NEW YORK (AP) — Right-hander Luis Severino avoided an arbitration hearing with the New York Yankees, agreeing Friday to a $40 million, four-year contract, a person familiar with the negotiations told The Associated Press.
Severino’s deal includes a team option for 2023 that could make the agreement worth $52.25 million for five seasons. If the option is not exercised, Severino would be eligible for…