The New York Yankees and ace Luis Severino avoided arbitration Friday after agreeing to a contract extension.
According to Joel Sherman of The New York Post, Severino has agreed to a four-year, $40 million extension pending a physical. The deal also holds an option for a fifth year. Mark Feinsand of MLB.com reported it being worth $15 million.
Severino gets $40M for 4 yrs guaranteed with an option. #Yankees
— Joel Sherman (@Joelsherman1) February 15, 2019
Source: Luis Severino's fifth year option is for $15 million.