Luis Severino Signs Historic Athletics Contract

Luis Severino, a former pitcher for the New York Yankees and New York Mets, has signed a historic three-year, $67 million contract with the Oakland Athletics, marking the largest free-agent contract in the franchise's history. The deal includes an opt-out after the second season and a $10 million signing bonus. Severino's performance with the Mets in 2024, where he posted an 11-7 record with a 3.91 ERA, helped him secure this lucrative deal. The Athletics, known for their budget-conscious operations, surprised many by securing Severino at a price well above market expectations, indicating a strategic shift as they prepare for a temporary relocation to West Sacramento. With this signing, the Athletics aim to excite their fan base ahead of their move and potentially increase their competitiveness in the coming seasons. By signing Severino, the Athletics will forfeit their third-highest pick in the 2025 draft, while the Mets will receive a compensation pick due to having extended a qualifying offer to him.