TAMPA, Fla. — Carlos Carrasco’s impressive spring performance has earned the righthander a major league contract with New York and a spot in the Yankees’ rotation.
The Yankees announced on Saturday they had signed Carrasco to a one-year contract.
Carrasco, 38, signed a minor league deal with the Yankees on Feb. 5 and could have opted out of the deal on Saturday. Instead, the righthander’s 1.69 ERA in five spring training games, including four starts, earned him his new deal with New York.
He gets a $1.5 million salary while in the major leagues and $180,000 while in the minors, and can earn $2.5 million in performance bonuses for starts: $150,000 each for 12, 14, 16 and 18, $250,000 each for 20, 22, 24 and 26, and $450,000 each for 28 and 30.
Carrasco was 3-10 with a 5.64 ERA in 21 starts for Cleveland last season. In 15 seasons, Carrasco has a 110-103 record and 4.14 ERA. He led the American League in wins in 2017, when he was 18-6 with Cleveland.
The Yankees moved righthander Gerrit Cole to the 60-day injured list as he faces season-ending Tommy John surgery.
Another injury also created the opening for Carrasco. General manager Brian Cashman said righthander Clarke Schmidt will open the season on the injured list. Schmidt is recovering from back stiffness and a sore right shoulder.
Also, the team reassigned righthanders Colten Brewer and Geoff Hartlieb, lefthander Rob Zastryzny, outfielder Ismael Munguia, and infielder-outfielder Andrew Velazquez to minor league camp. Brewer pitched for the Red Sox from 2019-2021, making 70 appearances, including 4 starts, and posting a 498 ERA.