White Sox & John Danks Agree to Contract Extension

[gladdyontherise]

White Sox, John Danks Agree To Extension: MLB Rumors - MLBTradeRumors.com

Despite many rumors to the contrary, John Danks isn’t going anywhere. The White Sox have agreed to sign the left-hander to a five-year, $65MM contract extension, according to Jon Heyman of CBSSports.com (Twitter links). The news won't be announced before next week, since Danks has to take a physical for the move to become official. Doug Seyller reported the agreement on Twitter five hours ago and appears to have broken the story.

Danks would have been eligible for free agency following the 2012 season, his final year as an arbitration eligible player. Matt Swartz projected a 2012 salary of $7.6MM for the 26-year-old CAA client, who earned $6MM in 2011. That means the White Sox are paying $14-15MM for each of the four free agent seasons the deal buys out (Danks' age 28-31 seasons).

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I think the White Sox missed the memo about what rebuilding and salary dumping is.

[chris_brown]

all this means gladdy,is that itll more than likely mean Floyd'll be the one on his way out in any trade made by Kenny Williams,im more concerned with how the bullpen's gonna look

[key2win]

So much for the White Sox having a fire sale.

[chris_brown]

So much for the White Sox having a fire sale.

Well,with Burhrle gone they had to choose a new staff ace and I'm guessing they're choosing Danks over Floyd and Peavy

[gladdyontherise]

So much for the White Sox having a fire sale.

They don't understand what rebuilding is. Just like the Pistons.