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FILE- New York Mets starting pitcher Luis Severino in action during Game 2 of a baseball NL Division Series against the Philadelphia Phillies, Sunday, Oct. 6, 2024, in Philadelphia. (AP Photo/Chris Szagola, File)

Luis Severino and Athletics agree to $67 million, 3-year contract, AP sources say

Two people familiar with the negotiations tell The Associated Press that right-hander Luis Severino and the Athletics have agreed to a $67 million, three-year contract

By JANIE McCAULEY
Published - Dec 05, 2024, 08:18 PM ET
Last Updated - Dec 16, 2024, 05:05 PM EST

Right-hander Luis Severino and the Athletics have agreed to a $67 million, three-year contract, two people familiar with the negotiations told The Associated Press.

The people spoke on condition of anonymity Thursday because the agreement had not yet been announced by the team. Severino can opt out and become a free agent again after the 2026 season.

It's the largest deal ever for the low-budget franchise, topping a $66 million contract for third baseman Eric Chavez covering 2005-10.

There was skepticism the A's could land a pricey free agent while planning to play the next three seasons in West Sacramento, California, before they hope to move into a new stadium in Las Vegas. That planned project took a step forward Thursday when the Las Vegas Stadium Authority approved lease, non-relocation and development documents that would allow construction of a $1.75 billion stadium on the Strip.

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