Rays Exercise Rasmussen’s $20 Million 2027 Option
12 sourcesUpdated Nov 1, 20261 min read
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The Tampa Bay Rays exercised Drew Rasmussen’s $20 million club option for the 2027 season, bringing back the right-hander after a standout 2026. He went 16-5 with a 2.67 ERA in 30 starts and helped lead Tampa Bay to a World Series appearance. The option’s value rose from $8 million after Rasmussen met performance and availability benchmarks; a trade remains possible, but the move secures him for at least another season.
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Hope he stays healthy because that 2.67 ERA shows what he can do when everything clicks.
The Rays made the right call locking him in, especially with how thin their rotation has been lately.
Rasmussen deserved every bit of that bump to 20 million after throwing 30 quality starts.
