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Cubs starter Hendricks gets 4-year extension
The Chicago Cubs and right-handed starter Kyle Hendricks have agreed on a four-year contract extension with a club option for 2024.
Including the deal he already had for this year at $7.405 million, Hendricks will earn $63 million before the option, sources told ESPN's Jesse Rogers. The extension eliminates Hendricks' last year of arbitration.
The 2024 option will vest if Hendricks finishes in the top three in Cy Young voting in 2020, a source told ESPN's Jeff Passan. If not, it turns into a club option. The option will be for $16 million and includes a $1.5 million buyout
Hendricks, 29, is an anomaly in today's pitching world, with his fastball topping out in the low 90s. He uses control and a devastating changeup to get hitters out. That combination resulted in the lowest ERA (2.13) in baseball in 2016, the year the Cubs won the World Series. He went 16-8 that season and finished third in Cy Young voting.
Hendricks was 14-11 last season with a 3.44 ERA in a career-high 199 innings and 33 starts.
The Dartmouth College product was an eighth-round pick by the Texas Rangers in the 2011 draft. He came to the Cubs in the 2012 trade that sent Ryan Dempster to Texas.
Including the deal he already had for this year at $7.405 million, Hendricks will earn $63 million before the option, sources told ESPN's Jesse Rogers. The extension eliminates Hendricks' last year of arbitration.
The 2024 option will vest if Hendricks finishes in the top three in Cy Young voting in 2020, a source told ESPN's Jeff Passan. If not, it turns into a club option. The option will be for $16 million and includes a $1.5 million buyout
Hendricks, 29, is an anomaly in today's pitching world, with his fastball topping out in the low 90s. He uses control and a devastating changeup to get hitters out. That combination resulted in the lowest ERA (2.13) in baseball in 2016, the year the Cubs won the World Series. He went 16-8 that season and finished third in Cy Young voting.
Hendricks was 14-11 last season with a 3.44 ERA in a career-high 199 innings and 33 starts.
The Dartmouth College product was an eighth-round pick by the Texas Rangers in the 2011 draft. He came to the Cubs in the 2012 trade that sent Ryan Dempster to Texas.