Luis Severino was signed by the Mets for a contract worth $67 million over three years (Source: IMAGN)
The Oakland Athletics signed Luis Severino to a three-year deal worth $67 million that set the franchise record for the highest guaranteed fee. The peculiarity and the timing of the deal have shocked the majority of the baseball community.
It was already a shock when the New York Mets backed Severino to be part of their rotation last season. However, Carlos Mendoza's management team seemed to have fixed Sevy, whose 11-7, 3.91 ERA record in 2024 was enough to get a hefty contract. The starter had been injury prone previously and could play 45 games between 2019 and 2023.
Severino had also rejected a qualifying offer of $21.05 million from the Mets, who had wanted to keep him in their pitching staff. As reported first by ESPN's Jeff Passan, the 30-year-old signed the biggest deal in A's history. His contract includes an opt-out in the second year but also pushes his career earnings over $130 million.

