CSNChicago.com’s Patrick Mooney reports that the Cubs have signed Cuban left-hander Gerardo Concepcion to a five-year, $6 million contract.
Jorge Ebro of El Nuevo Herald reported in early February that the deal was done, but it apparently took a little while to make everything final.
Concepcion, 20, was named Rookie of the Year in Cuba’s Serie Nacional last season after posting a 3.36 ERA in 101 2/3 innings. He defected from Cuba to Mexico in June and became a major league free agent in mid-January. The Cubs will probably get him started this year at a lower rung of Single-A.
UPDATE, 3:18 PM: According to beat writer Carrie Muskat of MLB.com, the deal comes with a $3 million signing bonus and the other $3 million is spread across the five-year deal.
In a mailbag published on Thursday, Patrick Saunders of the Denver Post says he has spoken with Arenado and his agent from the Wasserman Media Group. Based on that, he says the Rockies have not broached the subject of a contract extension with the All-Star third baseman.
Arenado will enter his second of four years of arbitration eligibility after earning $5 million for the 2016 season. He’s due to a hefty pay raise and will continue on that track into free agency after the 2019 season. It may behoove the Rockies to get extension talks started sooner rather than later. Saunders, however, thinks that Arenado wants to see if the Rockies become contenders in the next two seasons before signing the dotted line.
Arenado, 25, enters Thursday’s action batting .293/.361/.567 with 40 home runs, 130 RBI, and 112 runs scored in 678 plate appearances. His 40 homers is best in the National League and the 130 RBI are best in the majors. He has an argument for winning the National League Most Valauble Player Award.
Agent Scott Boras eulogized client Jose Fernandez at his funeral on Thursday. Boras couldn’t even get through the first sentence without breaking down in tears. It was difficult to watch without wanting to sob myself, but it was a touching eulogy that spoke for a lot of people who were fond of Fernandez.