The last piece of the puzzle for the Rays to ship off their $25 million ace to the Los Angeles Dodgers was for the hometown kid — Tyler Glasnow — to sign a contract extension with his new club.
Here’s what that contract extension looks like, and some quick lessons to learn from these dollar amounts:
Breakdown of Tyler Glasnow’s 5-year, $136.5 million extension with the Dodgers:
2024: $10M signing bonus, $25M salary
2025: $30M
2026: $30M
2027: $30M
2028: Club option for $30M
OR
Player option: $21.5— Bob Nightengale (@BNightengale) December 16, 2023On first blush seeing this contract: If you think wins cost around $10 million in 2024, this is the fair market value for about 14 wins above replacement over the next five years, and will surely be used as the benchmark for fellow former Rays ace Blake Snell as he looks for his next deal.