Cubs Extend Zambrano

by Eli Greenspan on Aug 17, 2007 11:38 AM EDT

The Chicago Cubs have signed Carlos Zambrano to a five year deal, worth 91.5 million dollars. The deal has a 19.25 million dollar player option for a sixth year. "I feel happy right now, feel comfortable right now but it's not enough," Zambrano said at news conference. "I have a mission to complete and I have a way to go with my teammates to lead this team. ... It's not enough when you retire and don't have the ring." Most Cubs fans believed that ownership was in limbo and no money could be thrown around, but I guess the Tribune Company put the go ahead on the deal just to get it done. Zambrano is 14-9 this season with a 3.86 ERA and 139 K. Many teams were looking to add Zambrano in the off season but will now have to look to other Free Agents.

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Carlos Zambrano and the Cubs have agreed to a five-year contract extension worth $91.5 million, with a player option for a sixth season at $19.25 million.
In other words, it's essentially a six-year, $111 million extension. Zambrano must really like Chicago, because the deal is shorter than those handed out to top-tier free agent starters over the past several years and the total commitment is $15 million less than Barry Zito received from the Giants during the offseason

by Anonymous on Aug 17, 2007 11:46 AM EDT reply actions

PRAISE THE LORD OF BASEBALL!

by Anonymous on Aug 17, 2007 12:14 PM EDT reply actions

salaries will continue to go up. sooner or later this deal, or even zito's deal will look like jump change. baseball seriously needs to do something about this.

by timy1 on Aug 18, 2007 2:14 AM EDT reply actions