The Red Sox announced a two-year deal with the right-hander on Wednesday Lucas Giolito.
A source told MLB.com’s Mark Feinsand that the deal is worth $38.5 million and includes an opt-out clause beyond 2024.
In 2023, Giolito, who becomes a free agent this winter, has a 4.88 ERA in 184.1 innings with three teams.
Giolito started the season with the White Sox (3.79 ERA in 121.0 innings) and was traded to the Angels at the trade deadline. With Los Angeles-Anaheim, he averaged a 7.04 ERA in six starts. He later transferred to the Guardians, where he had a 7.04 ERA. The right-hander made history by becoming the first pitcher since 1899 to allow eight or more runs for three different teams in the same year, according to OptaSTATS.
Giolito spent six seasons with the White Sox until 2023. His best season came in 2019, when he went 14-9 with a 3.41 ERA in 176.2 innings. That year, he also led the majors in complete games (three) and shutouts (two) and finished sixth in American League Cy Young Award voting.