Rays Sign Nick Martinez

The Rays have agreed to a one-year, $13MM contract with Nick Martinez, pending a physical, which includes a mutual option for 2027. Martinez, a versatile pitcher who can start or relieve, is expected to serve as the team’s fifth starter behind Drew Rasmussen, Ryan Pepiot, Shane McClanahan, and Steven Matz. This signing follows the trade of Shane Baz and adds to the Rays’ depth amidst injury concerns. Martinez, who has excelled since returning to MLB after a stint in Japan, will likely become the Rays’ highest-paid player for 2026.

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