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Braves Sign Closer Raisel Iglesias to Urgent $16M Deal

UPDATE: The Atlanta Braves have just confirmed the retention of closer Raisel Iglesias on a one-year, $16 million deal, announced on Wednesday. This critical move comes as Iglesias, 35, enters free agency following a mixed season that saw his ERA rise to 3.21 after an impressive 1.95 ERA in 2024.

This contract reaffirms the Braves’ commitment to bolstering their bullpen as they gear up for the 2025 MLB season. Iglesias has been a pivotal figure for the Braves, accumulating 97 saves, a 15-12 record, and a stellar 2.35 ERA over four seasons with the team. His return is expected to shore up a vital part of the Braves’ pitching lineup.

Despite a slightly underwhelming performance last season, where he notably altered his pitch strategy by reducing reliance on his slider and changeup—down from 52% to 38% of his pitches—his overall impact on the game remains significant. Data from Baseball Savant shows a dramatic shift in run value for these pitches, changing from +13 runs in 2024 to -10 runs in 2025.

Since becoming a full-time closer in 2017, Iglesias ranks third in the league in reliever WAR with 11.8 and is second in saves with 247, trailing only Kenley Jansen. His professional journey began with the Cincinnati Reds, where he debuted in 2015 after being signed as an international free agent in 2014. Following a successful stint, he signed a lucrative four-year, $58 million deal with the Los Angeles Angels in 2021.

The Angels traded Iglesias to the Braves at the 2022 trade deadline, marking a significant turn in his career. His consistent performance as a closer has made him a fan favorite and a reliable presence on the mound.

As the Braves prepare for the upcoming season, Iglesias’ experience and record will be invaluable in their quest for another championship. Fans and analysts alike are eager to see how he will adapt and perform in the new season.

Next Steps: Keep an eye on Iglesias’ performance as spring training approaches. The Braves will be relying on his expertise to navigate through the challenges of the upcoming season, and any additional moves in the bullpen could further shape the team’s strategy.

For the latest updates on the Braves and Iglesias, stay tuned as we monitor developments in this ongoing story.

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