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MLB Exec Says Pitching Market Is 'Through the Roof' After Severino's $67M Contract

Dec 6, 2024
NEW YORK, NEW YORK - OCTOBER 16: Luis Severino #40 of the New York Mets pitches in the first inning against the Los Angeles Dodgers during Game Three of the National League Championship Series at Citi Field on October 16, 2024 in New York City. (Photo by Sarah Stier/Getty Images)
NEW YORK, NEW YORK - OCTOBER 16: Luis Severino #40 of the New York Mets pitches in the first inning against the Los Angeles Dodgers during Game Three of the National League Championship Series at Citi Field on October 16, 2024 in New York City. (Photo by Sarah Stier/Getty Images)

Luis Severino's contract with The Athletics has set the tone for a lucrative free-agent pitching market.

The A's shocked the baseball world by dipping into their pockets and signing the 30-year-old to a three-year, $67 million deal on Thursday. It was the largest contract offered in franchise history and Mark Feinsand of MLB.com reported that it has only raised the value of the other free-agent pitchers still available ahead of the winter meetings.

"The market for pitching is insane right now," an NL executive told Feinsand. "It's through the roof."

Severino certainly earned a solid deal after going 11-7 with a 3.91 ERA for the New York Mets in 2024. He will be a top-of-rotation starter for the A's as the team prepares for its eventual move to Las Vegas and could signal a change in approach for a franchise that is notorious for a low payroll.

However, he was not the top arm available on the market and his hefty contract will only make Corbin Burnes and Max Fried worth even more to whatever team can snag them.

"There are two tier-one guys, and more than two teams [are] looking for a guy like that," the NL exec told Feinsand. "The prices just keep going up."

Burnes went 15-9 with a 2.92 ERA in 194.1 innings for the Baltimore Orioles in 2024. He is a four-time All-Star, a former Cy Young winner, and a consistent ace with postseason experience. Fried went 11-10 with a 3.25 ERA in 174.1 innings for the Atlanta Braves in 2024 and is the top remaining southpaw on the market.

With Severino making an average of $22.3 million per season in his contract, Burnes and Fried could easily reach the $40 million range per season while Nick Pivetta, Jack Flaherty, Nathan Eovaldi and Sean Manea could exceed $30 million per season.

MLB Rumors: A's Made 'Big' Contract Offer to Sean Manaea Before Luis Severino Deal

Dec 5, 2024
LOS ANGELES, CALIFORNIA - OCTOBER 20:  Sean Manaea #59 of the New York Mets reacts after giving up a walk during Game Six of the National League Championship Series against the Los Angeles Dodgers at Dodger Stadium on October 20, 2024 in Los Angeles, California. (Photo by Harry How/Getty Images)
LOS ANGELES, CALIFORNIA - OCTOBER 20: Sean Manaea #59 of the New York Mets reacts after giving up a walk during Game Six of the National League Championship Series against the Los Angeles Dodgers at Dodger Stadium on October 20, 2024 in Los Angeles, California. (Photo by Harry How/Getty Images)

The Athletics made a big offer to starting pitcher Sean Manaea before reaching an agreement with Luis Severino on a three-year, $67 million deal, per Jon Heyman of the New York Post.

The 32-year-old Manaea, a nine-year MLB veteran, played his first six seasons with the A's. Last season, the left-hander went 12-6 with a 3.47 ERA and 184 strikeouts over 181.2 innings (32 starts) with the New York Mets.

Severino's contract is the largest handed out in Athletics' history and the biggest season the team signed third baseman Eric Chavez to a $66 million contract in 2005.

The right-hander enjoyed a fantastic comeback attempt after a host of injuries largely curtailed his previous five seasons, to the point where he made only 45 appearances during that time. Severino also struggled for the New York Yankees in 2023, posting a 6.65 ERA in 19 games.

But he bounced back nicely after signing a one-year deal with the Mets, going 11-7 with a 3.91 ERA (1.24 WHIP) and 161 strikeouts in 182 innings.

Manaea posted a better year than Severino, so one can surmise that he could be in line for a better deal.

Joel Reuter of Bleacher Report predicted that Manaea will get a five-year, $90 million contract. He also guessed that the Baltimore Orioles will ink the left-hander.

