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Chicago Cubs Online > News and Transactions > Details on Anthony Rizzo’s Seven-Year Contract Extension

Details on Anthony Rizzo’s Seven-Year Contract Extension

May 13, 2013 10:44 am By Neil 41 Comments

Jon Heyman uncovered the breakdown on Anthony Rizzo’s seven-year, $41 million contract extension. Rizzo’s contract includes a $2 million signing bonus and an increase on his salary for this season (2013) from $498,000 to $750,000.

Keeping in line with the new club policy, Rizzo’s contract does not include a no-trade clause. The contract includes two club options for the 2020 and 2021 seasons worth $14.5 million.

Here is the breakdown of Anthony Rizzo’s seven-year contract as reported by Jon Heyman:

  • $2 million signing bonus
  • 2013 – $750,000
  • 2014 – $1.25 million
  • 2015 – $5 million
  • 2016 – $5 million
  • 2017 – $7 million
  • 2018 – $7 million
  • 2019 – $11 million

Club Options for 2020 and 2021 that includes a $2 million buyout if the options are not exercised

  • 2020 – $14.5 million
  • 2021 – $14.5 million

Reports on Sunday night indicated Rizzo’s contract also includes an incentives package, but those details have not been released.

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Filed Under: News and Transactions Tagged With: Anthony Rizzo

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