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White Sox reach five-year, $65M extension with John Danks

Dec 21, 2011, 9:27 PM EDT

john danks ap AP

Cancel the fire sale in Chicago.

According to CBS Sports’ Jon Heyman, the White Sox have agreed to a five-year, $65 million contact extension with left-handed starter John Danks. The deal will be made official soon after Christmas.

After the White Sox traded closer Sergio Santos and his team-friendly three-year, $8.25 million contract to the Blue Jays earlier this month for pitching prospect Nestor Molina, most suspected that the club would begin unloading other valuable players as part of a major rebuilding effort. But that apparently isn’t the case.

Danks, 26, has posted a 4.03 ERA in five MLB seasons, averaging 208 innings per year since debuting in 2007. He had been drawing trade interest from multiple teams, including the Yankees and Red Sox.

For more on the extension, check with our friends at CSNChicago.com’s WhiteSoxTalk.

  1. phillyphreak - Dec 21, 2011 at 9:38 PM

    Oh this totally clears up the White Sox plans for the near future…..

  2. aaronzona2011 - Dec 21, 2011 at 9:51 PM

    did he ever fix those circulation problems he was having?

  3. Kyle - Dec 21, 2011 at 9:52 PM

    Seems rather fair, although the years make it a bit risky for the Sox. What the heck are they up to over there?

    • baseballisboring - Dec 21, 2011 at 10:16 PM

      This

  4. dondada10 - Dec 21, 2011 at 10:22 PM

    Kenny Williams strikes again!

  5. lembeck4 - Dec 21, 2011 at 10:26 PM

    fyi, it appears the “some fan” Heyman referred to as having it first was @k0na on twitter.

  6. gregwanson - Dec 21, 2011 at 10:41 PM

    Two possibilities that still keep rebuilding in play:

    (1) Williams is assuming the White Sox’ rebuilding phase will be complete and they’ll be competitive again in one or two seasons, meaning Danks will be locked up at 13 per for 3 or 4 more years at that point.

    (2) Depending on a potential no-trade clause (or, really, the lack thereof), Williams thinks Danks will be a more valuable trade chip in the near future while attached to a reasonable contract over the next five years.

    That’s my initial reaction, at least.

    • spudchukar - Dec 21, 2011 at 11:53 PM

      Yeah, Greg, my first thought was, ‘no trade clause’? A sign and trade is rare in MLB, but since it is NY and Boston that are particularly interested, makes one wonder. If I am Danks (and agent) I would insist on one. No sense tying up your hands if you could still be dealt to the free-spending AL East reapers.

      • gregwanson - Dec 22, 2011 at 8:45 AM

        Exactly. I don’t think Williams would trade Danks before this season because, like you said, sign and trades are so rare in baseball. But if Chicago is competitive in a year or two, great, keep Danks. And if they’re still rebuilding, then trade him and his 3 or 4 more years for more prospects to help with the rebuild.

      • JBerardi - Dec 22, 2011 at 12:58 PM

        How on earth is Chicago going to be good in a year or two? What do they have to build on? Trade Danks now while his value is high.

      • gjswanson - Dec 22, 2011 at 2:50 PM

        The AL Central is a perpetually winnable division. A team that would play .500 ball in the AL East would run away with the Central in the average season.

  7. buffalomafia - Dec 22, 2011 at 8:47 AM

    Is he really worth all thst money?

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