Former New York Yankees starting pitcher Luis Severino is on the move again, almost a year since he ditched the Bronx for Queens.

After helping the New York Mets reach the National League Championship Series in 2024, Severino has qualified for the most lucrative payday of his career.

“BREAKING: Right-hander Luis Severino and the Athletics agree to terms on a three-year, $67 million contract,” ESPN’s Jeff Passan reported Thursday. “It’s the biggest guarantee in the history of the A’s franchise. And even with the qualifying offer attached, Severino has far exceeded market expectations.”

Considering Severino was expected to receive a three-year deal worth $51 million this winter, according to MLB Trade Rumors, it’s surprising how much the A’s spent on the former Yankees hurler.

“Luis Severino’s contract with the A’s includes an opt-out after the second season, according to sources,” Passan continued. “The A’s went in search of pitching this winter and have one of the best on the market in Severino, whose career earnings now exceed $130 million. Free agent pitching prices remain high.”

Despite not having a true home field in 2025, the A’s appear poised to significantly increase their payroll, even if it means overpaying for available assets.

After Severino’s historic deal with the A’s, it will be interesting to see how the market develops for the remaining starting pitchers. Could the two-time All-Star’s recent signing open the door for other hurlers to negotiate financially favorable contracts?

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