Wednesday, January 8, 2025

Rays, Drew Rasmussen Nearing Extension

The Rays and right-hander Drew Rasmussen are closing in on a multi-year deal that might purchase Tampa Bay a further yr of membership management, stories Marc Topkin of the Tampa Bay Instances. Rasmussen would earn a complete of $8.5MM over the following two seasons — his remaining two arbitration years — and the Rays would get a membership choice over his 2027 marketing campaign (his first free agent season). The payout would come within the type of a $500K signing bonus, a $2MM wage in 2025, a $5.5MM wage in 2026 and an $8MM membership choice ($500K buyout) for the ’27 season. Escalators may push that choice as excessive as $20MM, Topkin provides. Rasmussen is represented by the Beverly Hills Sports activities Council.

Ramussen, 29, missed the majority of the 2023-24 seasons recovering from an inside brace process to restore the ulnar collateral ligament in his proper elbow. That surgical procedure tamped down his workload in each seasons in addition to his anticipated price ticket in arbitration. MLBTR contributor Matt Swartz projected a modest $2MM wage for the gifted righty within the upcoming season. By advantage of his wage and that signing bonus, he’ll prime that sum beneath this new multi-year association whereas additionally sacrificing a yr of free company to lock in some instant earnings.

Extra to come back.

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