Tyler Glasnow agrees to 4-year extension with Dodgers, which completes Rays trade

The trade package that sends Tyler Glasnow to Los Angeles hinged upon the right-hander signing a contract extension. That extension with the Dodgers is now being finalized, per Jeff Passan of ESPN.

According to Passan, the deal is for five years, $135 million in total. It overrides Glasnow’s previously guaranteed $25 million salary in 2024, so the extension adds four-years, $110 million to his contract in new money from 2025-2028. Glasnow, who turned 30 in August, will still make $25 million cash in 2024, divided between a $10 million signing bonus and $15 million salary.

The last year of the extension (2028) has a mutual option of sorts. First, the Dodgers will have a club option worth $30 million. If that is declined, then Glasnow will have a $20 million player option.


Los Angeles had to pay a significant price for Glasnow, parting with young talent in right-hander Ryan Pepiot and outfielder Jonny Deluca. Therefore, the club’s requirement of a Glasnow extension for the trade to go through makes a lot of sense.

They will also have to pay a hefty price to retain his services beyond 2024, which given his health record comes with significant risk. However, the right-hander had a 3.53 ERA and 2.91 FIP last season in his first full year back from Tommy John surgery, and has long been known to have some of the best raw stuff in the Major Leagues. If Glasnow can stay on the field, the Dodgers can expect his results to be great.

Glasnow graduated from Hart High School in Santa Clarita, so this is a homecoming to Southern California for him. That may have contributed to his desire to sign a contract extension, which ended up as one of only six times the Dodgers have guaranteed over $100 million to a pitcher.

There is still time to make more additions this offseason, and the Dodgers are expected to, but Glasnow will be at or near the top of the rotation no matter how things shake out.

About Bruce Kuntz

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I'm a Long Beach State journalism student and I've been writing about the Dodgers and their farm system since I was in high school.