Right now: Jon Heyman of the New York Submit stories the monetary particulars of Loáisiga’s contract with the Yankees. The righty will obtain $5MM for 2025, damaged down right into a $500K signing bonus and a $4.5MM wage. New York’s staff possibility for 2026 is valued at one other $5MM, however Loáisiga can earn an extra $100K for reaching 50 IP, 55 IP, 60 IP, 65 IP, and 70 IP. If he reaches 70 IP in 2026, his wage will max out at $5.5MM.
December 21: The Yankees formally introduced Loáisiga’s contract this afternoon. The monetary phrases of the deal have nonetheless but to be revealed.
December 11: The Yankees have agreed to a one-year take care of right-handed reliever Jonathan Loáisiga, stories Jorge Castillo of ESPN. The deal features a staff possibility for the 2026 season. Monetary particulars haven’t but been revealed. Whereas Loáisiga’s well being is a priority after he underwent inside brace surgical procedure this previous April, Castillo notes that he’s on observe to get again on the mound in late April 2025. Levi Luna (X hyperlink) was the primary to report that the 2 sides had been nearing a deal.
Loáisiga, 30, started his skilled profession with the Giants, signing as a world free agent in 2012. Sadly, he struggled with accidents, and the Giants launched him partway by the 2015 season. The Yankees scooped him up in 2016, nevertheless it wasn’t lengthy earlier than his harm troubles got here again. He suffered a torn UCL, and Tommy John surgical procedure stored him off the sector till June 2017. But, he was sensational upon his return, pitching to a 1.38 ERA and a pair of.17 FIP in 32.2 innings between Rookie Ball and Low-A. It was sufficient for MLB Pipeline, FanGraphs, and Baseball America to rank him among the many prime 25 prospects in New York’s farm system coming into 2018. After one other robust displaying that 12 months, he shot as much as the no. 2 spot on all three lists.
Success eluded Loáisiga on the large league degree over his first three seasons from 2018-20. It didn’t assist that numerous accidents plagued him throughout that point, most notably a shoulder pressure in 2019. Nonetheless, issues modified when the righty moved right into a full-time reduction position in 2021. He continued to take care of shoulder issues (he spent most of September on the IL), however when he was on the sector, he was among the finest relievers within the sport. Loáisiga pitched to a 2.17 ERA and three.01 SIERA over 70 2/3 innings. His sinker, which was all of a sudden touching triple-digits, grew to become his new major pitch, and he paired it with a new-look curveball that was virtually unhittable. In the meantime, his changeup was his strongest weapon in opposition to opposite-handed hitters, and it helped him put up virtually equally spectacular numbers in opposition to righties and lefties alike.
Sadly, Loáisiga has but to pitch a full season since his 2021 breakout. His shoulder gave him bother as soon as once more in 2022, whereas his elbow issues returned the next season. He had surgical procedure to deal with bone spurs in his elbow in April 2023 and inside brace surgical procedure to restore a torn UCL in April 2024. He has solely pitched 69 2/3 innings over the previous three years, placing up a 3.62 ERA and three.91 SIERA. But, he nonetheless has loads of promise in his highly effective proper arm. He averaged 98 mph on his sinker over three appearances this previous April, and the handful of curveballs he threw nonetheless regarded filthy. That explains why a number of groups expressed curiosity in signing him this winter, together with the Padres, Rangers, Mets, and Blue Jays.
It’s additionally a promising signal that the staff that is aware of him (and his harm historical past) greatest is the staff that finally re-signed him. In contrast to a few of Loáisiga’s different suitors (specifically the Padres and Rangers), the Yankees don’t have to hunt for bargains or wager on buy-low free agent targets. They simply signed Max Fried to a large eight-year deal, and so they’re not performed in search of upgrades as they attempt to change Juan Soto within the mixture. They wouldn’t have signed Loáisiga in the event that they didn’t assume he might be a priceless contributor to their bullpen.
The Yankees misplaced a number of relievers to free company this offseason, together with Clay Holmes, Tommy Kahnle, and Tim Hill. Thus, Loáisiga will slot right into a ’pen that lacks high-leverage arms after Luke Weaver and Ian Hamilton. Common supervisor Brian Cashman will presumably stay lively available in the market for relievers; the Yankees had been linked to All-Star nearer Carlos Estévez earlier this offseason, whereas reunions with Kahnle and Hill may be within the playing cards.