Drew Rasmussen

Tampa Bay Rays, Starting Pitcher
Age: 30y-7m-29d (Jul 27, 1995)
Exp: 5.111 Years
Country: US
College: Oregon State
Drafted: Round 6 (#185 overall), 2018
Agent(s): Beverly Hills Sports Council
2026 Payroll Salary

$5,750,000

2026 Cash

$5,500,000

Career Earnings

$7,243,785

2025-2027 Arbitration Extension (CURRENT)

Drew Rasmussen signed a 2 year, $8,500,000 contract with the Tampa Bay Rays, including $500,000 signing bonus, $8,500,000 guaranteed, and an average annual salary of $4,250,000. In 2026, Rasmussen will earn a base salary of $5,500,000, while carrying a total salary of $5,750,000.
Contract Terms:
2 yr(s) / $8,500,000
Average Salary:
$4,250,000
Signing Bonus:
$500,000
Free Agent:
2028 / UFA
YOS @ Signing:
4.111
Year Age YOS Status PayrollAnnual Luxury Tax Tax % League Tax Cash Annual Cash Cumulative
2025 29 4.111
Arb Avoided
 $2,250,000 $4,250,000 1.76% $2,500,000 $2,500,000
2026 30 5.111
ARB 3
 $5,750,000 $4,250,000 1.74% $5,500,000 $8,000,000
2027 31 5.111
Club
 $8,000,000 $4,250,000 - $500,000 $8,500,000
2028 32 -
UFA
Year Age Service Status Base Salary Signing Proration Incentives Likely Incentives Unlikely Payroll Salary Luxury Tax
2025 29 4.111
Arb Avoided
 $2,000,000 $250,000 - - $2,250,000 $4,250,000
2026 30 5.111
ARB 3
 $5,500,000 $250,000 - - $5,750,000 $4,250,000
2027 31 -
Club
 $8,000,000 - - - $8,000,000 $4,250,000
2028 32 --
UFA
Year Age Status Base Salary Signing Bonus Cash Total Cash Cumulative Cash Remaining AYC Cumulative AYC Remaining
2025 29
Arb Avoided
 $2,000,000 $500,000 $2,500,000 $2,500,000 $8,500,000 $2,500,000 $2,833,333
2026 30
ARB 3
 $5,500,000 - $5,500,000 $8,000,000 $6,000,000 $4,000,000 $3,000,000
2027 31
Club
 $500,000 - $500,000 $8,500,000 $500,000 $2,833,333 $500,000
Contract Notes
  • 2027 Club Option includes a $500,000 buyout
  • 2027 Option Escalators

    2026 Injury-Conditionals  (must pass 2027 physical)
    75+ arm-related IL days: 105 total IL days: $2.5M
    75 or less arm-related IL days + 105 or less total IL days: $3.5M
    45 or less arm-related IL days + 75 or less total IL days: $4.5M
    15 or less arm-related IL days + 45 or less total IL days: $6M

    2026 Games Started (cumulative)
    8: $500,000
    12: $750,000
    16: $1M
    20: $1M
    24: $1.25M
    28: $1.5M
Source: MLB contract specifics generally collected from verified reports.

2024-2024 Arbitration

Contract Terms:
1 yr(s) / $1,862,500
Average Salary:
$1,862,500
Signing Bonus:
N/A
YOS @ Signing:
3.111
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2023-2023 Pre-Arbitration

Contract Terms:
1 yr(s) / $739,700
Average Salary:
$739,700
Signing Bonus:
N/A
YOS @ Signing:
2.111
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2022-2022 Pre-Arbitration

Contract Terms:
1 yr(s) / $711,800
Average Salary:
$711,800
Signing Bonus:
N/A
YOS @ Signing:
1.111
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2021-2021 Pre-Arbitration

Contract Terms:
1 yr(s) / $573,000
Average Salary:
$573,000
Signing Bonus:
N/A
YOS @ Signing:
0.128
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2020-2020 Pre-Arbitration

Contract Terms:
1 yr(s) / $563,500
Average Salary:
$563,500
Signing Bonus:
N/A
YOS @ Signing:
0
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2018-2018 Signing Bonus

Contract Terms:
1 yr(s) / $135,000
Average Salary:
$135,000
Signing Bonus:
N/A
YOS @ Signing:
0
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Seasons

