LATEST NEWS:Lucas Giolito signs a $38.5 million contract to join the Red Sox.

MLB 2023 free agent tracker Lucas Giolito signs a $38.5 million contract to join the Red Sox.

Lucas Giolito, a highly skilled starting pitcher, has apparently been selected and will join the Boston Red Sox.

Red Sox reportedly land RHP Lucas Giolito on 2-year, $38.5 million deal

According to reports on Friday, the right-hander decided to sign a $38.5 million, two-year contract with an opt-out clause following the first season. If he pitches better in 2024 than he did in the previous two seasons, when he produced a combined 4.89 ERA, it will allow him to retest free agency the following winter.

Giolito comes into a Red Sox rotation that was thin on innings the previous year, but the team will still require support if it is to contend in the AL East.

On December 21, the Dodgers added even more wealth to their embarrassing array of riches when they reached an agreement with Yoshinobu Yamamoto, a Japanese player, for a 12-year contract worth $325 million plus a $50.6 million posting fee.

Following Yamamoto’s posting and availability to MLB teams in November, the deal was reached. On Yahoo Sports’ ranking among the top 25 free agents available this winter, he came in second only to Shohei Ohtani.

The biggest pitching contract in MLB history is Yamamoto’s agreement. According to Ken Rosenthal of The Athletic, this contract does not include any deferrals, in contrast to Ohtani’s seven hundred million dollar.

On December 14, the Dodgers completed a trade for Tyler Glasnow with the Tampa Bay Rays, adding a new pitcher to their rotation. Pitcher Ryan Pepiot and outfielder Jonny Deluca were acquired by the Rays in exchange for Glasnow. Manuel Margot, an outfielder, was also acquired by the Dodgers in the trade.

The agreement required Glasnow to sign a contract extension with the Dodgers, which he did the following day when they agreed to a five-year, $135 million agreement.

In an attempt to strengthen their rotation, the Royals acquired their second starting pitcher of the winter on December 15. Right-hander Michael Wacha and Kansas City reached an agreement on a two-year, $32 million contract, as reported by ESPN’s Jeff Passan.

Wacha, 32, had 24 appearances with the San Diego Padres last season and went 14-4 with 124 strikeouts in 134.1 innings pitched. He will be the new face of the Royals rotation, along with Seth Lugo. On Zach Crizer’s list of the top 25 free agents, they were ranked Nos. 17 and 18.

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