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Option Exercised

Rays Exercise Club Option on Drew Rasmussen

The Tampa Bay Rays have exercised their $20 million option on ace pitcher Drew Rasmussen for 2027, a move that was likely easy despite the price increase.

CGCeleste Gallagher
Nov 1, 2026 · Updated Nov 1, 2026 · 4 min read
Rays Exercise Club — DrewRasmussen2026.jpg
Raysfanjake1984 / CC0, via Wikimedia Commons

The Tampa Bay Rays have exercised their $20 million option on ace pitcher Drew Rasmussen for the 2027 season, a move that was likely easy despite the price increase.

The Tampa Bay Rays have exercised their $20 million option on ace pitcher Drew Rasmussen for the 2027 season, according to Marc Topkin of the Tampa Bay Times. This move is a testament to Rasmussen's impressive performance in 2026, where he made at least 28 starts and remained healthy throughout the season.

Rasmussen's Contract Worth

The value of Rasmussen's contract increased from $8 million to $20 million due to his impressive performance in 2026. This triggered escalators that elevated the value of his option, making it a significant investment for the team.

  • Rasmussen played a pivotal role in Tampa Bay's successful 2026 campaign that ended with a World Series appearance.
  • He started 30 games during the regular season, posting a 16-5 record to go along with a 2.67 ERA and 0.913 WHIP.
  • Rasmussen amassed 174 strikeouts compared to 32 walks in 172 innings of work.

Rays Exercise Option on Drew Rasmussen, Bolstering Rotation Depth

The Rays' Roster Moves: What's Next?

I'm still trying to wrap my head around the implications of this move. With Rasmussen locked in for 2027, it's likely that the Rays will focus on bolstering their bullpen and adding depth to their rotation. The team may also look to make some trades or sign free agents to strengthen their lineup.

It'll be interesting to see how they choose to allocate their resources and whether it pays off come next season. Rasmussen's return will undoubtedly boost the team's chances of remaining a top contender in the AL East, but the other teams in the division may also make moves to keep up with Tampa Bay's star-studded roster.

The Players Involved: Who's Who

Drew Rasmussen is more than just a talented pitcher - he's a key figure in the Rays' success. With his impressive performance in 2026, it's no wonder that the team exercised their option on him for another season.

Rasmussen's stats are nothing short of remarkable: 30 starts, 16-5 record, 2.67 ERA, and 174 strikeouts in 172 innings. He's a true ace pitcher, and his presence on the mound is a game-changer for any team.

The Business Behind the Decision

I've been thinking about what this means for the team's financial situation, and it seems like a no-brainer to me. With Rasmussen locked in for 2027, the Rays are committing $20 million to their ace pitcher. That's a significant investment, but considering his performance last season, it's likely worth it.

The fact that Rasmussen's contract increased from $8 million to $20 million due to his impressive stats is a testament to the team's willingness to reward their players for hard work and dedication. It's also a reflection of the Rays' commitment to building a competitive roster, even if it means paying top dollar for key players.

Rasmussen spent fewer than 45 days on the injured list in 2026, which is a remarkable feat considering the demands of a 30-start season. This just goes to show how valuable he is to the team and why they're willing to pay him top dollar.

The Impact on the Team and Fans

I think it's safe to say that Rasmussen's return will be met with excitement from Rays fans. He's a fan favorite, and his presence on the mound is always a thrill to watch. But beyond just the entertainment value, Rasmussen's performance last season was instrumental in the team's success.

With Rasmussen locked in for 2027, I expect the team to make some moves to bolster their bullpen and rotation. They may look to sign free agents or make trades to add depth to their roster. It'll be interesting to see how they choose to allocate their resources and whether it pays off come next season.

Rasmussen remained impactful during the playoffs, compiling a 2.20 ERA while averaging 9.7 strikeouts per nine innings across five starts. He also limited opposing hitters to a .199 batting average and .543 OPS, earning his second consecutive All-Star nod for his efforts.

The Players Involved: Who's Who

Drew Rasmussen is more than just a talented pitcher - he's a key figure in the Rays' success. With his impressive performance in 2026, it's no wonder that the team exercised their option on him for another season.

By The Numbers:

What Number
Option Price (2027) $20 million
Escalator Triggers (starts) 28
Days on Injured List (2026) <45 days
Regular Season Starts (2026) 30
Strikeouts in Regular Season (2026) 174
ERA (2026) 2.67

Rays Exercise Option on Drew Rasmussen, Bolstering Rotation Depth

The Rays' Roster Moves: What's Next?

I'm still trying to wrap my head around the implications of this move. With Rasmussen locked in for 2027, it's likely that the Rays will focus on bolstering their bullpen and adding depth to their rotation. The team may also look to make some trades or sign free agents to strengthen their lineup.

It'll be interesting to see how they choose to allocate their resources and whether it pays off come next season. Rasmussen's return will undoubtedly boost the team's chances of remaining a top contender in the AL East, but the other teams in the division may also make moves to keep up with Tampa Bay's star-studded roster.

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