MLB News and Rumors

Yankees Announce Decision on Luis Severino's 2023 Option

Adam Taylor McKillop
The New York Yankees announced a decision on Luis Severino's 2023 option.
The New York Yankees announced a decision on Luis Severino's 2023 option. / ASSOCIATED PRESS

One of 28 MLB teams forced to watch the World Series at home, the New York Yankees have already begun preparations for the long offseason heading into the 2023 campaign. Yankees management, specifically GM Brian Cashman and manager Aaron Boone, held a season's end press conference on Friday.

One piece of important news stemming from this press conference regarded starting pitcher Luis Severino's contract, which has a team option for 2023.

Cashman shed some insight on New York's plans on Friday.

Luis Severino Contract

Yankees beat reporter Bryan Hoch reports that Cashman and the franchise intend to pick up Severino's team option in 2023. Severino is owed $15 million for the final year of his deal before hitting unrestricted free agency in 2024.

The news conference was also a telling sign for the front office, as Cashman is technically not under contract. His contract ended on Oct. 31, but he's clearly operating on a handshake agreement with owner Hal Steinbrenner. Otherwise, Cashman would not have been made available to the media.

With a lengthy IL stint during the middle portion of the season, Severino still made 19 starts for New York in 2022. The 28-year-old righty finished with a 3.18 ERA and 112 strikeouts in 102 innings, making him a valuable member of the Yankees' rotation.

SIGN UP NOW. No Sweat First Bet Up To $1,000. dark

Adam Taylor McKillop is not a FanDuel employee. In addition to providing DFS gameplay advice, Adam Taylor also participates in DFS contests on FanDuel using his personal account, username atmckillop. While the strategies and player selections recommended in his articles are his personal views, he may deploy different strategies and player selections when entering contests with his personal account. The views expressed in their articles are the author's alone and do not necessarily reflect the views of FanDuel.