The Los Angeles Dodgers signed Tyler Glasnow to a contract extension after acquiring him from the Tampa Bay Rays, making sure he would be with the organization for the longterm.
Glasnow immediately jumps to the front of the Dodgers’ starting rotation, which is partly why it was so important for them to get the deal done. But they did have some more things to work out before making the trade as it was contingent upon Glasnow signing a new contract.
The extension takes him through the 2027 season with an option for 2028, which will be decided upon by both Glasnow and the team when the time comes.
The contract also pays the 30-year-old the $25 million he was set to earn in 2024. However, as reported by Mark Feinsand of MLB.com, the right-hander will receive $10 million in the form of a signing bonus:
Tyler Glasnow and the Dodgers have agreed to a 5-year, $135M extension, per source. The deal includes a $10M signing bonus this year and has a $30M club option for 2029. If the club declines it, Glasnow can exercise a $20M player option. No deferred money.
— Mark Feinsand (@Feinsand) December 15, 2023
Among all players currently under contract, Glasnow’s signing bonus ranks 11th. Without deferred money in the deal, he’ll have an opportunity to earn the full value over the next five seasons, if his 2028 option is exercised by the Dodgers, or slightly less if Glasnow chooses to accept the player option.
The Dodgers sent promising arm Ryan Pepiot and outfielder Jonny DeLuca to the Rays in exchange for Glasnow and Manuel Margot, while also receiving $4 million in cash.
Pepiot flashed a breakout performance with the Dodgers this past season, and still being a pre-arbitration player, it provides the Rays with a long runway to continue his development. DeLuca figured to play a role as depth or a platoon partner, which will now be filled by Margot.
What does Tyler Glasnow bring to Dodgers rotation?
The Dodgers acquired Glasnow because of his high ceiling as a starter, and his track record, when healthy, will allow him to do exactly that.
Among starting pitchers with 300 or more innings since 2019, Glasnow ranks near the top in multiple, meaningful categories. He ranks second in strikeouts per nine innings (12.5), third in batting average allowed (.194) and second in FIP (2.89).
Glasnow’s ability to overpower hitters has allowed him to be a top-end arm, but his durability is the largest question mark when projecting future success. But in the areas that the Dodgers lacked with their rotation, he’s one of the best in MLB and should be a huge addition moving forward.
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