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Report: Cubs and Starlin Castro agree to seven-year, $60 million extension

Aug 18, 2012, 3:22 PM EDT

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UPDATE: David Kaplan of CSNChicago.com hears that the deal is very close, but isn’t finalized yet.

3:22 PM: We’ve heard reports over the past couple of days that the Cubs and Starlin Castro were close to agreeing on a long-term contract extension. The deal is now in place.

According to Enrique Rojas of ESPNDeportes.com, the Cubs and Castro have agreed to a seven-year, $60 million extension with a $16 million club option for 2020.

Castro was projected to qualify for arbitration this winter as a Super Two player, so the deal covers all four years of arbitration eligibility and three years of free agency. He will be signed through his age-29 season.

Castro, 22, entered play this afternoon with a .297/.333/.422 batting line over his first three seasons in the big leagues. He continues to have his share of mental errors and his plate discipline, fielding and baserunning all have room for improvement, but Theo Epstein and company have sent a clear message that they consider their young shortstop an important building block.

  1. dondada10 - Aug 18, 2012 at 3:38 PM

    Should’ve gone year by year.

  2. brewcrewfan54 - Aug 18, 2012 at 3:45 PM

    The guy almost got benched by the manager because he doesn’t have his head in the game several times this year and they reward him with a large contract. I don’t get it. They could wait until next year around this same time to do so after proving he can keep his head in the game.

  3. okwhitefalcon - Aug 18, 2012 at 5:07 PM

    Considering Castro rarely realizes when there’s 2 outs or 3 outs, I think the Cubs may have been able to get him cheaper for longer – he never would have known the difference.

  4. shawon0meter - Aug 18, 2012 at 5:20 PM

    We’re talking about a 22 year old 2-time all-star here. He’s so young that he’s got to improve and this contract isn’t obscene by MLB standards at all. I’m all for this deal.

  5. phillyphever - Aug 18, 2012 at 5:36 PM

    Why do I have the feeling this is gonna turn into a Hanley Ramirez situation?

  6. hojo20 - Aug 18, 2012 at 6:01 PM

    Theo loves handing out the big contracts.

  7. randygnyc - Aug 18, 2012 at 6:43 PM

    Some players need the carrot, some need the stick. There’s nothing wrong with giving a young athlete, previously plagued with bouts of bad judgement and lack of concentration, stuck within a culture of losing, a long contract filled with millions of dollars. It’s just another approach to squeezing out every ounce of potential from developing athletes. What could go wrong?

  8. 11thstreetmafia - Aug 19, 2012 at 10:23 AM

    You people that are suggesting that the cubs wait to give him a contract do not understand how baseball contracts work. The cubs just dodged arbitration and free agency with the guy who lead the national league in base hits last year. Good job, cubs.

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