Chances are that contract won't be coming from the notoriously low-spending Athletics, who finished last in MLB's payroll list last year.

The A's also perhaps moved on from Manaea to get Severino, who now serves as the staff ace.

Manaea is one of numerous available quality free agent pitchers out there, alongside Corbin Burnes, Jack Flaherty and Max Fried. Japanese star Roki Sasaki will also be made available in the international signing period.

Athletics Estimate New Las Vegas MLB Stadium Will Cost $1.75B; Increase of $250M

Dec 3, 2024
SEATTLE, WASHINGTON - SEPTEMBER 27: A general view of an Oakland Athletics logo and hat before the game against the Seattle Mariners at T-Mobile Park on September 27, 2024 in Seattle, Washington. (Photo by Steph Chambers/Getty Images)
SEATTLE, WASHINGTON - SEPTEMBER 27: A general view of an Oakland Athletics logo and hat before the game against the Seattle Mariners at T-Mobile Park on September 27, 2024 in Seattle, Washington. (Photo by Steph Chambers/Getty Images)

The Athletics' new Las Vegas stadium, which is aiming to open in 2028, now carries a cost of $1.75 billion, or $250 million more than previously estimated, per Evan Drellich of The Athletic.

That increase is due to increasing construction costs and 70,000 square feet of more stadium amenities, per Sandy Dean, who owns a small stake in the A's.

"The increases in the cost of the stadium are the responsibility of the team, and the team would most likely finance that with additional contributions from the Fisher family," Dean said.

The A's are playing in Sacramento's Sutter Health Park for the next three seasons while the stadium is being built.

Mick Akers of the Las Vegas Review-Journal first reported on the cost increase, citing Las Vegas Stadium Authority documents.

"New elements added during the stadium's design phase include more clubs and suites, upgraded general admission spaces and player amenities," Akers reported. "The A's Las Vegas ballpark will be the first in Major League Baseball to offer under-seat cooling."

Dean also had this to say to Akers about the Athletics' desire for a "premier" MLB park: "The design process is iterative, and has been allowing us to add elements to the ballpark intended to make this a premier facility for Major League Baseball."

As of now, Fisher and the A's are on the hook for $1.4 billion of the $1.75 billion stadium. The remainder will be foot by the public via Senate Bill 1, approved in June 2023.

"As of this summer the public contribution for the ballpark through SB 1 was estimated to be about $350 million," Dean told Akers. "The estimates remain about the same and are subject to adjustment based on interest rates and other refinements that will be made as the project unfolds."

That breaks down to Fisher and the A's being responsible for $1.4 billion of the $1.75 billion price tag.

The stadium will have a 33,000-seat capacity, and construction is set to begin in the spring, per Akers.

Brent Rooker to Remain with A's amid MLB Trade Rumors, GM David Forst Says

Nov 5, 2024
CHICAGO, ILLINOIS - SEPTEMBER 15: Brent Rooker #25 of the Oakland Athletics is congratulated by teammates following a two-run home run during the fifth inning of a game against the Chicago White Sox at Guaranteed Rate Field on September 15, 2024 in Chicago, Illinois. (Photo by Nuccio DiNuzzo/Getty Images)
CHICAGO, ILLINOIS - SEPTEMBER 15: Brent Rooker #25 of the Oakland Athletics is congratulated by teammates following a two-run home run during the fifth inning of a game against the Chicago White Sox at Guaranteed Rate Field on September 15, 2024 in Chicago, Illinois. (Photo by Nuccio DiNuzzo/Getty Images)

The West Sacramento Athletics are not going to be trading slugger Brent Rooker this offseason despite speculation he could be moved.

"We're going to keep (Rooker)," general manager David Forst told Jon Heyman of the New York Post.

The 30-year-old outfielder hit .293 in the 2024 season with 39 homers, 112 RBI, 82 runs, 11 stolen bases and a .927 OPS.

Rooker has found his footing with the Athletics and had a breakout year in 2023 after hitting .246 with 30 homers, 69 RBI and a .817 OPS. That earned him the first All-Star Game appearance of his career.

But Rooker was better by basically every metric in 2024, proving that his breakout season wasn't a fluke and that he has the potential to be one of the top sluggers in the sport.

