The Chicago Cubs have officially announced the signing of Jason Hammel, who comes back to the Cubs after a midseason trade in 2014. Word of the signing broke earlier this week.
As reported, Hammel’s contract is two years and $18 million with a 2017 club option worth $12 million ($2 million buyout). Hammel can void that 2017 option if he’s traded, if he finishes over 200 innings pitched in 2016, or if he finishes in the top 10 in Cy Young voting in 2016.
That’s a two-year, $20 million guarantee for one of the best second-tier arms on the market. Just a fantastic deal, and it’s great to have Hammel back in the fold.
With Hammel officially added, the 40-man roster stands at 39, with one spot soon going to Jon Lester.