The Professor now has tenure.
The Cubs today agreed to a four-year, $55.5 million deal with right-handed pitcher Kyle Hendricks. The deal also has a vesting option for a fifth season. The deal will keep the 29-year-old right-hander in Cubs pinstripes through at least the 2024 season.
Ken Rosenthal, as per usual, has the details.
Breakdown on Hendricks, per source.
2019: $7.405M.
2020: $12M.
2021: $14M.
2022: $14M.
2023: $14M.
2024: $16M vesting option or $1.5M buyout.
Option vests based on Cy finish in 2020. NOT a club option.