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Tuesday, March 26, 2019

Cubs sign Kyle Hendricks to four-year extension, team option for 5th year

Hendricks extension with #Cubs is four years, $55.595M, according to a source. Includes club option for fifth season as well.

Red Voodooin Posted: March 26, 2019 at 01:57 PM | 27 comment(s) Login to Bookmark
  Tags: contract extensions, cubs, free agency

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   1. Zonk is Back Where He Came From Posted: March 26, 2019 at 02:34 PM (#5825500)
Signs... signs.... everywhere a sign.

Locking up the machinery like a mastermind.
   2. Meatwad Posted: March 26, 2019 at 02:49 PM (#5825506)
Get Kris and Javy next if possible. The others can wait a year if they do well.
   3. Misirlou doesn't live in the restaurant Posted: March 26, 2019 at 03:27 PM (#5825520)
Bryant's a Boras guy, so probably no.
   4. Spahn Insane Posted: March 26, 2019 at 04:25 PM (#5825548)
**fistpump**

As the world's biggest Hendricks fanboy (I'm happy to say I was a lot more right about his potential than the scouting consensus after the Cubs traded for him), my bias is known, but this is great news.
   5. Walt Davis Posted: March 26, 2019 at 04:32 PM (#5825551)
4/$56 (excuse me, 55.595) for 2020 (final arb) plus 3 FA years. That seems a very large bargain -- give or take, 3/$45 for the three FA years. He's been incredibly cheap in arb too -- 9 WAR across 2016-17 and he settled for just $4.2 last year, another 3.5 WAR last year and a raise to just $7.4 for this year.

Anyway, as a fan I'm very happy he's staying and think this is a bargain. As with any pitcher, it could go belly-up on the next pitch and maybe it's even more likely for a peripherals-denying guy like Hendricks, but he's only being paid like a run-of-the-mill starter.

On further Cub offseason comment ... once again Theo jumped earlier in exercising Hamels' option. I was supportive at the time. But like last offseason with Chatwood (I was more agnostic), it looks like he should have been more patient. Gio Gonzalez ended up taking a minor-league deal and while I suspect Hamels will have the better season, I'm not so sure it will be $15+ M better (I assume Gio has some incentive-laden deal once he joins a roster). Gio and $15 M spent elsewhere on the roster would very likely have been better.
   6. Spahn Insane Posted: March 26, 2019 at 04:37 PM (#5825558)
On further Cub offseason comment ... once again Theo jumped earlier in exercising Hamels' option. I was supportive at the time. But like last offseason with Chatwood (I was more agnostic), it looks like he should have been more patient. Gio Gonzalez ended up taking a minor-league deal and while I suspect Hamels will have the better season, I'm not so sure it will be $15+ M better (I assume Gio has some incentive-laden deal once he joins a roster). Gio and $15 M spent elsewhere on the roster would very likely have been better.

Eh. You might be right on the merits, but man...Gonzalez is one of those guys I find irritating to watch even when I'm not rooting for his team. It's not entirely rational, but neither is sports fandom generally....

   7. What did Billy Ripken have against ElRoy Face? Posted: March 26, 2019 at 04:57 PM (#5825568)
I assume Gio has some incentive-laden deal once he joins a roster
His deal has a per-start incentive that, if I recall correctly, would end up paying him something like $12M if he ends up in the rotation for pretty much the whole year, so Hamels isn't that much more expensive than Gio if the latter has any kind of decent year.
   8. The Duke Posted: March 26, 2019 at 08:14 PM (#5825603)
Cubs have a lot of money tied up in the rotation
   9. Moses Taylor, aka Hambone Fakenameington Posted: March 26, 2019 at 09:01 PM (#5825612)
And? Hamels is a FA after this year, Lester/Quintana/Chatwood next year. This is a fantastic deal, they should have signed it even if all those guys were around for 4 more years.
   10. Meatwad Posted: March 27, 2019 at 12:50 AM (#5825642)
I am thrilled they managed to lock Kyle in. He has been one of the best cubs startes since. He may not have the flash or a thor etc. But he is very effective. And if any pitcher manages to survive loss of velocity I expect kyle to handle it.
   11. Walt Davis Posted: March 27, 2019 at 07:57 AM (#5825655)
if I recall correctly, would end up paying him something like $12M

