Jack Flaherty has signed a two-year, $35 million contract with the Detroit Tigers, which includes a player option for $10 million in the second year. This deal reflects a significant reduction from his expectations of a higher average annual value.

Flaherty's journey back to Detroit comes after a successful stint with the Tigers, where he posted a 2.95 ERA last year. The Tigers aim to bolster their rotation after trading him away, receiving notable prospect capital in the process. The contract structure offers Flaherty an insurance policy against injury, with a potential opt-out if he performs well, indicating both opportunity and risk within the terms of the deal.

There are discussions surrounding the broader landscape of free agency, highlighting a market that has not favored many players like Flaherty this offseason. The Tigers, with manager A.J. Hinch, are looking to make a significant impact and see potential in Flaherty leading the rotation alongside Tarik Skubal.