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AL Champion Rays Pick up $20 Million Option on Ace Pitcher Drew Rasmussen for 2027

The right-hander went 16-5 with a 2.67 ERA in 30 starts and helped Tampa Bay reach the World Series.

  • On Saturday, the Tampa Bay Rays exercised their $20 million club option on ace pitcher Drew Rasmussen for 2027, ensuring the two-time All-Star remains with the team.
  • The option price rose to $20 million because Rasmussen remained healthy and made at least 28 starts, avoiding a $500,000 buyout and bringing total contract value to $28 million over three seasons.
  • Rasmussen went 16-5 with a 2.67 ERA in 30 starts, helping the Tampa Bay Rays secure an American League East title and striking out 10 batters in his Division Series opener against the New York Yankees.
  • On Friday, the Tampa Bay Rays declined mutual options on pitcher Nick Martinez and outfielder Cedric Mullins, leaving at least one open spot in the rotation for next year.
  • While the Rays are typically one of the lowest-spending teams in MLB, they retain control of Rasmussen for at least one more season, though a future trade cannot be ruled out if payroll constraints emerge.
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[Sports Chosun Reporter Park Sang-kyung] He was given the highest salary in franchise history. However, trade rumors are already circulating. On the 1st (Korean time), MLB.com announced that the Tampa Bay Rays exercised their team option for ace Drew Rasmussen for the 2027 season. Tampa Bay had the option to part ways with Rasmussen at the end of this season by paying a $500,000 buyout, or to retain him for $8 million. Rasmussen

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Rays exercise $20M option on star RHP Drew Rasmussen for 2027

By Field Level Media Nov 01 (Field Level Media) - The Tampa Bay Rays secured ace right-hander Drew Rasmussen for the 2027 season by picking up his $20 million club option on Saturday. Rasmussen, 31, produced a career year ​in helping the Rays win the A...

The Rays of Tampa Bay, champions of the American League, exercised their $20 million option on Saturday over Drew Rasmussen's ace pitching.

·San Juan, United States
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MLB Trade Rumors broke the news in United States on Saturday, October 31, 2026.
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