Nestor Molina

White Sox reach five-year, $65M extension with John Danks

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Cancel the fire sale in Chicago.

According to CBS Sports’ Jon Heyman, the White Sox have agreed to a five-year, $65 million contact extension with left-handed starter John Danks. The deal will be made official soon after Christmas.

After the White Sox traded closer Sergio Santos and his team-friendly three-year, $8.25 million contract to the Blue Jays earlier this month for pitching prospect Nestor Molina, most suspected that the club would begin unloading other valuable players as part of a major rebuilding effort. But that apparently isn’t the case.

Danks, 26, has posted a 4.03 ERA in five MLB seasons, averaging 208 innings per year since debuting in 2007. He had been drawing trade interest from multiple teams, including the Yankees and Red Sox.

For more on the extension, check with our friends at CSNChicago.com’s WhiteSoxTalk.