Cubs Agree to a Seven-Year, $41 Million Contract with Anthony Rizzo

According to a report from Ken Rosenthal, the Cubs have reached agreement on a seven-year, $41 million contract with Anthony Rizzo that would run through the 2019 season. Rosenthal’s sources indicated that the deal includes two club options and escalators that could extend the contract until 2021 and bring the total value to $73 million.

Updated 9:22pm CDTThe Sun-Times, Tribune and ESPN 1000 have confirmed Ken Rosenthal’s Report. The Cubs have signed Anthony Rizzo to a seven-year, $41 million contract that includes two club options. The deal does not include a no-trade clause according to Jon Heyman.

The new contract would include an immediate increase for his 2013 season. Rizzo is currently making just over the big league minimum for this season, $498,000. The contract would cover all four of his arbitration years and his first year of free agency.

The Cubs locked up Starlin Castro to a seven-year, $60 million deal last August and would like to sign Jeff Samardzija to a long-term contract.

According to Ken Rosenthal, the Cubs are possibly looking to sign Matt Garza to a long-term extension as well.

No further details of the deal have been released. The Cubs current front office does not hand out no-trade clauses.

After a slow start to the season, Anthony Rizzo is hitting .280/.352/.538 in 37 games that includes 10 doubles, nine home runs, a .891 OPS and 28 RBI. This is a good move for the Chicago Cubs and for Anthony Rizzo. They now have cost certainty on two players they feel are part of the core moving forward.

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  • Tony_Hall

    This is a great move. Wrapping up such a key player and getting option years to buy out more of his would be free agency years. All for $41M guaranteed over 7 seasons. Couple less years than Pujols or Fielder received for around $200M less dollars.

    • jtrain23

      I’m pretty sure that JUST Pujols’s bum foot cost more than Rizzo’s entire extension, by the way…

    • http://theboardridersuite.wordpress.com/ Theboardrider

      Happy to see. Love the proaction with both Castro and Rizzo. Reminds me of early 90’s Indians.

  • Vivid_Reality

    I thought this deal looked good before I realized Rizzo was going to be super 2. Its hard not to classify it a steal for Chicago. Good for Rizzo too, he is going to give the Cubs more flexibility to add players down the line and field a winning ballclub.

  • http://www.facebook.com/people/Richard-Hood/100000706523521 Richard Hood

    This just proves that this Front Office pays attention to the Tea leaves. When Goldsmith signed his extension it was a definite sign that Rizzo needs to signed now. We now have two of our long term assets to team friendly, long term contracts. That is a good thing moving forward. Good job on this one.

    • Ray Ray

      Goldschmidt deal definately helped. He signed a deal less than Rizzo and his numbers have been better thus far.

  • RMercer69

    Has anybody added up the stats combined we are getting out of third base with Ransom and Valbuena? That combo has to have the best or close to best in bigs at 3rd base. High avg, 8 hrs, 18rbi’s, high obp(19bb), high ops…it would be interesting to have exact totals.

    • paulcatanese

      Saw it posted a couple of days ago, and it was great. I would say go back (no more than a few days) and it can found.

    • 07GreyDigger

      Here’s what I have.

      .298/.380/.561 with 7 HRs, 17 RBIs and 1 SB. Not bad at all. Who would have thought?

      • RMercer69

        I actually got bored and figured, they are better than you numbers actually.
        .304/.464/.568 w/ 8 hr 18 rbi…AND a 1.032 OPS

  • paulcatanese

    Pretty smart move by the Cubs. If they had waited even until the end of the year it would have cost them much more. They made a steal here.

  • WidespreadHisPanic

    Cool!

  • triple

    This is really great news! I really do hope that RIzzo and Castro are here to stay for a long time, but I do love the flexibility that both these contracts leave the Cubs with in the future, depending on what their needs and strengths are way down the road…

  • Ripsnorter1

    And speaking of Castro….

    Why doesn’t Sveum bat him leadoff? DUH!

    He’s a lifetime .320 leadoff hitter in 352 PA.

    Instead Sveum bats DeJesus leadoff, who works the count better, but who hits .270 against RHP, who can’t run, and who would make a better #2 hitter.

    I don’t get it.

    • Ray Ray

      I posted his numbers at leadoff a couple of days ago. Castro should definately bat leadoff against LHP.

    • 07GreyDigger

      Average is one thing, but I think its based on where they want Castro to end up. I know that they believe that he has the potential to hit for power and drive in runs, so if you have a guy like DeJesus who has a career OBP of .355 and Castro bats second, he can drive him in.

      • Ripsnorter1

        Yeah, but I prefer DeJesus taking pitches with Castro on base, so that Castro might put more pressure on the pitcher/catcher with possible stolen base attempts.

        • 07GreyDigger

          That’s a good point, but Castro has been average in that department with only a 65% success rate. Last season he led the NL with 13 CS. Not the mark of a guy who can wreak havoc on the basepaths.

          • Ripsnorter1

            You speak the truth.

            But Castro is better than DeJesus at SB as well. And what is Dave McKay doing for Castro?

  • Thomas Doughty

    Do you guys think Rizzo can be the next D Lee for us when D Lee first got here if he works on his defense this off season?

    • 07GreyDigger

      Hope so. I think he can be better especially if he stays healthy and stays on the field, something D Lee had some trouble with.