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Yankees exercise RHP Luis Severino’s $15M option for 2023

Oct 20, 2022; Houston, Texas, USA; New York Yankees starting pitcher Luis Severino (40) reacts after a strikeout to end the fifth inning against the Houston Astros in game two of the ALCS for the 2022 MLB Playoffs at Minute Maid Park. Mandatory Credit: Erik Williams-USA TODAY Sports
Credit: Erik Williams-USA TODAY Sports

As team president Brian Cashman promised, the New York Yankees exercised their 2023 option on right-hander Luis Severino, who will be paid $15 million next season.

Severino, 28, signed a four-year contract in 2018 worth $40 million plus the team option for 2023. He becomes a free agent after the World Series next November.

In his first full season since Tommy John surgery in 2020, Severino missed time due to a lat injury that forced him to the 60-day injured list.

He made 19 regular-season starts with a 3.18 ERA and 1.00 WHIP over 102 innings, with 112 strikeouts in 2022.

Cashman said last week it was an “easy decision” to pick up Severino’s option.

Twice a top-10 finalist for the American League Cy Young Award before his injury, Severino turns 29 in February and has pitched a total of 120 innings since his surgery.

The Yankees have Severino, right-hander Gerrit Cole, All-Star left-hander Nestor Cortes and Frankie Montas under contract for 2023.

Montas, 29, is returning from a shoulder injury that limited his availability following New York’s move to bring him on board from the Oakland Athletics at the trade deadline.

–Field Level Media