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.
In the absence of any significant Cubs news over the past week (we apparently signed a AAA depth reliever), I instead prepared a brief tribute to an unsung hero of the Cubs rebuild: Crane Kenney, President of Business Operations.
The Associated Press (AP) confirmed today that the Cubs did not exceed the competitive balance tax cap in 2017. The AP obtained the final figures from the commissioner’s office. The Dodgers, Yankees, Giants, Tigers, and Nationals each exceeded the cap in 2017, the Nationals for the first time.