5/12 Rizzo gets 7-year, $41 million deal
The Cubs locked up another one of their core players on Sunday. Sources confirmed the Cubs have signed first baseman Anthony Rizzo to a seven-year, $41 million contract extension with two club options worth $14.5 million each. The deal includes escalators which could increase the total value of the contract to $73 million.
Fox Sports’ Ken Rosenthal was the first to report the deal, which does not include a no-trade clause. Rosenthal reports the contract will override Rizzo’s existing 2013 deal, and is essentially a six-year extension. As a “Super Two” player, Rizzo, 23, would have been eligible for arbitration after the 2014 season. The deal will effectively buy out one year prior to qualifying for arbitration plus four arbitration years and two years of free agency eligibility.
Last August, the Cubs gave shortstop Starlin Castro a seven-year, $60 million contract. Rizzo and Castro are key pieces which Theo Epstein and GM Jed Hoyer hope to build around. The Rizzo extension ensures the Cubs can keep him under control through 2021.
Rizzo was batting .280 with nine home runs and 28 RBIs. He was tied for second in the NL and fifth in the Majors with 19 extra-base hits. In his last 16 games, Rizzo was batting .452 with eight doubles, three home runs, and 14 RBIs; he opened the season hitting .173 in his first 21 games.
Promoted from the big leagues last June 26, Rizzo was inserted into the No. 3 spot in the Cubs lineup, and showed he was worthy, batting .330 with seven home runs and 17 RBIs in July to win NL Player of the Month honors. He does not have a full season yet with the Cubs, and has played 172 games total in the Majors.
– Carrie Muskat