Tampa Rays, Matt Moore to Sign 5-Year, $14M Contract

The Tampa Rays have reportedly agreed to sign left-handed pitcher Matt Moore to a 5-year, guaranteed $14 million contract according to Jerry Crasnick.

The club plans to announce the contract this afternoon, which includes options that could raise the value to $37.5 million over 8 years, and could go all the way up to $40 million with escalators:

  • Twitter / @jcrasnick - #Rays reach agreement with pitcher Matt Moore on 5-year, guaranteed $14M contract, source says
  • Twitter / @jcrasnick - "The deal includes several club options that could raise value to $37.5M over 8 years. It could top $40M if he hits escalators."
  • Source -- Matt Moore, Tampa Bay Rays reach five-year, $14 million deal - ESPN
    "Moore, a 23-year-old left-hander, has emerged as one of the elite young prospects in baseball. He went 12-3 with a 1.92 ERA in 27 starts for Double-A Montgomery and Triple-A Durham this season, striking out 210 batters and walking only 46 in 155 innings. Late in the minor league season, ESPN's Keith Law ranked Moore as the No. 2 prospect in the game behind Washington Nationals outfielder Bryce Harper."

  • Twitter / @jcrasnick - "Sources say #Rays plan to announce contract at news conference Friday afternoon"
  • Twitter / @JimBowdenESPNxm - "The Rays did a phenomenal job in signing Matt Moore. Remember 1st 3 yrs he'd be non arbit..which means only 12m for 1st two arbit yrs STEAL"

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