Update: Cubs sign Darvish to 6 year, $126m deal
Ken Rosenthal is reporting that the Cubs signed Yu Darvish to a six year, $126m free agent contract. The year-by-year breakdown is not yet know, but the $21m AAV means the Cubs remain $11m under the 2018 Luxury tax cap, with only the back-up catcher spot remaining to be accounted for.
Earlier this offseason, the Cubs signed Chris Gimenez, Darvish’s old personal catcher with the Rangers, to a minor league deal. The Darvish signing means Gimenez will likely be the Cubs opening day back-up catcher. The terms of Gimenez’s deal are unknown. It is possible the deal included bonuses for making the club that would increase his contract above league minimum salary. The payroll tracker will be updated with Darvish’s year-by-year breakdown and Gimenez’s salary once known.
Darvish's deal apparently includes an opt-out clause after two years. The payroll tracker will be updated when terms are confirmed. Also, Chris Gimenez's salary is now being reported to be $1.275m should he make the team out of spring training. This takes the Cubs to $9.77m under the luxury tax cap. The Cubs have still not set salaries for players under team control (Contreras, Baez, Montgomery, Schwarber, Edwards, Happ, & Almora). I expect raises due to these players will eat up another $500,000-750,000. The Cubs should therefore enter 2018 with about $9m in cap space.
Bob Nightengale is now reporting year-by-year numbers on the Darvish contract (below). The deal also includes full no-trade rights during the first two years, followed by partial no-trade rights thereafter.
- 2018 - $25m
- 2019 - $20m
- 2020 - $22m
- 2021 - $22m
- 2022 - $19m
- 2023 - $18m
crunch 1 hour 37 min ago (view)
...and strop gives up a hit then walks the bases loaded.
...and he closes it out with a K. neat.
this is the 1st cubs road series win since May 17-19 @WAS.
crunch 1 hour 45 min ago (view)
strop comes in to get the last out, but it has to be some kinda slow-walk back in a game that wasn't a save situation.
homer, hbp, k, k...looks healthy.
crunch 1 hour 53 min ago (view)
welcome back kimbrel.
1st pitch goes about 10 miles outside the park by marte.
crunch 2 hours 24 min ago (view)
one takeaway from this game...a slew of cubs players were fans of Hey Arnold! when they were kids.
crunch 3 hours 19 min ago (view)
woo, a good cubs away game.
crunch 5 hours 30 min ago (view)
heyward / cast / bryant / rizzo / baez / schwarb / caratini / kemp(2nd) / Q
crunch 6 hours 51 min ago (view)
so stoked for the williamsport game.
the increasing amount of off-site games is a bit concerning (middle of nowhere Field of Dreams field, really?), but I love this one. it's played out great so far and giving the kids playing in the LL series some primo seats (hope this continues) is a great touch.
Arizona Phil 8 hours 12 min ago (view)
Craig Kimbrel reinstated from IL, Duane Underwood Jr optioned to Iowa, Mark Zagunis recalled as the "26th man" for tonight's game (special travel required to get to Williamsport so MLB Comissioner permits 26th man for both clubs).
crunch 1 day 2 hours ago (view)
Charlie 1 day 3 hours ago (view)
Lester pitched 35 innings today.
crunch 1 day 6 hours ago (view)
2019...cubs fan...being thankful heyward and chatwood are around...wtf...
Eric S 1 day 6 hours ago (view)
Like having a 5-1 lead going into the ninth?
Dolorous Jon Lester 1 day 7 hours ago (view)
With our vaunted late inning tandem of Tyler Chatwood and Rowan Wick!
Who would have thought?
Jackstraw 1 day 7 hours ago (view)
Cubs 1-10 with RISP in the series. Left lots of ducks on the pond. Could take some of the pressure off the pen.
Jackstraw 1 day 7 hours ago (view)
You could hit your thumb with a hammer. Or take a big bite of wayyyy too hot pizza. Just sayin.
Eric S 1 day 7 hours ago (view)
I’m a little surprised and confused that Bote wasn’t in the infield in the ninth? Wth - need that one out boot to complete my day