Cubs add free agent RHP Tyler Chatwood on a three-year, $38 million deal
The Cubs added a starting pitcher to the mix Thursday. The Cubs announced signing right-handed pitcher Tyler Chatwood to a three-year contract.
With the addition of Chatwood, the Cubs’ 40-man roster stands at 35 players.
Tyler Chatwood, who turns 28 next week, is 40-46 with two saves, a 4.31 ERA (310 earned runs in 647 2/3 innings) and a 1.48 WHIP in 130 major league appearances, all but 17 as a starter, covering six seasons with the Los Angeles Angels (2011) and Colorado Rockies (2012-14, 2016-17). Since missing the entire 2015 campaign due to Tommy John surgery, Chatwood is tied with Stephen Strasburg for second in the National League in road ERA the last two seasons with a 2.57 mark (45 earned runs in 157 1/3 innings), trailing only Clayton Kershaw and his 2.16 ERA on the road (minimum 10 starts).
Chatwood broke into the big leagues with the Angels in 2011 before being traded to the Rockies the following offseason. He went 8-5 with a 3.15 ERA (39 earned runs in 111 1/3 innings) and a 1.42 WHIP in 20 starts for Colorado in 2013 before being limited to four starts in 2014, undergoing Tommy John surgery that year and missing the 2015 campaign.
Chatwood returned to the Rockies in 2016 and went 12-9 with a 3.87 ERA (68 earned runs in 158 innings) and a 1.37 WHIP in a career-high 27 starts, which included going 8-1 with a 1.69 ERA (15 earned runs in 80 innings) and a 1.11 WHIP in 13 starts on the road. Chatwood went 8-15 with one save, a 4.69 ERA (77 earned runs 147 2/3 innings) and a 1.44 WHIP in 33 appearances, 25 as a starter, with the Rockies last season.
Overall since joining the Rockies in 2012, Chatwood turned in a 3.18 ERA (89 earned runs in 251 2/3 innings) in 50 outings (44 starts) on the road and posted a 5.17 ERA (146 earned runs in 254 innings) in 53 outings (44 starts) at Coors Field.
Chatwood was originally selected by the Angels in the second round of the 2008 Draft.
According to Jon Heyman, Tyler Chatwood will have base salaries of $12.5 million (2018), $12.5 million (2019) and $13 million (2020) over the next three years. Chatwood’s contract includes incentive bonuses and trade provisions.
Chatwood will receive $500,000 each time if he’s traded. His salary jumps from $13 million to $15 million in 2020 if he is an All-Star in 2018 and 2019 or if he receives one Cy Young vote in 2018 or 2019. Chatwood’s salary can also increase to $17 million in 2020 if he gets one Cy Young vote in 2018 and 2019.