ESPN’s Jeff Passan reported that the Athletics signed RHP Luis Severino to a three-year, $67 million contract.
Severino bounced back in 2024, posting a 3.91 ERA and 161/60 K/BB over 182 innings with the Mets. The team made a qualifying offer to him of $21.05 million, but he declined it and bet on himself, which wound up being the right move as he cashes in on a three-year deal worth more per season than the qualifying offer would have been. For fantasy purposes, the move is certainly a downgrade for the 30-year-old. He is moving to a worse team context and will be pitching next year in a minor league ballpark in Sacramento that will be more friendly to hitters than Citi Field has been. As a result, Severino looks to be a risky bet in 2024 that could be limited to deeper fantasy leagues.