A's shocking free agency move: they sign All-Star pitcher Luis Severino
- The New York Yankees signed pitcher Max Fried to an eight-year, $218 million contract.
- Fried receives a $20 million signing bonus, making it a significant investment for the team.
- This deal reflects the Yankees' strategy to strengthen their pitching depth and maintain competitiveness in the league.
On December 11, 2024, the New York Yankees finalized an agreement with left-handed pitcher Max Fried for an eight-year, $218 million deal, making it the largest contract for a left-handed pitcher in MLB history. This deal not only includes a signing bonus of $20 million, payable in two installments, but it also sees Fried receiving $12 million in 2025 and 2026, before transitioning to an annual salary of $29 million for the final six years of the contract. Fried's career performance includes a 3.07 ERA, and despite struggling with injuries earlier in the year, he has demonstrated impressive capabilities upon his return. Yankees general manager Brian Cashman has expressed confidence in Fried's ability to enhance their rotation, which is already viewed as a strength. The signing comes at a time when the Yankees are also navigating offseason moves involving other players to strengthen their team further. The acquisition of Fried signifies the team's commitment to securing top talent amidst a highly competitive market, especially following the loss of star player Juan Soto to the Mets, who also signed a sizable contract with a substantial upfront bonus. The Yankees' approach suggests a focus on building a strong pitching lineup while making strategic trades and signings that would positively influence their performance in the coming seasons. Cashman acknowledged receiving inquiries about other pitchers on the roster, emphasizing the depth they have after Fried's addition. The landscape of MLB contracts continues to change as teams seek to enhance their rosters with high-performing pitchers and maintain competitive edges in the league. Fried's signing is indicative of the evolving dynamic in player acquisitions and the financial considerations that come into play for teams looking to win championships.