Tampa Bay Rays may trade Drew Rasmussen due to 2027 contract escalators

Yahoo Sports1 min read • Latest: Sep 1, 2026, 5:09 PM

Last updated Sep 1, 2026

Tampa Bay Rays may trade Drew Rasmussen due to 2027 contract escalators
Summary

The Tampa Bay Rays are considering a potential trade of starting pitcher Drew Rasmussen as the team navigates internal salary constraints. Rasmussen, who currently holds a 2.95 ERA, has seen his 2027 club option increase from $8.5 million to $18.5 million due to contractual escalators tied to starts and time spent on the injured list. If he remains active through the end of the 2026 season, that figure is projected to reach $20 million. Such a sum would exceed the highest salary the franchise has ever paid a player for a single season. Management could choose to exercise the option and subsequently trade the pitcher if the cost exceeds the organization's established budget parameters. Rasmussen has been a consistent contributor for the team since joining the starting rotation in 2021.

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Status Watch
  • Drew Rasmussen has maintained a 2.95 ERA throughout the 2026 season.
  • Contractual escalators have pushed Rasmussen's 2027 club option to $18.5 million.
  • The option value could reach $20 million if Rasmussen avoids the injured list through season's end.
  • The Rays have never paid a player $20 million for a single season.
Latest Updates
  • 5:09 PMYahoo SportsRays might end up trading 2.95 ERA All-Star pitcher amid $20M problem
What they're saying
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This $20 million problem could lead to a disappointing trade.

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