And that, combined with yet another poor season (69-93) from an Athletics franchise that is yet again rebuilding under the ownership of John Fisher—since he bought the Athletics in 2005, the team has won a grand total of two playoff series—made Rooker a potential trade target for contending teams around baseball this offseason.

Granted, his age and defense may have capped his overall value to a degree. That likely would have been offset by the three remaining years of club control before he can become a free agent.

That Rooker will remain fairly cheap compared to what he would get on the open market if he was a free agent probably played a major role in the Athletics deciding to keep him instead of trading him for future assets. That wouldn't be a major surprise coming from an organization that had a pathetically minuscule payroll of $63.4 million in 2024, easily the lowest in baseball.

For context, Los Angeles Dodgers pitcher Yoshinobu Yamamoto alone made $55 million in total cash this past season. When viewed in that light, keep Rooker seemed to perfectly align with the ethos of a franchise that has been in the bottom third of payroll spending dating back to at least 2011.

Athletics Drop Oakland from Name, Announce Brand Guidelines for Sacramento Move

Nov 4, 2024
SEATTLE, WASHINGTON - SEPTEMBER 27: A general view of an Oakland Athletics logo and hat before the game against the Seattle Mariners at T-Mobile Park on September 27, 2024 in Seattle, Washington. (Photo by Steph Chambers/Getty Images)
SEATTLE, WASHINGTON - SEPTEMBER 27: A general view of an Oakland Athletics logo and hat before the game against the Seattle Mariners at T-Mobile Park on September 27, 2024 in Seattle, Washington. (Photo by Steph Chambers/Getty Images)

The Athletics are a team without a city for the time being, at least in how they're referenced.

The MLB franchise announced Monday it has removed Oakland from its name and will simply be the "Athletics." It appears the A's are forgoing any mention of their temporary home of Sacramento, California. They're also amending their primary logo to be an all-green version of the A's design.

This is yet another oddity of the Athletics' eventual relocation to Las Vegas.

Ownership announced its intention of moving to Sin City without firm plans for a new stadium in place. And since that venue isn't scheduled to open until 2028, the A's were stuck trying to find a stopgap because remaining in Oakland wasn't tenable after they burned so much goodwill.

As a result, the Athletics will be stationed in Sutter Health Park, home to the Triple-A Sacramento River Cats. Renovations are already underway to ensure the stadium is up to MLB standards.

There's no question that officially referring to this franchise as the "Sacramento Athletics" would be a little weird when everybody knows this is a short-term marriage. The A's would also have to spend a lot of money on branding and merchandise that has a clear expiration date.

But that's the bind the A's created for themselves.

Omitting Sacramento from any official designation for the team feels unnecessarily petty, especially since the Athletics needed Sacramento much more than the city needed the Athletics. Municipalities weren't tripping over themselves to court principal owner John Fisher.

And this is what Sacramento is getting for stepping up to the plate.

When Hurricane Katrina dislodged the then-New Orleans Hornets from their home in the Big Easy and moved them to Oklahoma City, the Hornets tried to make the best of it and didn't shy away from embracing Oklahoma's capital city.

The A's are taking the opposite approach and preferring to have no geographic affiliation whatsoever. This doesn't exactly set a great tone for how the next few years will go until the Vegas stadium is built.

A's Owner John Fisher Invests $1B to Construction of Las Vegas MLB Stadium

Nov 1, 2024
BALTIMORE, MARYLAND - APRIL 27, 2024: A closeup view of an Oakland Athletics hat during the fifth inning against the Baltimore Orioles at Oriole Park at Camden Yards on April 27, 2024 in Baltimore, Maryland. (Photo by Chris Bernacchi/Diamond Images via Getty Images)
BALTIMORE, MARYLAND - APRIL 27, 2024: A closeup view of an Oakland Athletics hat during the fifth inning against the Baltimore Orioles at Oriole Park at Camden Yards on April 27, 2024 in Baltimore, Maryland. (Photo by Chris Bernacchi/Diamond Images via Getty Images)

As the Oakland Athletics prepare to move to Las Vegas, team owner John Fisher will make a hefty investment into the construction of a new stadium.

