Cubs GM Jim Hendry says Carlos Zambrano's contract wasn't a bad deal … and he's right

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At this point anything having to do with Carlos Zambrano seems like a disaster, but general manager Jim Hendry said yesterday that the five-year, $91.5 million extension the Cubs gave the now-suspended right-hander in mid-2007 was a perfectly reasonable deal:

There was nothing wrong with the investment. This guy was an outstanding pitcher in the National League, in the game, for the four, five years before that. There was no question that the deal was a solid one in the industry. He certainly would have been one of the hotter tickets on the street if that thing went to the end of the season.

This guy pitched a lot of innings, won a lot of games. Really, over the body of work, pitched as well as anybody in the National League for a three, four year period. He certainly pitched well enough to earn that contract whether it’s here or somewhere else.

And you know what? He’s right.

At the time of the deal there were certainly some signs that Zambrano wouldn’t age particularly well, because his performance had already slipped a bit and he’d racked up a ton of mileage on his arm. However, he was a 26-year-old workhorse with an 82-55 record and 3.41 ERA in nearly 1,200 career innings, including five straight 200-inning seasons and top-five Cy Young finishes in three of the previous four years.

There’s some room for debate about whether the Cubs should have committed themselves to five more years of Zambrano, but there’s no question $91.5 million represented significantly less than he would have received on an open market that was much more flush with cash than the current version. That was $35 million less than Barry Zito got from the Giants just six months earlier, and that same offseason the Cubs gave $136 million to Alfonso Soriano.

Perhaps the Cubs should have seen this coming, whether from a performance or personality standpoint, but if anything investing $91.5 million over five seasons in a 26-year-old Zambrano was a bargain in the ’07 market.

The Cubs will soon announce a five-year contract extension for Theo Epstein

CHICAGO, IL - JULY 27: Theo Epstein (R), President of Operations for the Chicago Cubs, talks with head football coach Jim Harbaugh of the University of Michigan before the game between the Chicago White Sox and the Chicago Cubs at Wrigley Field on July 27, 2016 in Chicago, Illinois.  (Photo by Jon Durr/Getty Images)
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Carrie Muskat of MLB.com just tweeted that the Cubs will soon announce a five-year contract extension for president Theo Epstein. Bob Nightengale of USA Today reports that it’s worth in excess of $50 million.

He’s earned it. When he took over the Cubs in October, 2011 the Cubs were a last place team with an aging roster and a front office that was several years behind the state of the art in every conceivable way. Last year the Cubs made the playoffs and this year they are baseball’s best team by a large margin and the franchise looks poised to continue its success for some time.

So, yeah, I’d say locking Theo up is a good idea.

What’s on Tap: Previewing Wednesday’s action

BALTIMORE, MD - SEPTEMBER 21:  Starting pitcher Clay Buchholz #11 of the Boston Red Sox throws to a Baltimore Orioles batter in the first inning at Oriole Park at Camden Yards on September 21, 2016 in Baltimore, Maryland.  (Photo by Rob Carr/Getty Images)
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The Red Sox will once again attempt to clinch the AL East after failing to do so on Tuesday night. They can seal the division with a win against the Yankees or a Blue Jays loss to the Orioles on Wednesday evening.

Clay Buchholz will take the hill for the BoSox against Yankees right-hander Bryan Mitchell in a 7:05 PM EDT start at Yankee Stadium. Buchholz hasn’t exactly been Mr. Reliable this season, holding a 5.00 ERA with an 87/53 K/BB ratio in 133 1/3 innings. However, he has been in three of four starts since returning to the rotation earlier this month. Over those four starts, he owns a 3.97 ERA and a 15/8 K/BB ratio in 22 2/3 innings.

Meanwhile, at the Rogers Centre, the Jays will send out Francisco Liriano against the Orioles’ Chris Tillman in a 7:07 PM EDT start. Liriano has been much improved since coming to the Jays from the Pirates, so the Orioles will have their hands full.

As for Wild Card action, the Royals can be eliminated if they lose to the Twins or if the Orioles beat the Jays. The Yankees can be eliminated by losing to the Red Sox and the Orioles defeating the Jays. In the National League, the Marlins can be eliminated by losing to the Mets or the Giants beating the Rockies.

The rest of Wednesday’s action…

Arizona Diamondbacks (Shelby Miller) @ Washington Nationals (Gio Gonzalez), 7:05 PM EDT

Boston Red Sox (Clay Buchholz) @ New York Yankees (Bryan Mitchell), 7:05 PM EDT

Chicago Cubs (Jake Arrieta) @ Pittsburgh Pirates (Jameson Taillon), 7:05 PM EDT

Baltimore Orioles (Chris Tillman) @ Toronto Blue Jays (Francisco Liriano), 7:07 PM EDT

Cleveland Indians (Zach McAllister) @ Detroit Tigers (Michael Fulmer), 7:10 PM EDT

New York Mets (Seth Lugo) @ Miami Marlins (Jose Urena), 7:10 PM EDT

Philadelphia Phillies (Adam Morgan) @ Atlanta Braves (Mike Foltynewicz), 7:10 PM EDT

Minnesota Twins (Ervin Santana) @ Kansas City Royals (Jason Vargas), 7:15 PM EDT

Milwaukee Brewers (Chase Anderson) @ Texas Rangers (Cole Hamels), 8:05 PM EDT

Tampa Bay Rays (Blake Snell) @ Chicago White Sox (Miguel Gonzalez), 8:10 PM EDT

Cincinnati Reds (Anthony DeSclafani) @ St. Louis Cardinals (Mike Leake), 8:15 PM EDT

Oakland Athletics (Sonny Gray) @ Los Angeles Angels (Alex Meyer), 10:05 PM EDT

Los Angeles Dodgers (Jose De Leon) @ San Diego Padres (Luis Perdomo), 10:10 PM EDT

Colorado Rockies (Tyler Chatwood) @ San Francisco Giants (Jeff Samardzija), 10:15 PM EDT