"Jed Hoyer has been given a bigger budget than in the recent past, as evidenced by luring Alex Bregman with a five-year, $175 million deal that stands as the largest in club history in terms of average annual value."
"The deal does not include a no-trade clause and lacks a club option, which is something you almost always see when young players are extended earlier in their careers."
"Base salary in 2031 increases by $2M for each MVP in 27-30; $1M for 2nd or 3rd place; $750K for 4th or 5th; $500K for 6th-10th."
The Cubs have signed Pete Crow-Armstrong to a major extension, reflecting a commitment to playoff contention. The deal includes a $5 million signing bonus and escalates to $30 million by 2032. This contract lacks a club option, which is unusual for early extensions. The Cubs have also made significant investments in players like Alex Bregman and Dansby Swanson, indicating a larger budget for the upcoming season. The financial structure includes performance incentives based on MVP placements, showcasing a strategic approach to player contracts.
Read at Cubsinsider
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