Cubs sign Edwin Jackson to four-year, $52 million deal

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UPDATE: Patrick Mooney of CSNChicago.com reports that it’s a done deal at four years and $52 million, with an official announcement coming once Jackson passes a physical exam.

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Late last night the Cubs were said to be the “frontrunner” for Edwin Jackson and now Buster Olney of ESPN.com reports that the two sides are closing in on a four-year, $52 million deal.

After failing to land a huge contract as a free agent last offseason Jackson opted for a one-year, $11 million deal from the Nationals, who oddly did not make him a one-year, $13.3 million qualifying offer that would have guaranteed them a first-round draft pick when he signed elsewhere. Instead the Nationals replaced him with Dan Haren for one year, $13 million and will now let Jackson walk for nothing.

Jackson’s numbers were similar to 2011, but for whatever reason he drew significantly more interest this time around. His overall production and strikeout rates have never quite matched his raw stuff, but Jackson’s started at least 30 games in six straight seasons despite being just 29 years old.

During the past three seasons he made 94 starts and threw 599 innings with a 4.10 ERA. Over that same period Anibal Sanchez–who the Cubs reportedly thought they had signed for five years and $75 million–made 95 starts and threw 587 innings with a 3.70 ERA. Given those numbers and the fact that Sanchez was helped by more pitcher-friendly environments $52 million for Jackson seems reasonable after Sanchez got $80 million from the Tigers.

Report: Pirates sign Felipe Rivero to four-year contract extension

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Ken Rosenthal of The Athletic reports that the Pirates will sign reliever Felipe Rivero to a four-year contract extension that includes two club options. The total value of the deal is believed to be $22 million and each club option is worth $10 million.

Rivero, 26, did not come to an agreement with the Pirates to avoid arbitration in his first year of eligibility ahead of last Friday’s deadline. He requested a $2.9 million salary for the 2018 season while the Pirates countered at $2.4 million. This extension will cover all four years of Rivero’s arbitration eligibility and the two club options can cover his first two years of free agency as well.

Rivero was one of baseball’s best relievers last season, finishing with 21 saves, a 1.67 ERA, and an 88/20 K/BB ratio in 75 1/3 innings. The Pirates acquired him from the Nationals along with minor leaguer Taylor Hearn ahead of the 2016 non-waiver trade deadline in the Mark Melancon deal.

Presumably, Rivero’s extension was in the works before he knew anything about the Andrew McCutchen trade. He made a couple of tweets following this afternoon’s news. In one, he used only the “facepalm” emoji. The other was a .gif of The Office character Jim Halpert yelling, “What is going on?”