The Royals and Seth Lugo are in the final stages of negotiating a multi-year contract extension, ESPN’s Jeff Passan reports. Lugo had the ability to opt out of the final season of his previous three-year, $45MM contract, but instead of facing an opt-out decision this winter, the right-hander will be staying put in Kansas City. Lugo is represented by the Ballengee Group.
There wasn’t much doubt that Lugo was going to decline his player option and leave his final $15MM on the table in search of a larger and lengthier guarantee in free agency. With the Royals also struggling to stay in the playoff race, there was some speculation that K.C. could look to move the veteran prior to Thursday’s deadline. However, the most recent reporting suggested that not only did the Royals want to keep Lugo beyond July 31, but the club wanted to work out a new contract to convince Lugo to forego his opt-out clause.
Assuming the extension talks indeed cross the finish line, Lugo will join Cole Ragans and Michael Wacha as Royals starters under contract through at least the 2027 season, depending on the specifics of Lugo’s new deal. Wacha’s three-year, $51MM deal signed last November also came under the specter of a player option, as Wacha had the ability to opt out of his $16MM salary for the 2025 season and test the market. Ragans inked a three-year, $13.25MM extension last February that was more about cost certainty than team control, as the deal only covers the southpaw through his second arbitration-eligible year — Kansas City still has arb control on Ragan through the 2028 campaign.
More to come…
Hence then, the article about royals finalizing extension with seth lugo was published today ( ) and is available on MLBtraderumors ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details
Finally We wish PressBee provided you with enough information of ( Royals Finalizing Extension With Seth Lugo )
Also on site :
- Another Weight Loss Surgery and a Wedding Bombshell: Spoilers From '1000-Lb Sisters' Season 8 Episode 2
- Trump-Iran latest: President threatens ‘very strong action’ if protesters are hanged after forced confessions
- Saks Global Secures $1.75 Billion of Committed Capital and Announces Return of Industry Veterans to Advance Transformation of Iconic Luxury Portfolio