Hailing from Santa Monica, California, United States, Lucas F. Giolito has joined the Boston Red Sox in MLB as of 2024. He was drafted by the Washington Nationals with the 16th overall pick in the 2012 MLB draft and he eventually made his MLB debut for the Washington Nationals on June 28, 2016. Since then, he has played for the Washington Nationals, Chicago White Sox, Los Angeles Angels and Cleveland Guardians.
Before starting his professional career, Giolito played varsity baseball at Harvard-Westlake School. He committed to play college baseball for the UCLA Bruins but decided to become a professional after getting drafted in 2012. Giolito earned several Pitcher of the Week awards, Futures Game Selection award and Top MLB Prospect award throughout his minor league career. Since making his MLB debut, he has Pitcher of the Month award in May 2019 and Player of the Week awards in 2019 and 2020. He played his first MLB All-Star game in 2019 and earned the AL All-Star award the same year.
Lucas Giolito Contract Breakdown
Lucas Giolito signed a two-year $38.5 million contract with the Boston Red Sox on December 30, 2023. The following is his contract breakdown as per Spotrac:
| Year | Base Salary | Signing Bonus | Cap Hit | Dead Cap | Yearly Cash |
| 2024 | $18,000,000 | - | $18,000,000 | - | $18,000,000 |
| 2025 | $19,000,000 | - | $19,000,000 | - | $19,000,000 |
| 2026 | $1,500,000 | - | $1,500,000 | - | $1,500,000 |
How much is Lucas Giolito getting paid?
Lucas Giolito will earn $18 million from the 2024 MLB season as per Spotrac. He signed a two-year $38.5 million contract with the Boston Red Sox on December 30, 2023. His contract also includes a player option for 2025. He will become an unrestricted free agent in 2027.
How much does Lucas Giolito make in a minute?
Lucas Giolito’s total salary from the 2024 MLB season is $18,000,000. If that is divided by the total number of minutes, that is, 525,600 minutes, then he is earning $34.24 per minute in 2024.
Lucas Giolito’s Career Earnings
Lucas Giolito has been involved with Major League Baseball (MLB) for twelve years. He has made career earnings of $44,513,212 through 2024 as per Spotrac. This consists of his total base salary of $41,588,212 along with his total signing bonus of $2,925,000.
What are the terms of Lucas Giolito’s contract?
Lucas Giolito has been guaranteed $38,500,000 along with an average annual salary of $19,250,000. His contract has a 2025 player option with a buyout amount of $1 million. He also has a club option in 2026 worth $14 million for pitching less than 140 innings in 2025. Additionally, his contract for 2026 also includes a $19 million mutual option along with a buyout amount of $1.5 million for pitching 140+ innings in 2025. Furthermore, Giolito will also receive annual incentives of $1 million which includes $250,000 each for pitching 150,160, 170 and 180 innings. His unrestricted free agency will officially start in 2027 as per Spotrac.
How much of Lucas Giolito’s contract is guaranteed?
Lucas Giolito’s present contract with the Boston Red Sox is for two years for a sum of $38.5 million. Based on this contract, he has been guaranteed the same amount along with his average annual salary of $19,250,000 as per Spotrac.
Lucas Giolito’s Contract History
These are all the contracts that Lucas Giolito has signed in his MLB career as of 2024 -
2012
Lucas Giolito signed a contract with the Washington Nationals and received a signing bonus of $2,925,000 on July 12, 2012.
2016
The Washington Nationals purchased Lucas Giolito’s contract and he signed a one-year $507,500 contract with the team on June 28, 2016. However, he was traded by the team to the Chicago White Sox on December 7, 2016, in exchange for Adam Eaton, Reynaldo Lopez and Dane Dunning.
2017
Lucas Giolito signed a one-year $535,500 contract with the Chicago White Sox in 2017.
2018
Lucas Giolito signed a one-year $555,000 contract with the Chicago White Sox on February 23, 2018.
2019
Lucas Giolito signed a one-year contract worth $573,000 with the Chicago White Sox on March 5, 2019.
2020
Lucas Giolito signed a one-year $627,000 contract with the Chicago White Sox on February 24, 2020.
2021
Lucas Giolito avoided arbitration and signed a one-year $4.15 million contract with the Chicago White Sox on January 15, 2021.
2022
Lucas Giolito again avoided arbitration and signed a one-year $7.45 million contract with the Chicago White Sox on April 1, 2022.
2023
Lucas Giolito signed a one-year contract worth $10.4 million with the Chicago White Sox on January 13, 2023. However, the team traded him to the Los Angeles Angels on July 27, 2023 in exchange for Reynaldo Lopez, Edgar Quero and Ky Bush. However, he was placed on waivers by the Los Angeles Angels on August 29, 2023, and was claimed off the waivers by the Cleveland Guardians on August 31, 2023. He became a free agent after the 2023 MLB season and then signed a two-year contract worth $38.5 million with the Boston Red Sox on December 30, 2023.
FAQ's On Lucas Giolito Contract
A. Lucas Giolito will make $18 million in the 2024 season.
A. Lucas Giolito’s contract with the Boston Red Sox is for two years.
A. Lucas Giolito was drafted by the Washington Nationals in 2012.
A. Lucas Giolito has pitched for the Washington Nationals, the Chicago White Sox, the Los Angeles Angels and the Cleveland Guardians so far.
