"BOSTON (AP) - Left-hander Ranger Suárez and the Boston Red Sox finalized their $130 million, five-year contract on Wednesday. Suárez gets a $3 million signing bonus, payable within 30 days of the deal's approval by Major League Baseball, and salaries of $7 million this year, $15 million in 2027, $30 million in each of the following two seasons and $35 million in 2030. The deal includes a $35 million mutual option for 2031 with a $10 million buyout."
"Suárez was 12-8 with a 3.20 ERA last season in 26 starts covering a career-high 157 1/3 innings, then became a free agent for the first time. Because he turned down a $22,025,000 qualifying offer from Philadelphia in November, Boston gives up its second- and fifth-highest selections in July's amateur draft and forfeits $1 million in international signing bonus allocation in 2027."
Ranger Suárez agreed to a five-year, $130 million contract with the Boston Red Sox that includes a $3 million signing bonus and escalating salaries through 2030. The pact carries a $35 million mutual option for 2031 with a $10 million buyout. Boston traded infielder Tristan Gray to Minnesota for minor league catcher Nate Baez to open a roster spot. Suárez spent his entire professional career with the Philadelphia Phillies after signing at age 16 and became an All-Star in 2024. He transitioned from bullpen work to a full-time rotation role in 2022 and went 12-8 with a 3.20 ERA in 2024. Boston will forfeit draft picks and international bonus money because he declined Philadelphia's qualifying offer.
Read at Boston.com
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