Jeffrey Springs Signs Extension with Rays

In 2019 with the Rangers, Jeffrey Springs had a 6.40 ERA out of the pen. In 2020 with the Red Sox, it was 7.08. Nonetheless, the Rays’ scouts/front office saw something in him and brought him to Florida. He responded with a 3.46 ERA. Rays management then thought maybe he could be a starter…and in his first full season as a starter put up a 2.45 ERA over 135 innings, by far his most in a season in his five year career.

Today he signed a four-year, $31M deal with the Rays. It has interesting escalator clauses that can up the salary each year based on the preceding season’s performance, and a fifth year club option. If he hits each milestone, the deal could end up worth over $65M.

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