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Rays Finalize $13 Million Deal With Nick Martinez

Tampa Bay views the veteran as a flexible innings source to steady a rotation facing health questions.

Overview

  • The one-year contract guarantees a $9 million 2026 salary and includes a $20 million mutual option for 2027 with a $4 million buyout.
  • To open a 40-man spot, the Rays placed reliever Manny Rodriguez on the 60-day injured list as he recovers from right elbow surgery.
  • Martinez, 35, logged 165 2/3 innings for the Reds in 2025 with a 4.45 ERA across 26 starts and 14 relief outings.
  • Baseball operations chief Erik Neander described Martinez as a veteran stabilizer with starter-reliever versatility, and the club is targeting roughly 30–32 starts for him.
  • The move adds depth around Ryan Pepiot, Drew Rasmussen, Shane McClanahan and newcomer Steven Matz, a group with recent injury and workload limitations that outside analysts say could excel if healthy.