The Tampa Bay Rays signed left-hander Jeffrey Springs to a four-year contract extension through 2026 on Wednesday.
The Rays did not announce financials, but the Tampa Bay Times reported the deal is worth $31 million, with a $15 million option for 2027 that could make it worth $65.75 million if Springs hits all of the incentives.
The deal will kick in this season, with Springs set to make $4 million, per the report.
Springs, 30, went 9-5 with a 2.46 ERA in 33 games (25 starts) for the Rays in 2022, his second season in Tampa.
He is 19-10 lifetime with a 3.57 ERA in 135 career appearances (27 starts) for Texas (2018-19), Boston (2020) and the Rays.
The Rays acquired Springs – along with pitcher Chris Mazza — from the Red Sox in February 2021 for catcher Ronaldo Hernandez and infielder Nick Sogard.