Rays signed RHP Drew Rasmussen to a two-year, $8.5 million contract extension with an $8 million club option for 2027.
The deal is now official. Marc Topkin of the Tampa Bay Times reports that the club option could be worth up to $20 million through performance escalators. Rasmussen is expected to return to Tampa Bay’s starting rotation next season after posting a sparkling 2.83 ERA, 1.08 WHIP and 35/6 K/BB ratio across 28 2/3 innings (16 appearances, four starts) last year in a relief role. The 29-year-old righty offers some appeal for fantasy managers, especially those with relief pitcher-only roster spots, but his numbers figure to take a hit from a run-prevention standpoint with the Rays’ relocation to hitter-friendly George M. Steinbrenner Field. He’s more of a late-round pick for re-draft purposes given his extensive injury history, but he projects as a quality ratio booster, especially in deeper mixed leagues.