New York Yankees Re-Sign Luis Severino For Four Years/$40 Million

24

The New York Yankees have re-signed ace starting pitcher Luis Severino to a four-year $40 million contract with a club option for a fifth year, according to Joel Sherman of The New York Post.

Severino, who will turn 25 on Wednesday, was arbitration eligible for the first time as a Super Two player. The new deal allows the two sides to avoid arbitration and locks Sevy in with the Bronx Bombers for the foreseeable future.

Severino has posted dominant numbers the past two seasons, compiling a 3.18 ERA to go with 10.5 K/9, 2.3 BB/9, 0.94 HR/9 and a 46 percent ground-ball rate in 384 2/3 innings of work.

The Yankees have officially announced Severino’s new deal: