Sports & Athletes

Most Lucrative MLB Free Agent Contracts for Pitchers Over 35

An analysis of the highest-total-value and highest-average-annual-value free agent deals signed by starting pitchers and closers aged 36 or older. This list highlights rare instances where veteran armage commands premium compensation, reflecting their proven track records of durability, elite strikeout rates, or championship pedigree despite advanced age.

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Items: 20
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Zack Greinke - 6 Years, $206 Million (2019)

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At age 35, Greinke secured one of the largest contracts in baseball history with the Arizona Diamondbacks. His deal reflected his consistency as an All-Star pitcher and his ability to suppress home runs, defying typical age-related decline curves for veteran starters.

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Yusmeiro Petit - 2 Years, $8.2 Million (2015)

While the total is modest, Petit's average annual value was significant for a reliever at age 35. After anchoring the Giants' bullpen, his performance in high-leverage situations demonstrated that experienced closers could still command reliable multi-year security.

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Adam Wainwright - 4 Years, $80 Million (2018)

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Signed at age 36, Wainwright's extension with St. Louis validated his status as a durable ace. The contract included incentives tied to innings pitched, rewarding his unique ability to maintain elite performance and durability well into his late thirties.

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Madison Bumgarner - 5 Years, $85 Million (2019)

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Although turning 30, Bumgarner's subsequent extensions and market value discussions often centered on his peak years transitioning into his mid-30s. His 2021 return to form with San Francisco highlighted the premium placed on post-season experience even as age advances.

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Johnny Cueto - 3 Years, $43.5 Million (2017)

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Cueto signed with Cincinnati at age 31, but his subsequent deals and market performance into his mid-30s illustrate the value of frontline starters. His ability to pitch deep into games and manage high strikeout rates kept his earning power high even as opponents aged.

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Clayton Kershaw - 7 Years, $215 Million (2014)

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Though signed before age 35, Kershaw's contract structure and subsequent extensions are benchmarks for veteran valuation. His dominance in his late 30s, including Cy Young awards at age 37, redefined what teams should pay for elite aging pitchers.

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Max Scherzer - 7 Years, $210 Million (2015)

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Signed at 30, Scherzer’s career trajectory through his 30s is a masterclass in value retention. His consistent strikeout totals and ERA leadership into his late thirties justify the high annual averages typical of top-tier starters, even as physical wear accumulates.

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Jacob deGrom - 5 Years, $185 Million (2019)

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Similar to Scherzer, deGrom's contract predates age 35, but his performance in his late 30s sets the market ceiling for elite starters. His velocity maintenance and elite peripherals at age 38 demonstrated that top-tier talent defies typical economic depreciation.

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Zack Wheeler - 5 Years, $144 Million (2022)

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Signed at 32, Wheeler’s deal highlights the premium on durable innings-eaters. His performance into his late 30s, with sustained sub-3.00 ERAs, shows that teams are willing to pay significant sums for pitchers who can consistently eat 200+ innings without regression.

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Gerrit Cole - 9 Years, $324 Million (2019)

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While signed before 35, Cole’s contract value is heavily influenced by his age-defying performance in his 30s. His ability to maintain elite spin rates and velocity past age 35 has made him the benchmark for maximum valuation among veteran aces.

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Justin Verlander - 2 Years, $40 Million (2023)

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Verlander’s recent deals with Houston and Mets, signed at ages 39 and 40, represent historic value. His transformation into a high-efficiency reliever/spot starter showcases how elite craft and adaptability can extend high-level earning potential well past age 35.

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Nathan Eovaldi - 3 Years, $55 Million (2022)

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Signed at 31, Eovaldi’s subsequent market value in his mid-30s reflects his reliability as a frontline starter. His ability to provide consistent innings and post-season experience allows him to command contracts that outperform typical age-adjusted projections.

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Chris Sale - 5 Years, $165 Million (2022)

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Although signed at 32, Sale’s performance into his late 30s demonstrates the risk/reward of elite talent. Despite injury concerns, his elite strikeout rates when healthy justify high average annual values, proving that top-tier stuff can command premiums despite age.

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Carlos Rodon - 4 Years, $162 Million (2024)

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Signed at 30, Rodon’s deal highlights the value placed on high-floor starters. His ability to maintain strong command and low walk rates into his mid-30s ensures he remains a viable candidate for multi-year, high-value contracts in the open market.

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Pablo López - 6 Years, $175 Million (2023)

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Signed at 27, López’s contract structure is indicative of how teams are pricing future value. His rapid rise to ace status suggests that pitchers who enter their 30s with a complete repertoire and consistent health will command top-tier deals.

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Framber Valdez - 5 Years, $92 Million (2024)

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Signed at 30, Valdez’s contract reflects the premium on ground-ball specialists. His ability to limit home runs and sustain efficiency into his 30s makes him an attractive candidate for long-term stability, a key factor in modern pitching valuations.

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Félix Hernández - 4 Years, $32 Million (2019)

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Signed at 33, Hernández’ deal with Seattle was a modest sum but significant for a former ace. It highlighted the steep depreciation in value for pitchers who experience sharp declines, serving as a cautionary tale for teams overpaying for past glory.

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Rick Porcello - 2 Years, $32 Million (2020)

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Signed at 32, Porcello’s later contracts illustrate the market correction for mid-tier starters. His performance into his mid-30s showed limited value, resulting in shorter terms and lower averages compared to true frontline aces entering their late 30s.

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James Paxton - 1 Year, $18 Million (2022)

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Signed at 34, Paxton’s deal reflects the risk premium for pitchers with injury histories. His limited effectiveness in his mid-30s resulted in a short-term contract, demonstrating that durability concerns significantly dampen compensation for veteran starters.

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Ian Kennedy - 1 Year, $5 Million (2019)

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Signed at 34, Kennedy’s contract represents the lower end of the spectrum for veterans. His performance in his mid-30s was inconsistent, leading to a modest one-year deal that underscores the challenges older pitchers face in securing long-term financial security.