Yankees Sign 29-Year-Old Pitcher To $4.5M Deal: Report
Summary
The New York Yankees signed pitcher Clarke Schmidt to a one-year deal worth $4.5 million to avoid arbitration. Although Schmidt will miss some of the 2026 season due to surgery, the team retains control over him until 2028. The Yankees secured him below the projected arbitration salary, preventing a potential hearing.Key Facts
- The Yankees signed Clarke Schmidt to a one-year, $4.5 million contract.
- This deal helps the team avoid arbitration with Schmidt.
- Schmidt will miss part of the 2026 season due to Tommy John surgery.
- He won't be a free agent until 2028, giving the Yankees control over his contract.
- Schmidt had a 3.07 ERA over 30 starts during the 2024 and 2025 seasons.
- The deal was below the $4.9 million arbitration salary projected by MLB Trade Rumors.
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