Lucas Giolito

Boston Red Sox, Starting Pitcher
Age: 30-72d (Jul 14, 1994)
Exp: 6.08 Years
Country: US
Drafted: Round 1 (#16 overall), 2012
Agent(s): CAA Sports
2024 Payroll Salary

$18,000,000

2024 Cash

$18,000,000

Career Earnings

$44,513,212

2024-2026 free-agent-xxb (CURRENT)

Lucas Giolito signed a 2 year , $38,500,000 contract with the Boston Red Sox, including $38,500,000 guaranteed, and an average annual salary of $19,250,000. In 2024, Giolito will earn a base salary of $18,000,000, while carrying a total salary of $18,000,000.
Contract Terms:
2 yr(s) / $38,500,000
Average Salary:
$19,250,000
Signing Bonus:
N/A
Free Agent:
2027 / UFA
Year Age Status PayrollAnnual Luxury Tax Tax % League Tax Cash Annual Cash Cumulative
2024 29 $18,000,000 $19,250,000 - $18,000,000 $18,000,000
PLAYER OPT-OUT: AVAILABLE 2025, 2 YR, $20,500,000 REMAINING
2025 30
ETO
$19,000,000 $19,250,000 7.99% $19,000,000 $37,000,000
2026 31
Vesting
$14,000,000 $19,250,000 - $1,500,000 $38,500,000
2027 32
UFA
Year Age Service Status Base Salary Incentives Likely Incentives Unlikely Payroll Salary Luxury Tax
2024 29 6.080 $18,000,000 - - $18,000,000 $19,250,000
PLAYER OPT-OUT: AVAILABLE 2025, 2 YR, $20,500,000 REMAINING
2025 30 -
ETO
$19,000,000 - - $19,000,000 $19,250,000
2026 31 -
Vesting
$14,000,000 - - $14,000,000 $19,250,000
2027 32 --
UFA
Year Age Status Base Salary Cash Total Cash Cumulative AYC Cumulative AYC Remaining
2024 29 $18,000,000 $18,000,000 $18,000,000 $18,000,000 $12,833,333
2025 30
ETO
$19,000,000 $19,000,000 $37,000,000 $18,500,000 $10,250,000
2026 31
Vesting
$1,500,000 $1,500,000 $38,500,000 $12,833,333 $1,500,000
Contract Notes
  • 2025 Player Option includes a $1M buyout
  • 2026 Option
    $14M Club Option with less than 140 Innings PItched in 2025
    $19M Mutual Option ($1.5M buyout) with 140+ Innings PItched in 2025
  • Annual Incentives ($1M)
    $250,000 each for 150, 160, 170, 180 innings pitched
Source: MLB contract specifics generally collected from verified reports.

2023-2023 Arbitration

Lucas Giolito signed a 1 year , $10,400,000 contract with the Chicago White Sox, including $10,400,000 guaranteed, and an average annual salary of $10,400,000.
Contract Terms:
1 yr(s) / $10,400,000
Average Salary:
$10,400,000
Signing Bonus:
N/A
Free Agent:
2024 / UFA
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2022-2022 Arbitration

Lucas Giolito signed a 1 year , $7,450,000 contract with the Chicago White Sox, including $7,450,000 guaranteed, and an average annual salary of $7,450,000.
Contract Terms:
1 yr(s) / $7,450,000
Average Salary:
$7,450,000
Signing Bonus:
N/A
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2021-2021 Arbitration

Lucas Giolito signed a 1 year , $4,150,000 contract with the Chicago White Sox, including $4,150,000 guaranteed, and an average annual salary of $4,150,000.
Contract Terms:
1 yr(s) / $4,150,000
Average Salary:
$4,150,000
Signing Bonus:
N/A
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2020-2020 Pre-Arb

Lucas Giolito signed a 1 year , $627,000 contract with the Chicago White Sox, including $627,000 guaranteed, and an average annual salary of $627,000.
Contract Terms:
1 yr(s) / $627,000
Average Salary:
$627,000
Signing Bonus:
N/A
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2019-2019 Pre-Arb

Lucas Giolito signed a 1 year , $573,000 contract with the Chicago White Sox, including $573,000 guaranteed, and an average annual salary of $573,000.
Contract Terms:
1 yr(s) / $573,000
Average Salary:
$573,000
Signing Bonus:
N/A
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2018-2018 Pre-Arb