5.111 Years

Career Earnings thru 2026

$7,243,785

Earnings w/ Different Teams

2 teams

Earnings Per Year

Year Age Team(s) Service Status Cash Total Cash Cumulative Awards
2018 22
-
Signing Bonus
$135,000
$135,000
2020 24
0
Active
$143,290
$278,290
2021 25
0.128
Retained
Active
$418,950
$317,343
$697,240
$1,014,583
2022 26
1.111
Active
Pre-Arb Bonus Pool
$711,800
$415,202
$1,726,383
$2,141,585
2023 27
2.111
Injured
$739,700
$2,881,285
2024 28
3.111
Active / Arb Avoided
$1,862,500
$4,743,785
2025 29
4.111
Active / Arb Avoided
$2,500,000
$7,243,785
Total      
$7,243,785
$7,243,785
2026 30
5.111
Active / Arbitration 3 Bypassed
$5,500,000
2027 31
5.111
Active / Club
$500,000
Total
$13,243,785

Earnings Per Team

Years Team Base Signing Incentives Cash Cumulative
3 $562,240 $135,000 - $697,240
5 $6,046,545 $500,000 - $6,546,545
Year Team(s) Age Base Signing Incentives Cash Total Cash Cumulative
2018
22
$135,000
$135,000
$135,000
2020
24
$143,290
$143,290
$278,290
2021
25
$418,950
$317,343
$418,950
$317,343
$697,240
$1,014,583
2022
26
$711,800
$415,202
$711,800
$415,202
$1,726,383
$2,141,585
2023
27
$739,700
$739,700
$2,881,285
2024
28
$1,862,500
$1,862,500
$4,743,785
2025
29
$2,000,000
$500,000
$2,500,000
$7,243,785
Total
$6,608,785
$635,000
$7,243,785
$7,243,785
2026
30
$5,500,000
$5,500,000
2027
31
$500,000
$500,000
Total
$12,608,785
$635,000
$13,243,785

Earnings Per Team

Years Team Base Signing Incentives Cash Cumulative
3 $562,240 $135,000 - $697,240
5 $6,046,545 $500,000 - $6,546,545

Injuries

Year Dates Reason
2024 TB Mar 28, 2024 - Aug 07, 2024 Arm
2023 TB May 12, 2023 - Oct 01, 2023 Arm
2022 TB Jun 15, 2022 - Jul 02, 2022 Hamstring
  • Jan 07, 2025 Signed a 2 year $8.5 million contract extension with Tampa Bay (TB), plus an option for 2027
  • Jan 11, 2024 Signed a 1 year $1.86 million contract with Tampa Bay (TB), avoiding arbitration
  • Mar 01, 2022 Signed a 1 year $711,800 contract with Tampa Bay (TB)
  • May 21, 2021 Traded to Tampa Bay (TB) from Milwaukee (MIL) with J.P. Feyereisen for Willy Adames and Trevor Richards
  • Jun 23, 2018 Signed a contract with Milwaukee (MIL)
  • Jun 04, 2018 Drafted by Milwaukee (MIL): Round 6 (#185 overall)
  • Jul 07, 2017 Unsigned by Tampa Bay (TB)
  • Jun 13, 2017 Drafted by Tampa Bay (TB): Round 1 (#31 overall)
  • Jul 15, 2014 Unsigned by Arizona (ARI)
  • Jun 10, 2014 Drafted by Arizona (ARI): Round 39 (#1170 overall)
Year Team GP GS H R ER BB K HR W L SV IP ERA WHIP WAR
2025 TB 31 31 116 47 46 37 127 18 10 5 0 150.0 2.76 1.02 4.55
2024 TB 16 4 25 10 9 6 35 0 0 2 1 28.7 2.83 1.08 0.60
2023 TB 8 8 36 13 13 11 47 2 4 2 0 44.7 2.62 1.05 1.26
2022 TB 28 28 121 51 46 31 125 13 11 7 0 146.0 2.84 1.04 3.11
2021 TB 35 10 57 27 24 25 73 5 4 1 1 76.0 2.84 1.08 1.67
2020 MIL 12 0 17 10 10 9 21 3 1 0 0 15.3 5.87 1.70 -0.06
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