While we continue to celebrate the Chicago Cubs landing a significant free agent target, let’s take a quick look at some of the procedural elements of the signing:
Jon Lester's deal with the Cubs includes a signing bonus of at least $20 million.
— Buster Olney (@Buster_ESPN) December 10, 2014
Lester's signing bonus is $30 million, paid over the life of the contract, according to a source familiar with the terms.
— Jayson Stark (@jaysonst) December 10, 2014
Jon Lester's option vests with 200 IP in sixth year or 400 total in the fifth and sixth. Signing bonus $20M upfront, $10M more spread out.
— Jeff Passan (@JeffPassan) December 10, 2014