Jake Arrieta and the Cubs recently discussed a mega contract extension.
Jon Heyman reported late Monday night that the Cubs and Jake Arrieta “had mega extension talks that ended pretty quickly over a decent-sized gap over the length of the deal.”
Arrieta avoided arbitration last month on a $10.7 million contract for the 2016 season. Reports at the time suggested the two sides discussed an extension before eventually agreeing to terms on the one-year contract.
Heyman explained Arrieta was believed to be interested in a seven-year extension. Arrieta used Felix Hernandez (seven years, $175 million), Justin Verlander (seven years, $180 million), Max Scherzer (seven years, $210 million), David Price (seven years, $217 million) and Clayton Kershaw (seven years, $215 million) as comps for his proposal.
Arrieta is under club control for two more seasons. Arrieta is not a free agent until after the 2017 season. According to Heyman, the Cubs wouldn’t get close to a seven-year extension with Arrieta.
The Cubs “love Arrieta” according to Heyman’s sources and will try again to work out an extension with him. Arrieta turned 30 on March 6.
Jake Arrieta is coming off an incredible season that resulted in the NL Cy Young Award.
Arrieta was 22-6 in 33 starts last season with a 1.77 ERA, 0.86 WHIP and 2.35 FIP. Arrieta allowed 52 runs, 45 earned, on 150 hits with 48 walks and 236 strikeouts in 229 innings.
Arrieta pitched the first no-hitter of his career during an historic second half of the season. Arrieta was 12-1 in 15 starts with a 0.75 ERA and 0.72 WHIP. After the break, Arrieta allowed 12 runs, nine earned, on 55 hits with 23 walks and 113 strikeouts in 107 1/3 innings.
Over the last three seasons with the Cubs, Arrieta is 36-13 with a 2.26 ERA, 0.94 WHIP and 2.62 FIP. Arrieta has allowed 120 runs, 110 earned, on 298 hits with 113 walks and 440 strikeouts in 437 1/3 innings. And at Wrigley Field, Arrieta is 18-7 in 33 starts with a 2.01 ERA and 0.86 WHIP.
Arrieta is scheduled to make his first start of the spring on Wednesday at Sloan Park against Corey Kluber and the Indians.
Joe Maddon made it official last week that Jake Arrieta will get the ball on Opening Night in Anaheim.
Updated 9:33am CST – Jake Arrieta confirmed to Mark Gonzales and Bruce Levine that he’s had conversations with the Cubs about a long-term contract extension. Levine’s source indicated those talks “go back to last fall and winter.”
Updated 10:15am CST – Jake Arrieta talked to the beat writers Tuesday morning. Arrieta has talked to Theo Epstein directly about a long-term extension that would keep him with the Cubs. He is not just leaving the negotiations to Scott Boras. Arrieta wants to stay with the Cubs, but for longer than the front office is thinking and he has to be the right deal. Arrieta would like a six- or seven-year extension “and that’s it.” Arrieta does not want to his contract be a distraction to the team.