Garrett Crochet Contract: Reported Details Of Red Sox Extension

The Boston Red Sox on Tuesday announced they signed pitcher Garrett Crochet to a six-year contract extension.

Financial terms were not announced, but multiple reports Monday and Tuesday shed more light on Crochet’s new deal, which begins in 2026 and runs through 2031.

MassLive’s Chris Cotillo reported, citing a source, that Crochet will receive a $4 million signing bonus. Crochet’s salary for 2025 reportedly remains $3.8 million, a previously agreed upon amount.

Here’s an annual breakdown of Crochet’s salaries once the new deal kicks in, per Cotillo:

2026: $24 million
2027: $28 million
2028: $28 million
2029 $28 million
2030: $28 million
2031: $30 million

It’s important to note that Crochet reportedly has a player option for 2031. So, he either can opt into the final season for $30 million, bringing the total value of the contract to $170 million over six years, or become a free agent after five years and $140 million.

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Crochet’s deal reportedly doesn’t include deferrals or a no-trade clause. It does reportedly include escalators, though, which can increase his earnings based on performance.

Crochet reportedly can earn up to $2 million based on Cy Young Award finishes between 2027 and 2031. According to MLB.com’s Mark Feinsand, citing a source, Crochet would receive a $2 million assignment bonus if he is traded during the course of the contract.

One other notable nugget, per The Boston Globe’s Alex Speier: The Red Sox receive a conditional option of $15 million for 2032 if Crochet misses 120 consecutive days due to a significant arm injury.

According to Speier, assuming such an event occurred between 2026 and 2030, Crochet’s opt-out after 2030 would be voided. If Crochet avoids said injury, the veteran hurler will receive the opt-out after 2030.

The Red Sox acquired the 25-year-old from the Chicago White Sox in a blockbuster offseason trade. Boston’s hope, obviously, is he’ll anchor its rotation for the foreseeable future, which seems like a worthwhile gamble based on the potential he’s shown in his young career, particularly during an All-Star campaign in 2024.

Crochet, a first-round pick in 2020, ranked first in strikeout rate (35.1%) and strikeouts per nine innings (12.88) last season while posting a 3.58 ERA and 2.69 FIP in 146 frames. The left-hander made his Red Sox debut on Opening Day, allowing two runs over five innings as Boston defeated the Texas Rangers at Globe Life Field.