Rays To Extend Archer | The Process Report

Rays To Extend Archer

FoxSports’s Ken Rosenthal is reporting the Rays have agreed to a six-year extension with Chris Archer in the range of $25M that begins this season and includes two club options.  The contract covers all of Archer’s arbitration years as well as gives the Rays team options to exercise which would have been Archer’s first two years on the free agent market, Archer would have entered the free agent market  after the 2019 season. The full details will be announced at a noon press conference later today.

This contract means the Rays now have Archer and Moore under team control for at least the next six seasons. The team holds options on Moore through the 2019 season. ESPN’s Jerry Crasnick reports the option years are for approximately $9M and $11M. Yahoo’s Jeff Passan reports the contract has a trade assignment bonus to it. If the entire deal plays out, Archer would earn approximately $46M over the next eight seasons as a member of the Rays.

Archer has pitched in 29 games for Tampa Bay, making 27 starts with a 3.47 ERA (3.94 FIP) and has struck out more batters (137) than he has allowed hits (130) in 158 innings for the Rays.

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