Club executive Sandy Dean announced on Thursday that Fisher and his family will invest $1 billion into the construction of a stadium in Las Vegas while U.S. Bank and Goldman Sachs will offer a $300 million loan, according to ESPN's Alden Gonzalez and the Associated Press.

Dean revealed that final approvals will likely be made at a Dec. 5 authority meeting to allow construction of the $1.5 billion ballpark that's expected to contain 33,000 seats as well as a dome.

The A's previously released renderings of what the stadium could look like on Oct. 17.

Construction is on track to begin in the spring with a targeted opening prior to the team's 2028 season, per Gonzalez and the Associated Press. As much as $380 million in public funding will also go into building the ballpark.

The A's finished with a record of 69-93 in 2024, their final season in Oakland after 57 years.

In the meantime, the Athletics will call Sutter Health Park in Sacramento their home. The stadium is typically used by the Sacramento River Cats, the Triple-A affiliate of the San Francisco Giants.

As the A's prepare for their first year in Sacramento, it appears that progress on the construction of their future stadium in Las Vegas is continuing to be made.

Athletics to Play on Grass Instead of Turf in Sacramento Due to Concerns About Heat

Oct 21, 2024
SEATTLE, WASHINGTON - SEPTEMBER 27: A general view of an Oakland Athletics logo and hat before the game against the Seattle Mariners at T-Mobile Park on September 27, 2024 in Seattle, Washington. (Photo by Steph Chambers/Getty Images)
SEATTLE, WASHINGTON - SEPTEMBER 27: A general view of an Oakland Athletics logo and hat before the game against the Seattle Mariners at T-Mobile Park on September 27, 2024 in Seattle, Washington. (Photo by Steph Chambers/Getty Images)

As the Oakland Athletics make the transition to Sutter Health Park in Sacramento for the 2025 season, there will be a change to the previous plan for the stadium's playing surface.

Per The Athletic's Evan Drellich, Sutter Health Park will have natural grass instead of turf because of players' preferences and heat concerns.

MLB had originally planned to use turf for durability reasons given two teams—the A's and the Triple-A Sacramento Rivercats—would share the field throughout the year.

"Since the beginning of this process, we have worked collaboratively with the MLBPA to incorporate feedback from major and minor league players regarding the facilities, amenities, and playing conditions in Sacramento," a league spokesperson said, per Drellich. "Based on feedback from players, as well as guidance from MLB's long-time field expert, MLB and the A's have decided to maintain a natural grass field at SHP. Our shared, primary concern is ensuring the best and safest playing surface for the A's, River Cats, and visiting players.

"In light of the players' clear preference for natural grass, and after weighing with the MLBPA the potential risks and benefits of maintaining natural grass versus replacing the playing surface with synthetic turf, all the parties are aligned in moving forward with a natural grass field for Opening Day 2025."

According to Drellich, MLB still plans to play as many night games as possible to help manage the heat in Sacramento.

The new stadium in Las Vegas will have a roof, meaning heat concerns will be a non-issue.

The Athletics will call Sacramento home for the next three seasons as they await the completion of their new stadium in Las Vegas, which has a target date of Opening Day 2028. The A's deal with Sutter Health Park is for three years but has an option for a fourth if the stadium is not completed by the 2028 season.

Photos: A's Release New Renderings of Proposed $1.5B Las Vegas MLB Stadium

Oct 17, 2024
SEATTLE, WASHINGTON - SEPTEMBER 27: A general view of an Oakland Athletics logo and hat before the game against the Seattle Mariners at T-Mobile Park on September 27, 2024 in Seattle, Washington. (Photo by Steph Chambers/Getty Images)
SEATTLE, WASHINGTON - SEPTEMBER 27: A general view of an Oakland Athletics logo and hat before the game against the Seattle Mariners at T-Mobile Park on September 27, 2024 in Seattle, Washington. (Photo by Steph Chambers/Getty Images)

The Oakland Athletics are getting a new city and stadium in the coming years, and the team recently released some renderings of what the stadium in Las Vegas could look like.

Unlike The Coliseum in Oakland, the new ballpark seems like it will have a roof based on the photos. The recent renderings of the proposed $1.5 billion stadium showed the new roof and other details from the exterior.

