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Rays Exercise 2027 Option on Drew Rasmussen

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Nov 1, 2026, 9:19 PM ET

The Tampa Bay Rays announced on Saturday that they exercised their $20 million 2027 option on right-hander Drew Rasmussen, according to Marc Topkin of the Tampa Bay Times. Rasmussen's option went from $8 million to $20 million for next year after he made 30 starts during the regular season and spent fewer than 45 days on the injured list. It was a successful season for the 31-year-old, who has a lengthy history of arm injuries. Despite the increase in the value of his 2027 option, the Rays will bring Rasmussen back after he went 16-5 with a 2.67 ERA (2.82 FIP) and a league-leading 0.91 WHIP with a career-high 174 strikeouts and 32 walks in 172 innings pitched across his 30 regular-season starts. It was his second straight season making the All-Star team at the top of Tampa's starting rotation. Rasmussen kept it going in the postseason to help the Rays reach the World Series, where they were defeated in five games by the Milwaukee Brewers. In five starts during the playoffs, he allowed seven earned runs (2.20 ERA) and 21 hits (two homers) with only five walks and 21 strikeouts in 28 2/3 innings pitched.--Keith Hernandez
Source: Tampa Bay Times - Marc Topkin

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