Cubs sign Anthony Rizzo to seven-year extension

20 Comments

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: White Sox acquire Yonder Alonso from Indians

Yonder Alonso
Getty Images
Leave a comment

The White Sox have reportedly picked up first baseman Yonder Alonso from the Indians, according to Stadium. The return for Alonso is expected to be nothing more flashy than a “fringe prospect,” though the minutiae of the deal is still pending a formal announcement from both teams.

Alonso, 31, inked a two-year deal with the Indians during the 2017 offseason. His first campaign with the club yielded a modest .250/.317/.421 batting line, 23 home runs, .738 OPS and 0.7 fWAR in 574 PA. The real boon for the White Sox may not be a passable veteran bat, however, but something more intangible — like Alonso’s clout with his brother-in-law and highly-coveted free agent slugger, Manny Machado.

While Alonso’s 2018 output represented a significant decline from the career-best numbers he posted in 2017, he’s still a solid contributor at the plate and, more importantly, slated to remain under team control for the next two years with just $8 million owed in 2019 and a $9 million option in 2020. As MLB.com’s Anthony Castrovince notes, the $17 million the Indians just erased from their payroll should give them enough room to accommodate the contracts for right-handers Trevor Bauer and Corey Kluber — a bonus regardless of what they happen to get in the trade.