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Craig Kimbrel Full Contract Details, Vesting Option, Escalators, No-Trade Protection

Chicago Cubs

Craig Kimbrel was officially inked yesterday and has been added to the 40-man roster. Allen Webster was moved to the 60-day Injured List to make room.

As for the financial particulars of Kimbrel’s three-year deal, it is expectedly backloaded as the Cubs’ financial situation changes a good bit after this year:

2019: $10 million
2020: $16 million
2021: $16 million
2022: $16 million club/vesting option, or $1 million buyout

The total deal, then, is three years and $43 million, with escalators that can take that buyout up to $3 million, so the three-year deal could wind up worth $45 million. For luxury tax purposes, which treats the option year as part of the deal, the contract has a $14.5 million average annual value.

Some more details on the deal from Jon Heyman:

Author: Brett Taylor

Brett Taylor is the Editor and Lead Cubs Writer at Bleacher Nation, and you can find him on Twitter at @BleacherNation and @Brett_A_Taylor.