According to MLB.com, the new stadium, located on the Las Vegas Strip, will hold 33,000 people—significantly less than The Coliseum, which holds nearly 60,000 people.

Though it is covered by a roof, the stadium features the "world's largest cable-net glass window" to provide "an outdoor feel with views of the city's skyline." Fans will have no trouble seeing stats for their favorite players inside the new stadium, as it will have an 18,000-square-foot video board, the largest of any MLB ballpark.

Per KTVU, the construction companies hired to build the new stadium plan to break ground in the spring of 2025 with a goal of it being ready for Opening Day in 2028. In the meantime, the A's will play their home games at Sutter Health Park in Sacramento.

The ballpark is home to the Triple-A Sacramento River Cats and has a capacity of 14,000. The agreement allows the Athletics to play in Sacramento from 2025 to 2027 with the option to play there in 2028 if stadium construction is not yet completed in Las Vegas.

In their final season in Oakland, the A's finished 69-93, showing some minor improvement from the previous two years but still failing to make the postseason for a fourth consecutive season.

A's Brent Rooker Jokes He Would've Hit .300 If MLB Scorers Were Former Hitters

Oct 16, 2024

Oakland Athletics star slugger Brent Rooker joked Monday that he would have hit .300 if former MLB hitters scored games.

When asked if he can appeal calls, Rooker said the following:

Rooker still had a fantastic season, hitting .293 (.927 OPS) with 39 home runs and 112 RBI. The 2023 All-Star nearly achieved the .300 feat too, finding himself hitting .304 on Sept. 18. A four-game hitless slump dipped Rooker under .300, but that doesn't take away from a phenomenal year.

This was Rooker's second full season in the bigs. He showed off his power last year, too, smacking 30 home runs and knocking in 69 runners to go along with an .817 OPS.

Rooker hit .246 then and displayed serious improvement this year. It was an impressive season for Rooker, who bounced back after hitting just .206 going into May. But he rolled off some great months, including May (.330, .997 OPS) and July (.391, 1.288 OPS).

As for the .300 quest, Rooker would have need four more hits (164 total) in his 546 at-bats to get the job done this year. He reached on an error four times this season, so if those errors were called hits, that would have gotten the job done.

Rooker seems particularly concerned with a ninth-inning ground ball he hit at Astros third baseman Alex Bregman in a 3-0 loss on May 15 that was ruled an error.

Alas, former MLB hitters are not scorers, so Rooker will have to settle for .293.

A's Beat Rangers as Fans Celebrate Final Game at Oakland Coliseum Before Move

Sep 26, 2024
OAKLAND, CA - SEPTEMBER 26: Fans hold up signs prior to the game between the Texas Rangers and the Oakland Athletics at RingCentral Coliseum on Thursday, September 26, 2024 in Oakland, California. (Photo by Lachlan Cunningham/MLB Photos via Getty Images)
OAKLAND, CA - SEPTEMBER 26: Fans hold up signs prior to the game between the Texas Rangers and the Oakland Athletics at RingCentral Coliseum on Thursday, September 26, 2024 in Oakland, California. (Photo by Lachlan Cunningham/MLB Photos via Getty Images)

Thursday marked the end of an era as the Oakland Athletics played their final game at the Oakland Coliseum.

The A's, who have called the Coliseum home since 1968, will spend the next three seasons playing at Sutter Health Park, a Triple-A stadium in Sacramento, before ultimately moving to Las Vegas for the 2028 season.

While the Athletics' final season in Oakland as a whole wasn't successful, the A's at least ended things on a positive note, beating the Texas Rangers 3-2 in front of a sold-out crowd. Oakland still has one more series to play this season, but it will take place on the road against the Seattle Mariners.

The A's final week at the Coliseum saw fans flocking to the ballpark to see their favorite team play one last time while grabbing souvenirs, whether that be a handful of dirt or some seats. On Thursday, fans celebrated the end of an era and the historic venue.

The decision to move the A's from Oakland to Las Vegas has been met with plenty of frustration. Fans spent much of the season protesting the move and filling the Coliseum with chants of "sell the team," though their wishes were never met.

While the Athletics won't return to the Coliseum next spring, the venue will always be remembered by baseball fans.