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Rays Reportedly Agree to $13 Million Deal With Nick Martinez

Reports indicate the agreement awaits a physical, with the Rays envisioning a starting role for the veteran right-hander.

Overview

  • Multiple outlets say Martinez has agreed to join Tampa Bay for $13 million guaranteed, though the club has not announced the move.
  • Insiders report the deal is pending a physical, and USA Today's Bob Nightengale says the Rays plan to deploy him as a full-time starter.
  • Coverage differs on the contract structure, with some describing a multi-year pact and others framing it as a 2026 commitment.
  • Martinez logged 165 2/3 innings with a 4.45 ERA for the Reds in 2025 after a 3.10 ERA across 142 1/3 innings in 2024.
  • Because he accepted a qualifying offer last offseason, this reported signing carries no draft-pick compensation for Tampa Bay.