If that's correct then I agree I'd rather have Hamels (who really costs about $14 when you count our savings on Smyly). I'll be back whining in July if Smyly outpitches Hamels. :-)
   12. . . . . . . Posted: March 27, 2019 at 09:55 AM (#5825680)
A small price to pay for a pitcher with the still North in his heart and granite in his muscles.
   13. Zonk is Back Where He Came From Posted: March 27, 2019 at 11:19 AM (#5825701)
I will say -

I'm surprised Hendricks signed this extension. I mean - 55 mil in the bank is no small thing, but Hendricks is basically locking out his prime Big Payday years.

He's got a better track record than a guy like say.... Alex Cobb - and Cobb got a better AAV entering the FA market at nominally the same age (-1 year, I think).

If I were him, I think I'd have waited.... but hey - as both a Cubs fan and a fan of his (I'll have to steal my #1 fanboy T-shirt back from Spahnie later), I'm certainly glad he went for it.
   14. What did Billy Ripken have against ElRoy Face? Posted: March 27, 2019 at 11:34 AM (#5825707)
I'm surprised Hendricks signed this extension. I mean - 55 mil in the bank is no small thing, but Hendricks is basically locking out his prime Big Payday years.

He's got a better track record than a guy like say.... Alex Cobb - and Cobb got a better AAV entering the FA market at nominally the same age (-1 year, I think).

If I were him, I think I'd have waited
I think the Cobb comparison is illustrative of why he signed it, and why it made perfect sense for him to do so. Cobb had to wait until March 21 to sign, and then with the Orioles. His AAV was $14.25M; Kyle's is $13.89M. Hendricks does have a better track record than pre-2018 Cobb, but it's actually not that much better (2018 Cobb did a pretty good job of erasing memories of Pretty Damn Good Cobb). With that minimal of a $ difference, I can totally see Hendricks not wanting to risk an uncertain FA market and maybe ending up with a crap team.
   15. PreservedFish Posted: March 27, 2019 at 11:49 AM (#5825713)
Hendrick's career ERA is barely 3.00 - I'm surprised he didn't think he could get Samardzjia or Zimmerman money, $100 million. Patrick Corbin just got $140M. This is less overall money than Eovaldi signed for, or Mike Leake, pitchers that Hendricks has always been emphatically better than. He signed for Danny Duffy money ... and Duffy hadn't ever even started more than 25 games when he signed his contract.

Perhaps all concerned think that Hendricks' low-velocity approach will age poorly.
   16. Zonk is Back Where He Came From Posted: March 27, 2019 at 11:59 AM (#5825716)
Oh sure - but Hendricks has a far better health record and history than Cobb (and Hendricks actually IS/has been better).

Again, I'm certainly not complaining.... seems like a great bargain to me. Which, of course, means he'll get in a bar fight with a stripper, shave his head, and start walking the world or something. Sorry about that.
   17. Spahn Insane Posted: March 27, 2019 at 12:47 PM (#5825729)
I'll have to steal my #1 fanboy T-shirt back from Spahnie later

Don't make me go all Zell Miller on you.

Seriously, I was banging the Hendricks drum from about a year after the Cubs traded him, once he'd established a pattern of dominating every level he pitched at, even though the scouting community didn't seem that excited about him. The consensus view was "solid back of the rotation guy;" my view was "consistent #3, with at least a couple years where he's better than that." He's been even better than I expected.

Plus his entire approach is such an anomaly in today's game--he's almost a deadball-style pitcher. He's fun as hell to watch when he's got 3+ of his 5 changeups working.
   18. Zonk is Back Where He Came From Posted: March 27, 2019 at 01:10 PM (#5825736)
Older items from the index appear hopelessly messed up - I cannot even find the original trade thread...

This is the oldest I can find...

