Former New York Yankees’ starting pitcher Luis Severino is on the move again, nearly one year removed from betraying the Bronx for Queens. After helping the New York Mets reach the National League Championship Series in 2024, Severino has qualified for the most lucrative payday of his career.

“BREAKING: Right-hander Luis Severino and the Athletics are in agreement on a three-year, $67 million contract,” ESPN’s Jeff Passan reported Thursday. “It is the largest guarantee in the history of the A’s franchise. And even with the qualifying offer attached, Severino got well over market expectations.”

Considering that Severino was projected to land a three-year contract worth $51 million this winter, according to MLB Trade Rumors, it is surprising how much the A’s spent for the former Yankees hurler. “Luis Severino’s deal with the A’s includes an opt-out after the second season, per sources,” Passan continued. “The A’s went into this winter seeking pitching and they get one of the best on the market in Severino, whose career earnings now top $130 million. Free-agent pitching prices remain high.”

Despite being without an actual home field for 2025, the A’s appear ready to significantly increase their payroll, even if it means overpaying available assets. Following Severino’s historic deal with the A’s, seeing how the rest of the starting pitchers’ market pans out will be interesting. Could the two-time All-Star’s latest signing open the door for other hurlers to negotiate financially favorable contracts?