Chicago Cubs v Miami Marlins

Cubs sign Anthony Rizzo to seven-year extension

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The Cubs have agreed to a seven-year, $41 million contract extension with first baseman Anthony Rizzo. The deal runs from 2013-19, reports Ken Rosenthal of FOX Sports. Rizzo, 23 years old, has been his club’s most reliable hitter, entering this afternoon’s game against the Nationals with a .288/.361/.554 line, including nine home runs.

Rizzo was a sixth-round pick by the Red Sox in the 2007 draft. He went to the Padres in the trade that sent Adrian Gonzalez to Boston. The Padres sent him to the Cubs to acquire Andrew Cashner.

Rosenthal provides more details on the contract:

The deal also includes two club options and escalators that could extend the deal to 2021 and bring the total value of the package to $73 million, sources said.

Rizzo, who has just over a year of major-league service, is earning $498,000 season. His new deal will include an immediate increase for 2013 while covering all four of his arbitration years – Rizzo was on track for Super Two status – and his first free-agent year.

The deal provides the Cubs cost certainty with an up-and-coming first baseman. Rizzo would not have been arbitration eligible until after the 2015 season and he would not have been eligible for free agency until after the 2018 season, as Charlie Wilmoth of MLB Trade Rumors notes.

Report: Tim Lincecum is not ready for retirement

ANAHEIM, CA - JULY 29:  Tim Lincecum #55 of the Los Angeles Angels during the second inning of the game against the Boston Red Sox at Angel Stadium of Anaheim on July 29, 2016 in Anaheim, California.  (Photo by Jayne Kamin-Oncea/Getty Images)
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Free agent right-hander Tim Lincecum isn’t ready to hang up his cleats just yet. At least, that’s the word from Lincecum’s agent, Rick Thurman, who says the 32-year-old is still “throwing and getting ready for the season” (via Andrew Baggarly of the San Jose Mercury News).

Lincecum may not be ready to enter retirement, but another quote from Thurman suggests that he’ll be picky about where he pitches next. He doesn’t appear open to pitching overseas, and despite not having a contract for 2017 (or even any serious suitors), the right-hander is set on pitching in the big leagues this year. Whether or not he’s willing to take a bullpen role to do so remains to be seen.

While Baggarly predicts some interest in the veteran righty, there’s not much in Lincecum’s recent history to inspire faith in him as a starter, or even a reliever. He picked up a one-year, $2.5 million contract with the Angels following his hip surgery in 2015, and went 2-6 in 2016 with a 9.16 ERA, 5.4 BB/9 and 7.5 SO/9 over 38 1/3 innings. At this point, a minor league contract seems like the surest path back to major league success, though he’s unlikely to find an open spot on the Giants’ or Angels’ rosters anytime soon.

Report: Jeff Manship signs with NC Dinos

CLEVELAND, OH - NOVEMBER 01:  Jeff Manship #53 of the Cleveland Indians throws a pitch during the sixth inning against the Chicago Cubs in Game Six of the 2016 World Series at Progressive Field on November 1, 2016 in Cleveland, Ohio.  (Photo by Elsa/Getty Images)
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Free agent right-hander Jeff Manship has reportedly signed with the NC Dinos of the Korea Baseball Organization, according to FanRag Sports’ Jon Heyman. The righty was non-tendered by the Indians in December.

Manship, 32, completed his second season with Cleveland in 2016. He delivered a 3.12 ERA, 4.6 BB/9 and 7.5 SO/9 rate over 43 1/3 innings, a slight decline after posting an 0.92 ERA with the club the year before. During eight years in the major leagues, Manship carries a 4.82 career ERA, 3.6 BB/9 and 6.4 SO/9 in multiple stints with the Twins, Rockies, Phillies and Indians.

The right-hander will be joined by fellow MLB transplants Eric Hacker and Xavier Scruggs, each of whom took one-year deals with the Dinos last month. Steve Adams of MLB Trade Rumors notes that each KBO team is allowed up to three foreign players, so Manship will round out the trio when he joins the roster. Any salary terms have yet to be disclosed.