The New York Yankees brought back an exciting arm to the bullpen this offseason, re-signing Jonathan Loaisiga on a one-year deal.
Even though the 30-year-old is coming off a torn UCL that is likely to delay his start for the 2025 season, Loaisiga has always been held in high regard due to his electric stuff.
With the signing, the contract details have emerged, and the one-year deal comes with an option and incentives in 2026, according to Jon Heyman of The New York Post.
Jonathan Loaisiga contract details
Heyman reported that the deal is a one-year contract worth $5 million with a club option for 2026, which would cost another $5 million.
There’s a signing bonus for $500,000 and the incentives for the 2026 season include $100,000 each if Loaisiga reaches 50, 55, 60, 65 and 70 innings pitched.
Loaisiga has a career 3.44 ERA and a 2.89 ERA since becoming a full-time reliever in 2021. During that span, he’s logged 115 strikeouts across 140.1 innings.
He began his MLB career as a swingman between the rotation and bullpen in 2018. However, he evtnually became a reliable arm to use across multiple innings. He then settled into a set-up role.
Injuries, though, have been a major part of Loaisiga’s career.
He was limited by elbow inflammation that required surgery to remove a bone spur in 2023. Right-shoulder inflammation cut his season short in 2022 with a shoulder strain, and he’s now undergone Tommy John twice in his professional career (once in the minor leagues).
The Yankees added Devin Williams to the back-end of the bullpen and have Luke Weaver returning for more late innings. If Loaisiga can stay healthy, the Yankees could have a formidable trio to help close out games.
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