MLB insider Jon Heyman reported that $12 million of Eovaldi's $75 million deal will come in the form of a signing bonus, split between two $6 million payments.

Nathan Eovaldi and the Texas Rangers finalized a $75 million, three-year contract Thursday that keeps him in their starting rotation. The right-hander was the winning pitcher for Texas in its 2023 World Series clincher,

Nathan Eovaldi is officially a Ranger again. On Thursday, after passing his physical, the pitcher signed the three-year, $75 million deal to which he agreed earlier this week. The deal, according to a person familiar with the contract, includes a $12 million signing bonus, payable in two annual installments and an $18 million salary for 2025.