Drew Rasmussen Signs Two-Year, $8.5M Contract with Tampa Bay Rays

The deal includes a team option for 2027, potentially bringing the total value to $28 million over three seasons.

Right-hander Drew Rasmussen and the Tampa Bay Rays reached an agreement to avoid salary arbitration, securing a two-year, $8.5 million contract.
The contract includes a team option for 2027, which could escalate the deal's total value to $28 million over three years if exercised.
Rasmussen, 29, returned to the Rays in August 2024 after undergoing his third elbow surgery, posting a 2.82 ERA in 16 appearances last season.
Despite a history of arm injuries, the Rays plan to have Rasmussen rejoin the starting rotation for the 2025 season after his success as both a starter and reliever.
The Rays acquired Rasmussen from the Brewers in 2021, and he has maintained a career 2.95 ERA over five MLB seasons.