The White Sox and right-hander Lucas Giolito have avoided arbitration by agreeing to a one-year, $10.4MM deal, per Robert Murray of FanSided.
Giolito, 28, was a 16th overall pick of the Nationals and highly-touted prospect in his time there. He struggled a bit in his 2016 major league debut, though he was only in his age-21 season. Nonetheless, the Nats flipped him to Chicago as part of the Adam Eaton trade.
He continued to struggle to establish himself at the big league level over the next couple of seasons but broke out in 2019. He made 29 starts that season and posted a 3.41 ERA. He struck out 32.3% of batters faced while walking 8.1% of them. His 5.2 wins above replacement that year, per FanGraphs, placed him in the top 10 of all pitchers. He would go on to post similar results in 2020 and 2021 as the Sox qualified for consecutive trips to the postseason for the first time in franchise history.
2022 was a down season, however, as Giolito’s strikeout rate fell to 25.4%. That was still above league average but a big drop from his previous career work. That pushed his ERA up to 4.90 for the season. That coincided with a disappointing year for the club as well, with both Giolito and the Sox looking to bounce back here in 2023. It will be his final season before he’s slated to reach free agency.
Based on his strong work earlier in his career, Giolito pushed his salary to $4.15MM in 2021, his first time qualifying for arbitration. He pushed that up to $7.45MM last year and now gets to $10.4MM, just shy of the $10.8MM projected by MLBTR contributor Matt Swartz.