The Chicago Cubs have signed their All-Star shortstop to a seven-year, $60-million contract extension with a team option for an eighth year.
Cubs Confirm Starlin Castro Extension
The deal reportedly includes a $6 million signing bonus with salaries of $5 million for 2013 and 2014; $6 million in 2015; $7 million in 2016; $9 million in 2017; $10 million in 2018; and $11 million in 2019. There also is a reported club option for 2020 of $16 million, or a $1 million buyout.Castro, 22, has been with the Cubs since 2010 and has been named to the All-Star team for two consecutive years. Although he’s having a difficult summer, with a relatively disappointing batting line of .276/.311/.418 after an outstanding sophomore campaign, Castro remains one of the key building blocks of the franchise. Plus-hitting shortstops don’t come around too often, and you’d have to imagine that Theo Epstein’s only too happy to have him locked up for most of the rest of the decade.
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Read Article >Has Starlin Castro Earned $60 Million Yet?
Cubs President Theo Epstein also confirmed that a deal’s being discussed, but hasn’t been finalized.
Sure sounds a lot like something’s going to get done soon, though. And not a little something. A big something: a seven-year, ~$60-million deal that would lock up the Cubs’ young shortstop through 2019.
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