LOS ANGELES – The Los Angeles Dodgers have acquired right-handed pitcher Tyler Glasnow and outfielder Manuel Margot from the Tampa Bay Rays in exchange for right-handed pitcher Ryan Pepiot and outfielder Jonny DeLuca. Additionally, Glasnow has agreed to a five-year contract extension with the Los Angeles Dodgers for $136.5 million.

Glasnow, 30, joins the Dodgers after spending the last six seasons with the Tampa Bay Rays. In 2023, he went 10-7 with a 3.53 ERA, allowing 47 runs in 120 innings with 162 strikeouts in a career-best 21 starts. He finished with career-highs in wins, starts, strikeouts, strikeouts per 9 (12.2) and innings pitched. In six seasons with Rays, he went 27-16 with a 3.20 ERA and 526 strikeouts in 388.1 innings. He has been in the Major Leagues parts of eight seasons with the Pittsburgh Pirates (2016-2018) and Tampa Bay (2018-2023) and he is a combined 30-27 with a 3.89 ERA in 529.2 innings. The Southern California native was drafted by the Pittsburgh Pirates in the fifth round of the 2011 First Year Player Draft out of William S. Hart High School.

Margot, 28, appeared in 99 games for the Rays in 2023, slashing .264/.310/.376 with four homers and 38 RBI. He finished his fourth season with Tampa Bay, staring in a total of 360 games and recording 66 doubles, six triples, 19 homers and 153 RBI while posting a .984 fielding percentage. He began his career with the San Diego Padres in 2021, playing four seasons with the Friars and hitting .248 with 33 homers and 130 RBI in 428 games. He originally signed with the Boston Red Sox as a minor league free agent on July 2, 2011 from San Cristobal, Dominican Republic. 

Pepiot, 26, made eight appearances (three starts) for the Dodgers last season, allowing 10 runs in 42.0 innings with 38 strikeouts.  He went 2-1 with a 2.14 ERA, while posting career bests in innings pitched, ERA+ (204), WHIP (0.76) and batting average against (.179). In two seasons with the Dodgers, he went a combined 5-1with a 2.76 ERA in 17 games (10 starts) with 80 strikeouts in 78.1 innings.  The Indiana native spent parts of three seasons in the minor leagues with the Dodgers, going 14-12 with a 3.51 ERA and 298 strikeouts in 64 games (55 starts). He was originally drafted by the Dodgers in the third round (102nd overall) of the 2019 First Year Player Draft out of Butler University.  

Deluca, 25, appeared in 24 games for the Dodgers last season, hitting .262 with one double, two homers and six RBI. With Triple-A Oklahoma City, he hit .306 with 13 doubles, two triples, seven homers and 35 RBI in 41 games. He began the season with Double-A Tulsa, hitting .279 with 10 homers and 18 RBI. The Southern California native was originally drafted by the Dodgers in the 25^th round of the 2019 First Year Player Draft out of the University of Oregon.