Are you eager to learn about Luis Severino’s groundbreaking contract with the Oakland Athletics? Recently signed to a significant multi-year deal, Severino is poised to play a pivotal role in the team’s pitching rotation, serving as a foundational player in their future plans. This substantial agreement not only raises intriguing questions about its implications for Severino’s career trajectory but also sheds light on the strategic direction the Athletics are taking within Major League Baseball (MLB).

Let’s dive deeper into the details surrounding this contract, explore Severino’s impressive comeback, and discuss the broader significance of this signing for the Oakland franchise.

Understanding the Significance of Luis Severino’s Contract with the Athletics

Former New York Mets sensation Luis Severino has secured a two-year contract with the Oakland Athletics, complete with a player option that could extend his tenure with the team. This deal is particularly noteworthy as it includes a substantial signing bonus of $10 million, providing Severino with a strong financial incentive. Moreover, he has the option to opt out following the 2026 season, giving him flexibility in his career choices. This contract not only surpasses Eric Chavez’s six-year, $66 million extension from 2004, which previously stood as the largest in Athletics history, but also signifies a new era for the franchise.

At 30 years old, Severino showcased a remarkable resurgence during the 2024 season with the Mets, posting an impressive 3.91 ERA over 182 innings pitched. This marked his first full season since 2018, during which he demonstrated his prowess with a fastball averaging 96.2 mph and a highly effective slider. Severino not only struck out 161 batters but also played a crucial role in propelling the Mets to the National League Championship Series (NLCS), significantly enhancing his market value. His notable performance ultimately led him to decline a lucrative $21.05 million qualifying offer from the Mets, indicating his commitment to pursuing a fresh start with the Athletics.

The Oakland Athletics have faced challenges in attracting elite free agents, primarily due to financial limitations and their temporary relocation to Sutter Health Park in Sacramento. In a bid to secure a talented player like Severino, the organization made a robust financial commitment, signaling their intent to revamp their roster. This strategic signing is part of their broader plan as they prepare for a transition to a new stadium in Las Vegas by 2028. General Manager David Forst emphasized that Severino’s leadership qualities and extensive experience were instrumental in the decision to bring him on board, highlighting the value he adds not only as a player but also as a mentor for younger teammates.

As a result of this signing, the Athletics will lose their third-highest draft pick in the upcoming 2025 MLB Draft, while the Mets will receive a compensatory pick after the fourth round. Severino’s addition to the Athletics’ rotation aims to propel the team forward, particularly following their challenging 69-93 record in 2024, and to set a new standard for success as they gear up for a bright future.