite their uncertain future, the A’s appear ready to compete in a division stacked with talent.
Severino’s signing could also set a precedent for other top free-agent pitchers, driving up prices across the market.
Betting Big on the Future
As the Athletics continue to rebuild their roster and reshape their identity, Severino’s addition marks a new chapter for the franchise. Whether this gamble will pay off remains to be seen, but one thing is clear: the A’s are making moves to stay in the game.