Cubs extend Kyle Hendricks

Kyle Hendricks

Kyle Hendricks

A number of high profile Major Leaguers signed contract extensions recently. Many fans have been waiting to see if the Cubs would get in on the action as several core players inch toward free agency. Today, we found out at least one member of the team will be around for a while. Kyle Hendricks agreed to a four-year extension with a fifth-year option that will keep him in Chicago until at least 2023.

Hendricks, 29, was already signed to $7.41M salary for 2019 and then had one-year of arbitration eligibility in 2020 before being scheduled for free agency as a 31-year old. His 2019 salary remains in place before his four-year guaranteed extension kicks in beginning next season. So, this contract buys out at least three years of free agency.

2020: $12M

2021: $14M

2022: $14M

2023: $14M

There is also a $16M vesting option for 2024 ($1.5MM buyout) which becomes guaranteed based on his finish in the 2020 Cy Young voting. His 3rd place finish in the 2016 voting was a career best. In total, Hendricks is guaranteed $55.5M, with the potential to earn $60+M if his 2024 option is triggered, in addition there are escalators built in for $2 million in 2020 and as much as $3 million beyond that for top three finishes in Cy Young voting.

Hendricks has compiled a 52-33 record with a 3.07 ERA over 133 career games (132 starts). He's been even better, with a 2.98 ERA in 11 postseason appearances. Since his success does not rely on velocity his stuff should hold up well as he enters his thirties, making this a very team-friendly deal for the Cubs.

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  • Absolutely love this deal I can honestly say I think Hendricks is the biggest no brainer signing on this entire roster. The team doesn't have to worry about paying a guy that's reliant on physical ability that's the main reason why I'm hesitant to extend Kris Bryant or Baez while they'll be free agents in their 30's. Hendricks I think not only is going to be effective throughout this deal but I wouldn't be surprised at all to see him resign again in 5-6 years. He's the type of person you want in your clubhouse and his overall character makes me feel good about making this investment in him.

  • In reply to kkhiavi:

    The ext time Hendricks does not put up good numbers in any league that he has played, amature or professional, will be his first.

  • In reply to 44slug:

    He has put up very good numbers.

  • In reply to 44slug:

    Would you like to buy an "n" so that the second word in your comment would be "next"?

  • In reply to DropThePuck:

    Ha! Vanna pick me a letter.

  • Randy Rosario has earned the final BP spot. Ryan and Webster sent to Iowa.

  • Lester, Darvish, Hamels will be the starters against Texas in opening series.

  • VERY happy to hear this news. Unfortunately Bryant is on borrowed time (as he should be) so it's good to sign the guys they can and need to now.

  • In reply to INSaluki:

    How is Bryant on borrowed time?

  • Congrats to Hendricks. Well deserved.

  • Saw the White Sox extended Eloy Jimenez.

  • I wish the Cubs had more Kyle Hendricks and I wish our Country had more Kyles too.

  • As much as I don't want to take away (hijack) the thread that should be about KYLE HENDRICKS - there isn't another current thread so here it goes.

    I was just looking at the bench for the Cubs and I don't recall seeing such a weak group of hitters. Bote, Descalso, Zagunis........all guys who are likely to bat well below .250. That being said, I actually think Bryant is going to have a MVP caliber season and Rizzo's #'s will improve also as a result. Another key will be how much regression we see from Baez, as most experts are expecting. I actually think he is the key bc if his numbers are close to what they were last year, then this offense can be scary good at times (again, if healthy).

  • In reply to INSaluki:

    I was wondering yesterday, if guys like Zagunis & Bote get off to slow starts, how long will they be given? 2 weeks, 3, a month to straighten out? I know some of it may depend on how well or not well Happ does.

    Also Heyward. Yes he makes the big dollars. Yes he was a big key for us in 2016. But that WS is getting further into the rear view mirror. Just wondering these things aloud.

  • In reply to INSaluki:

    The "regulars" get to sink or swim this year. A lot of fans want less platoons (almora) and this is what you get. With new contracts on their way, we will find out who gets to be 1 of the 8 going forward. Production over projection.