Lucas Giolito signed a 1 year , $555,000 contract with the Chicago White Sox, including $555,000 guaranteed, and an average annual salary of $555,000.
Contract Terms:
1 yr(s) / $555,000
Average Salary:
$555,000
Signing Bonus:
N/A
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2017-2017 Pre-Arb

Lucas Giolito signed a 1 year , $535,000 contract with the Chicago White Sox, including $535,000 guaranteed, and an average annual salary of $535,000.
Contract Terms:
1 yr(s) / $535,000
Average Salary:
$535,000
Signing Bonus:
N/A
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2016-2016 Pre-Arb

Lucas Giolito signed a 1 year , $507,500 contract with the Washington Nationals, including $507,500 guaranteed, and an average annual salary of $507,500.
Contract Terms:
1 yr(s) / $507,500
Average Salary:
$507,500
Signing Bonus:
N/A
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2012-2012 Signing Bonus

Lucas Giolito signed a 1 year , $2,925,000 contract with the Washington Nationals, including $2,925,000 guaranteed, and an average annual salary of $2,925,000.
Contract Terms:
1 yr(s) / $2,925,000
Average Salary:
$2,925,000
Signing Bonus:
N/A
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Career Earnings thru 2024

$44,513,212

Career Earnings w/ Different Teams

5 teams

Earnings Per Year

Year Age Team(s) Status Cash Total Cash Cumulative Awards
2012 17
Signing Bonus
$2,925,000
$2,925,000
2016 21
Active
$108,147
$3,033,147
2017 22
Active
$119,843
$3,152,990
2018 23
Active
$555,000
$3,707,990
2019 24
Injured
$573,000
$4,280,990
2020 25
Active
$232,222
$4,513,212
2021 26
Active / Arb Avoided
$4,150,000
$8,663,212
2022 27
Active / Arb Avoided
$7,450,000
$16,113,212
2023 28
Active / Arb Avoided
Retained
Retained
$1,733,334
$6,709,676
$1,956,990
$17,846,546
$24,556,222
$26,513,212
2024 29
Injured
$18,000,000
$44,513,212
Total      
$44,513,212
$44,513,212
2025 30
Active / early-termination
$19,000,000
2026 31
Active / Vesting
$1,500,000
Total
$65,013,212
Year Team(s) Age Base Signing Incentives Cash Total Cash Cumulative
2012
17
$2,925,000
$2,925,000
$2,925,000
2016
21
$108,147
$108,147
$3,033,147
2017
22
$119,843
$119,843
$3,152,990
2018
23
$555,000
$555,000
$3,707,990
2019
24
$573,000
$573,000
$4,280,990
2020
25
$232,222
$232,222
$4,513,212
2021
26
$4,150,000
$4,150,000
$8,663,212
2022
27
$7,450,000
$7,450,000
$16,113,212
2023
28
$1,733,334
$6,709,676
$1,956,990
$1,733,334
$6,709,676
$1,956,990
$17,846,546
$24,556,222
$26,513,212
2024
29
$18,000,000
$18,000,000
$44,513,212
Total
$41,588,212
$2,925,000
$44,513,212
$44,513,212
2025
30
$19,000,000
$19,000,000
2026
31
$1,500,000
$1,500,000
Total
$62,088,212
$2,925,000
$65,013,212

Earnings Per Team

Years Team Base Signing Incentives Cash Cumulative
2 $108,147 $2,925,000 - $3,033,147
7 $19,789,741 - - $19,789,741
1 $1,733,334 - - $1,733,334
1 $1,956,990 - - $1,956,990
1 $18,000,000 - - $18,000,000

