Cubs Sign Rizzo To Long Term Deal
As the Chicago Cubs continue to build towards the future, they have successfully locked down one of their young stars to a long term deal. The club has announced that they have agreed to a contract extension with first-basemen Anthony Rizzo. The 23-year-old Rizzo is currently leading the Cubs in homeruns (9), batting average (.280) and runs batted in (28). Take a look at some further details on the contract below.
The Cubs have reached agreement with Rizzo on a seven-year, $41 million contract through 2019, according to major-league sources. The deal also includes two $14.5 million club options, sources said. Thus, the total value over nine years could be $68 million; Rizzo would not receive a $2 million buyout if both options are exercised. Escalators could further increase the size of the package to $73 million, sources said.
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