Luis Severino signs contract with Athletics in Sacramento [Video]

SACRAMENTO, Calif. — Right-hander Luis Severino and the Athletics have agreed to a $67 million, three-year contract.

Severino can opt out and become a free agent again after the 2026 season.

It’s the largest deal ever for the low-budget franchise, topping a $66 million contract for third baseman Eric Chavez covering 2005-10.

There was skepticism the A’s could land a pricey free agent while planning to play the next three seasons in West Sacramento, California, before they hope to move into a new stadium in Las Vegas. That planned project took a step forward Thursday when the Las Vegas Stadium Authority approved lease, non-relocation and development documents that would allow construction of a $1.75 billion stadium on the Strip.

The A’s went 69-93 for their third straight losing season in 2024, then left Oakland after 57 seasons.

Severino, who turns 31 on Feb. 20, was a free agent for the second straight offseason after going 11-7 …