As expected, Carlos Marmol agreed to terms on a three-year deal on Monday. The Cubs and Marmol avoided arbitration with a deal believed to be in the $20 million range. Marmol’s new three-year contract buys out his last two years of arbitration eligibility and his first year of free agency.
Marmol’s new contract is expected to be announced on Monday.
Updated 1:33pm C.T.- According to multiple reports, Marmol’s deal is believed to be worth $20 million for three years.
Updated 1:55pm C.T. – Marmol’s contract includes a limited no-trade clause and is backloaded. Marmol will earn $3.2 million in 2011, $7 million in 2012 and $9.8 million in 2013. Total value, $20 million. Carlos Marmol is in the second year of arbitration eligibility. Marmol submitted a $5.65 million figure for 2011 and the Cubs countered with $4.1 million. Marmol earned $2.125 million last year and he earned an additional $100,000 for finishing 70 games ($50,000 for finishing 55 games and $50,000 for finishing 60 games).
Marmol posted a 2-3 record with a 2.55 ERA and a 1.19 WHIP in 2010 with an unbelievable 138 strikeouts in 77 2/3 innings. Marmol set a record by averaging 16 strikeouts per nine innings.
In his first full season as the Cubs closer, Marmol pitched in 77 games (finished 70) and notched 38 saves (38-for-43 in save opportunities).
Carlos Marmol has arguably been the best reliever for the Cubs the last three seasons … with Sean Marshall coming in a close second last year. Marmol has dominating stuff and when his slider is on, he is unhittable. Marmol must work on his consistency, cut down his walks (52 in 77 2/3) and hit batsmen (eight in 2010, 12 in 2009).