  • In reply to INSaluki:

    A lot of "ifs" there, but I'm not ready to panic. Bote's numbers were better in the minors and I see no reason why he won't improve in his sophomore year at MLB. Descalso's OBP and OPS are strengths and in line with La Stella's whom he replaced. Zagunis has earned his way onto the roster and was solid at Iowa. Then, there's Happ, who could replace either Bote or Zagunis on the roster if one falters and Ian shows the improvement the Cubs are looking for. I agree that Bryant and Baez are keys, but IMO Almora and Schwarber could make a huge difference.

  • In reply to Cliff1969:

    I think Schwarber is going to have a huge year. The fact that he was clearly working on hitting to the opposite field this spring is huge. If he can do that with any kind of consistency, and learn to hit lefties at 70% of his righty output, he's going to really help this club. Another key is to learn not to take the weight of the team on his shoulders. His numbers were really quite good well into July last year with the K rate at around 25% and a slash of .249/.375/.498 and a 130 wRC+. Then he went back to trying to hit HR every time to bail out his team who weren't hitting them at all. He has to avoid that. He also needs to know that with that natural strength the HR will come, and if he jsut allows that to happen naturally the doubles will increase, the K rate will dip and his BA will rise. .270/.380/.540 should be the expectation for Kyle.

  • In reply to Cliff1969:

    I don't think Zagunis earned his way on - more of a spot open due to the Happ demotion and Russell suspension. His stay is temporary.

  • In reply to WaitUntilNextYear:

    You could be right, but I think Zagunis' hitting this spring made it easier to send Happ down. If he (Zag) continues to hit, it will give Happ more time to progress at AAA and provides an alternative/backup to Schwarber and Heyward. It's only ST numbers and could change in a hurry, but Zagunis has made changes in his hitting to add power that appear to have worked. He could make the decision to send him back down a difficult one.

  • In reply to Cliff1969:

    There are a lot of IF's on this team, but what is certain is the guys I mentioned (Bote, Descalso, Zagunis) are very likely not going to hit above .250, if not .240 in the major leagues. I don't care what you do in spring training (thin air, weak pitching, etc). Really, this is the weakest bench I can recall in many years of watching the Cubs.

    But, enough speculation my friends................baseball if FINALLY HERE !!!!!!!!!!!!!!!

  • In reply to INSaluki:

    I thing Javy will be better. His talent will lead the way. The more he plays(experience), the better his numbers. I see no reason why he would regress unless injured.

  • In reply to 44slug:

    Javy has turned out better than I even imagined, but most people (experts) would agree that we just witnessed his career year. I honestly cannot see him improving on that. And you know what? That's okay bc last year was pretty amazing.

  • With Boras as his agent it will take 5-7 yr and 25
    million per year to sign Bryant. Trade him at the
    Dec. trade period

  • In reply to emartinezjr:

    LOL. Trade Bryant in Dec. That's a good one.

  • In reply to KJRyno:

    LOL. That is pretty funny. Also, like Bryant is going to sign for $25M AAV. It will start at least at $30M per year.

  • In reply to emartinezjr:

    5-7 years and $25 million AAV will be a bargain for Kris Bryant. I wouldn't be surprised if they haven't already offered an extension of at least that amount.

  • In reply to Cliff1969:

    Wasn't there a rumor of Bryant turning down a 200 million dollar extension last year?

  • In reply to WaitUntilNextYear:

    Absolutely.

  • In reply to WaitUntilNextYear:

    It's going to probably take beaucoup bucks to sigh Bryant if he returns to his mvp form.

  • 1) Cubs 94 wins
    2) Whiners 91 wins
    3) Brewers 88 wins
    4) Reds 79 wins
    5) Pirates 77 wins

  • Nice contract for both Hendricks and the Cubs,... the guy has been extremely consistent since he first got into the rotation. All he does is show up, start pretty consistently, and get guys out,....

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    Put me on the list of people who will be more than happy if the Cubs are forced to pick up his $16M option in 2024 because he finished sufficiently high in the Cy Young Voting. I'll take that risk.

    Seriously, if he finishes in the Top-10 in CYA voting a $16M "option" will be the biggest laugher since, likely, Rizzo's $16.5M "options" in 2020 and 2021.

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