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Royals Sign Michael Wacha To Three-Year Deal

November 3, 2024 by MLB Trade Rumors

The Royals announced this afternoon that they’ve signed right-hander Michael Wacha to a three-year contract with a club option for the 2028 season. Per ESPN’s Jeff Passan, the deal guarantees Wacha $51MM and can max out at $72MM if the option is exercised, as Passan goes on to note that the 2028 option rises from $14MM to $18MM if Wacha reaches “easily reachable” incentives during the 2027 campaign, and carries a $1MM buyout. MLB.com’s Mark Feinsand reported the full contract breakdown, noting that Wacha will earn $18MM in 2025 and ’26 before receiving a base salary of $14MM that can rise to $18MM based on incentives.

Wacha held a $16MM player option for the 2025 season that he was widely seen as likely to reject, but this new deal overwrites that contract and will keep him in Kansas City for the foreseeable future. The 33-year-old got his start with the Cardinals after being selected in the first round of the 2012 draft, but performed as little more than a back-end starter in seven seasons with St. Louis. After his first forays into free agency saw him post below-average numbers with the Rays and Mets, Wacha managed to turn things around in a big way after signing with the Red Sox on a one-year deal prior to the 2022 season.

The right-hander managed to turn things around in a big way upon arriving in Boston. In 23 starts with the club, he posted an excellent 3.32 ERA in 127 1/3 innings of work. Wacha has kept that level of performance up throughout his early thirties, with a 3.30 ERA in 76 starts over the past three years with the Red Sox, Padres, and Royals. That 128 ERA+ is already quality mid-rotation production that most any club would happily take as a part of their starting five, but Wacha’s overall numbers looked even better with Kansas City than they had in his two prior successful campaigns.

Wacha largely maintained a more or less identical strikeout rate (21.2%) to the 21.3% figure he posted from 2022-23, and his walk rate ticked down slightly from 6.9% to 6.6%. Far more important than that, however, is Wacha’s improved ability to suppress hard contact. The right-hander’s hard-hit rate of 32.2% was the lowest Wacha had posted since 2017, while his barrel rate also improved slightly over his 2022-23 figure. Overall, Wacha’s quality of contact numbers were among the best of his career, including the lowest line drive rate he’s ever posted in a full season along with improved groundball and infield fly ball rates relative to his 2022-23 seasons. Altogether, that improved batted ball data left the righty with not only a strong 3.35 ERA but also a 3.65 FIP that was his best in seven years.

Looking ahead to 2025 and beyond, the move to keep Wacha in the fold solidifies the club’s rotation entering next season, keeping a front three of Seth Lugo, Cole Ragans, and Wacha together while Brady Singer, Alec Marsh, and Kyle Wright are among the club’s options for their final two starting jobs. With their starting pitching solidified, the Royals will now surely look to upgrade an offense that generally struggled to produce in 2024 outside of superstar shortstop Bobby Witt Jr. In particular, the Royals figure to look for upgrades to their outfield mix coming off a season where the club’s 79 wRC+ in the outfield was bottom three in baseball ahead of only the White Sox and Pirates.

While Wacha’s fresh contract in Kansas City takes a quality mid-rotation arm off of the market, a number of interesting pitchers remain available this winter. Corbin Burnes, Max Fried, Blake Snell, and Jack Flaherty stand at the top of the market, with mid-rotation options like Nathan Eovaldi, Sean Manaea, and Luis Severino among the players still available in a similar tier to Wacha for the many clubs who figure to be on the hunt for rotation upgrades this offseason.

Filed Under: Royals

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