ESPN reported the deal, plus Hendricks'
existing salary of $7.045 million for 2019, has a total value of
$63 million before the option year.
The option includes a $1.5 million buyout and is worth $16
million. It will only vest if Hendricks finishes in the top
three in National League Cy Young voting in 2020, per ESPN.
"I love everything about being a Chicago Cub," Hendricks said.
"I love everything about the city, about the fans and especially
about my teammates in the clubhouse. That's where my focus is
at. As much as I'll revel and be excited about this, our focus
100 percent is on Thursday and the season. That's what I told
the guys in there. I want to be with them as long as I can."
An eighth-round pick in 2011, Hendricks was acquired via trade
from the Texas Rangers in a deal that sent Ryan Dempster to
Arlington.
Hendricks was 14-11 last season with a 3.44 ERA in a career-high
199 innings and 33 starts. He is 52-33 with a 3.07 ERA in parts
of five big league seasons.
--Field Level Media
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