Severino, Yankees avoid arbitration
Right-hander Luis Severino avoided an arbitration hearing with the New York Yankees, agreeing Friday to a $40 million, four-year contract, a person familiar with the negotiations said.
Severino’s deal includes a team option for 2023 that could make the agreement worth $52.25 million for five seasons. If the option is not exercised, Severino would be eligible for free agency after the 2022 season.
He had been scheduled for the final salary arbitration hearing of the year on Friday morning at St. Petersburg, Florida.
Severino had asked for a raise from $604,975 to $5.25 million in his first season of arbitration eligibility and the Yankees had offered $4.4 million.
A right-hander who turns 25 next Wednesday, Severino is a two-time all-star. He went 19-8 with a 3.39 ERA last year, winning 14 of his first 16 decisions but then five of his last 11. He came out early in both of his postseason starts, going 0-1 in seven innings.
The players win: Detroit beat pitcher Michael Fulmer in the last salary arbitration case this year, leaving players with a 6-4 final record in decisions.
Fulmer was awarded a raise from $575,200 to $2.8 million by Matt Goldberg, Robert Herzog and Elizabeth Neumeier, who heard the case Wednesday. Fulmer had asked for $3.4 million.
Players had a winning record for the third time in four years but just the fifth time since 1996 and 11th time since arbitration started in 1974.
Fulmer was the 2016 AL Rookie of the Year and an all-star in 2017. A right-hander who turns 26 on March 15, Fulmer was 3-12 with a 4.69 ERA in 1321⁄3 innings last year.
He didn’t pitch for the Tigers between July 14 and Aug. 24 because of a left oblique strain, then didn’t pitch after Sept. 15 because of a torn right lateral meniscus.