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Luis Severino signs extension with Yankees to avoid arbitration
The Yankees signed Luis Severino to an extension Friday morning, just in the nick of time to avoid the arbitration hearing that was scheduled for later in the day Friday. The deal has a base of four years and $40 million, buying out his four arbitration seasons. There is a fifth-year club option on the contract, which would be his first free agent season. The deal can max out at $52.25 million over the next five years (thru 2023), according to Joel Sherman and Jeff Passan. This is a great thing for the Yankees, who get to avoid...
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