Injuries

Year Dates Reason
2019 CHW Apr 18, 2019 - May 02, 2019 Hamstring
2019 CHW Sep 14, 2019 - Sep 29, 2019 Arm
2021 CHW Sep 01, 2021 - Sep 13, 2021 Hamstring
2022 CHW Apr 10, 2022 - Apr 24, 2022 Knee
2022 CHW May 13, 2022 - May 18, 2022 COVID-19
2024 BOS Mar 28, 2024 - TBD Elbow
  • Dec 30, 2023 Signed a 2 year $38.5 million contract with Boston (BOS), including a player option for 2025
  • Aug 31, 2023 Claimed off waivers by Cleveland (CLE)
  • Jul 27, 2023 Traded to Los Angeles (LAA) from Chicago (CHW) with Reynaldo Lopez for Ky Bush and Edgar Quero
  • Jan 13, 2023 Signed a 1 year $10.4 million contract with Chicago (CHW), avoiding arbitration
  • Apr 01, 2022 Signed a 1 year $7.45 million contract with Chicago (CHW), avoiding arbitration
  • Jan 15, 2021 Signed a 1 year $4.15 million contract with Chicago (CHW), avoiding arbitration
  • Feb 24, 2020 Signed a 1 year $627,000 contract with Chicago (CHW)
  • Mar 05, 2019 Signed a 1 year $573,000 contract with Chicago (CHW)
  • Feb 23, 2018 Signed a 1 year $555,000 contract with Chicago (CHW)
  • Dec 07, 2016 Traded to Chicago (CHW) from Washington (WSH) with Reynaldo Lopez and Dane Dunning for Adam Eaton
  • Jun 28, 2016 Contract purchased by Washington (WSH)
  • Jul 12, 2012 Signed a contract with Washington (WAS)
  • Jun 04, 2012 Drafted by Washington (WAS): Round 1 (#16 overall)
Year Team GP GS H R ER BB K HR W L SV IP ERA WHIP WAR
2024 BOS 0 0 0 0 0 0 0 0 0 0 0 0.0 0.00 0.00
2023 CLE 33 33 169 110 100 73 204 41 8 15 0 184.3 4.88 1.31 2.86
2022 CHW 30 30 171 92 88 61 177 24 11 9 0 161.7 4.90 1.44 0.41
2021 CHW 31 31 145 74 70 52 201 27 11 9 0 178.7 3.53 1.10 4.28
2020 CHW 12 12 47 31 28 28 97 8 4 3 0 72.3 3.48 1.04 0.82
2019 CHW 29 29 131 69 67 57 228 24 14 9 0 176.7 3.41 1.06 5.46
2018 CHW 32 32 166 123 118 90 125 27 10 13 0 173.3 6.13 1.48 -1.28
2017 CHW 7 7 31 14 12 12 34 8 3 3 0 45.3 2.38 0.95 1.49
2016 WSH 6 4 26 18 16 12 11 7 0 1 0 21.3 6.75 1.78 -0.47

Calculated Market Value

Market Value

  • 2 years, $32,189,784
  • Avg. Salary: $16,094,892
  • MLB Rank: 91
  • SP Rank: 32

Current Contract

  • Free Agent: 2027
  • Avg. Salary: $19,250,000
  • MLB Rank: 67
  • SP Rank: 22

Comparable Players

We've selected the following players based on their age, contract status, and statistical production to compare Lucas Giolito to.

Player Length Value Avg. Salary Age When Signed
Nick Pivetta 1 $7,500,000 $7,500,000 30
Luis Castillo 5 $108,000,000 $21,600,000 30
Taijuan Walker 4 $72,000,000 $18,000,000 30
Jameson Taillon 4 $68,000,000 $17,000,000 31
Averages 4 $63,875,000 $16,025,000 30.3

Base Calculated Value

After adjusting the above contracts as if signed at Giolito's current age (30), a linear regression is performed, providing us with the following initial value.

Length Value Avg. Salary
4 $75,253,732 $18,813,433

Statistical Comparisons

Now we'll compare our variables and Giolito statistically over the two seasons prior to their signing. In this case we're analyzing: GS/Yr, IP, K/9, BB/9, ERA, WHIP, FIP, WAR

Player GS/Yr IP K/9 BB/9 ERA WHIP FIP WAR
Nick Pivetta
2022-2023
24.50 4.54 10.15 3.40 4.30 1.25 4.19 3.37
Luis Castillo
2021-2022
29.00 5.83 9.60 3.14 3.49 1.22 3.41 4.72
Taijuan Walker
2021-2022
29.00 5.27 7.90 2.84 3.98 1.19 4.11 1.86
Jameson Taillon
2021-2022
30.50 5.27 8.20 2.18 4.11 1.17 4.18 2.03
Average 28.25 5.23 8.96 2.89 3.97 1.21 3.97 3.00
Lucas Giolito
2022-2023
31.50 5.49 9.91 3.48 4.89 1.37 4.66 1.15
Pct Change 11.50 4.97 10.60 -20.42 -23.17 -13.22 -17.38 -61.67
Median Prime % Change -15.30%
Average Prime % Change -13.60%

Calculated Market Value: Lucas Giolito

After applying our Prime % figures into our base calculated value, we're given two values. The average of these values becomes our current calculated market value.

Terms Avg. Salary
2 years, $32,189,784 $16,094,892
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