Kyle Hendricks has continued the trend of starting pitchers inking new deals with their teams before they hit free agency, as the right-hander agreed to a new four-year contract with the Chicago Cubs on Tuesday.
Ken Rosenthal of The Athletic has the details of the new deal, which is worth a maximum value of around $90 million.
Breakdown on Hendricks, per source.
2019: $7.405M.
2020: $12M.
2021: $14M.
2022: $14M.
2023: $14M.
2024: $16M vesting option or $1.5M buyout.Option vests based on Cy finish in 2020. NOT a club option.
Deal also includes $3M per season in Cy escalators. Can max out at $79.8M.
— Ken Rosenthal (@Ken_Rosenthal) March 26, 2019
The Cubs reached an agreement with Hendricks on the same day that Jacob deGrom signed a massive new contract with the New York Mets. Chris Sale also got an extension from the Boston Red Sox last week.
Hendricks has a career ERA of 3.07. The 29-year-old went 14-11 with a 3.44 ERA in 33 starts last season and has been incredibly reliable for the Cubs since he came into the majors in 2014.
