The A’s and free agent righty Luis Severino have reached a deal on a three-year, $67MM contract according to ESPN’s Jeff Passan. The contract includes a $10MM signing bonus and $57MM in salary over the three years, as reported by Yahoo’s Russell Dorsey. Severino has the option to opt out after the second year of the contract and is represented by Klutch Sports.
The A’s have surprised many by landing a significant free agent with a substantial multi-year contract. They are in the process of moving to Las Vegas and have been actively pursuing free agents to improve their payroll for the 2025 season. With a reported target payroll of $100MM, the A’s have the potential to be a surprise contender in free agency this year. The contract with Severino is a clear indication of their willingness to spend beyond market expectations to attract top free agents.
Severino’s deal not only exceeds most anticipated guarantees but also includes an opt-out clause. As he declined the Mets’ qualifying offer, Severino will cost the A’s their third-highest draft pick next year. The A’s, being a revenue-sharing recipient, have made modest investments in free agency to align their payroll with other low-spending clubs. Severino’s contract signifies a willingness to spend beyond that point and is now the largest in the franchise’s history, surpassing the previous record set by Eric Chavez.
Severino, at 31, is expected to lead the A’s rotation next season. He will be a key part of a staff that includes JP Sears, Mitch Spence, and Joey Estes. The A’s may look to further strengthen their pitching staff with additional acquisitions through free agency or trades.
Severino’s previous success with the Yankees has been hampered by injuries in recent years, but his 2024 season with the Mets showed signs of a resurgence. Despite not performing at his peak, Severino’s presence in the A’s rotation adds depth and credibility to the team.
The A’s are hoping that Severino’s addition, along with their core of talented players and potential improvements from young prospects, will help them exceed expectations in the upcoming season.