It should be pointed out, too -- the wheels never came off Kyle Hendricks.

He wasn't lighting up the prospect lists -- but there were plenty of people who had him on their sleeper lists.

Yeah - he outpitched his FIP, but 3.32 is still pretty darn good even if it's not quite up to the ERA+ of 155 he posted over 14 starts. The fact is that the guy doesn't give up homers and he doesn't walk people. I don't care that his K/9 is only 5.3 -- give up less than half a homer per 9 and keep your walk rate well under 2 per 9 -- his stuff may be just 'average', but he knows how to use it and he knows how to pitch.

14 starts is more than the enough time for the league to get up to snuff on how to go after him -- and they didn't. The Reds saw him twice - and in his second to last start of the year, they still managed just one run off him over 7 innings.

Hendricks is a keeper.


Ignore the stuff I said about Alcantara... that was somebody stealing my login. That guy sucked.
   19. Spahn Insane Posted: March 27, 2019 at 02:01 PM (#5825754)
Well, great minds think alike.
   20. . . . . . . Posted: March 27, 2019 at 03:47 PM (#5825832)
I'm surprised Hendricks signed this extension. I mean - 55 mil in the bank is no small thing, but Hendricks is basically locking out his prime Big Payday years.


Hendricks is a legitimately bright guy - econ major who graduated with honors. I wouldn't be surprised if he has a second career in finance when he's done pitching.
   21. Zonk is Back Where He Came From Posted: March 27, 2019 at 04:38 PM (#5825860)
Hendricks is a legitimately bright guy - econ major who graduated with honors. I wouldn't be surprised if he has a second career in finance when he's done pitching.


Oh sure - Ivy Leaguer even (can a non-Ivy make a "yeah, but it's Dartmouth" joke?).

Entire possible - maybe even probable - that he figures taking the 55m guaranteed now and he can make up the difference himself. I doubt he's going to be investing his cousin's car wash/recording studio/laser tag center. Unlike 99% of pro athletes - he's probably even smart enough to leverage the total contract value as soon as the ink is dry.

   22. Walt Davis Posted: March 27, 2019 at 04:45 PM (#5825866)
Old Gonfalon thread Ipage 2)

Apparently the Dodgers rejected Dempster for Allen Webster. Supposedly the Braves were offering Delgado but Dempster may have rejected it (or at least didn't approve it in time). But then when the trade happens ... crickets. The next day (page 3) Zonk faintly praises Hendricks and Vizcaino as the Cubs' top 2 SP prospects.

But I do recall some folks thinking Hendricks was a nice pickup in that trade. Certainly worked out better than Webster and Delgado.
   23. What did Billy Ripken have against ElRoy Face? Posted: March 27, 2019 at 04:52 PM (#5825870)
his cousin's car wash/recording studio/laser tag center.
Could you put me in touch with this person please?
   24. Misirlou doesn't live in the restaurant Posted: March 27, 2019 at 04:55 PM (#5825872)
Oh sure - Ivy Leaguer even (can a non-Ivy make a "yeah, but it's Dartmouth" joke?).


I thought Penn was the Dartmouth of the Ivy League.
   25. Zonk is Back Where He Came From Posted: March 27, 2019 at 05:07 PM (#5825879)
Gee, thanks Walt... I'm not sure what's more depressing.... The seedlings of my Julio Teheran mancrush or my stalkerish inability to accept that Volstad sucks!

   26. Zonk is Back Where He Came From Posted: March 27, 2019 at 05:08 PM (#5825882)
BTW - I think Allen Webster pitched in the Cubs system last year, IIRC. So, you know - full circle!
   27. Zonk is Back Where He Came From Posted: March 27, 2019 at 05:14 PM (#5825883)
The next day (page 3) Zonk faintly praises Hendricks and Vizcaino as the Cubs' top 2 SP prospects.


So I win a prize! I also need to go back and do the "on this date" comparison between Zambrano and Volstad. It's awfully close - and it's something like a matter of 'Volstad wins! -0.7 WAR to -0.8!'.

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