Feeky Magee Posted March 24, 2014 Share Posted March 24, 2014 (edited) Colleen Kane @ChiTribKane 1m Jose Quintana has agreed to a 5-year contract with the White Sox worth $26.5 million or $21 million, depending on his arbitration status. https://twitter.com/ChiTribKane/status/448127495930253312 EDIT: Plus two option years for 2019 and 2020 at $10.5m and $11.5m. They're the key. Edited March 24, 2014 by Feeky Magee Quote Link to comment Share on other sites More sharing options...
Al Lopez's Ghost Posted March 24, 2014 Share Posted March 24, 2014 Merkin says he signed a 5 year, potentially 26 million $ contract. Quote Link to comment Share on other sites More sharing options...
Y2Jimmy0 Posted March 24, 2014 Share Posted March 24, 2014 Scott Merkin @scottmerkin 1m Quintana agrees to five year extension potentially worth $26.5 million. Dan Hayes @DanHayesCSN 1m Guaranteed money in Jose Quintana's deal is contingent on arb status. If he qualifies for super two, it's $26.5 mil. If not, $21.5'mil. Dan Hayes @DanHayesCSN 1m #WhiteSox give Jose Quintana 5-year, $26.5 mil extension. Deal has options for $10.5 mil for '19, $11.5 mil for '20. (1/2) Quote Link to comment Share on other sites More sharing options...
justBLAZE Posted March 24, 2014 Share Posted March 24, 2014 WHITE SOX AND JOSE QUINTANA AGREE TO TERMS ON FIVE-YEAR CONTRACT WITH TWO CLUB OPTIONS GLENDALE, Ariz. – The Chicago White Sox have agreed to terms on a five-year contract with left-handed pitcher Jose Quintana, which includes two club options. If Quintana, 25, is eligible for arbitration following the 2014 season, the total guaranteed dollars would be $26.5 million. He would receive $850,000 in 2014, $3.4 million in 2015, $5.4 million in 2016, $7 million in 2017 and $8.85 million in 2018. The White Sox would hold options for 2019 at $10.5 million and for 2020 at $11.5 million. If either option is declined, Quintana would receive a $1.0-million buyout. If Quintana is not eligible for arbitration after the 2014 season, the total guaranteed dollars would be $21.0 million. He would receive $850,000 in 2014, $1.0 million in 2015, $3.8 million in 2016, $6.0 million in 2017 and $8.35 million in 2018. The Sox would hold options for 2019 at $10.5 million and for 2020 at $11.5 million with a $1.0-million buyout. The 6-foot-1, 220-pound Quintana went 9-7 with a 3.51 ERA (78 ER/200.0 IP), 164 strikeouts and a major-league leading 17 no decisions over 33 starts in 2013, his first full season in the majors. He tied for first among American League left-handers in starts, ranked third in runners per 9.0 IP (11.21), fifth in ERA, sixth in strikeouts and seventh in IP. Quintana also set an AL record with 17 no decisions, three of which came when he threw 7.0-plus scoreless IP. “Jose quickly has established himself as a quality major-league starting pitcher, and along with Chris Sale, we expect him to be an important piece of our rotation for the foreseeable future,” said Rick Hahn, White Sox senior vice president/general manager. “Jose brings a tremendous work ethic and professionalism to his approach, and he is well respected by his teammates, so we are excited to be able to reward him for what he has accomplished thus far in his career and possibly keep him in a White Sox uniform for the next seven seasons.” A native of Barranquilla, Colombia, Quintana last season became the youngest pitcher to lead the White Sox in starts since Mark Buehrle in 2002 (23) and joined Sale (214.1) as the only left-handed teammates in franchise history under the age of 25 to throw 200.0-plus IP in the same season. Sale (6.9) and Quintana (5.4) combined to record a 12.3 bWAR, the second-highest total by a duo in the major leagues behind Detroit’s Max Scherzer and Anibal Sanchez (13.0). Quintana has gone 15-13 with a 3.61 ERA (135 ER/336.1 IP) and 245 strikeouts in 58 games (55 starts) over two seasons with the White Sox after signing as a free agent on November 21, 2011. He has thrown at least 7.0 scoreless IP without receiving a decision six times in his 55 career starts, which is tied with Joel Horlen for the club record. Quintana would have been eligible for free agency following the 2018 season. -30 © 2014 Chicago White Sox Quote Link to comment Share on other sites More sharing options...
Feeky Magee Posted March 24, 2014 Author Share Posted March 24, 2014 QUOTE (Knuckles @ Mar 24, 2014 -> 11:05 AM) WHITE SOX AND JOSE QUINTANA AGREE TO TERMS ON FIVE-YEAR CONTRACT WITH TWO CLUB OPTIONS GLENDALE, Ariz. – The Chicago White Sox have agreed to terms on a five-year contract with left-handed pitcher Jose Quintana, which includes two club options. If Quintana, 25, is eligible for arbitration following the 2014 season, the total guaranteed dollars would be $26.5 million. He would receive $850,000 in 2014, $3.4 million in 2015, $5.4 million in 2016, $7 million in 2017 and $8.85 million in 2018. The White Sox would hold options for 2019 at $10.5 million and for 2020 at $11.5 million. If either option is declined, Quintana would receive a $1.0-million buyout. If Quintana is not eligible for arbitration after the 2014 season, the total guaranteed dollars would be $21.0 million. He would receive $850,000 in 2014, $1.0 million in 2015, $3.8 million in 2016, $6.0 million in 2017 and $8.35 million in 2018. The Sox would hold options for 2019 at $10.5 million and for 2020 at $11.5 million with a $1.0-million buyout. The 6-foot-1, 220-pound Quintana went 9-7 with a 3.51 ERA (78 ER/200.0 IP), 164 strikeouts and a major-league leading 17 no decisions over 33 starts in 2013, his first full season in the majors. He tied for first among American League left-handers in starts, ranked third in runners per 9.0 IP (11.21), fifth in ERA, sixth in strikeouts and seventh in IP. Quintana also set an AL record with 17 no decisions, three of which came when he threw 7.0-plus scoreless IP. “Jose quickly has established himself as a quality major-league starting pitcher, and along with Chris Sale, we expect him to be an important piece of our rotation for the foreseeable future,” said Rick Hahn, White Sox senior vice president/general manager. “Jose brings a tremendous work ethic and professionalism to his approach, and he is well respected by his teammates, so we are excited to be able to reward him for what he has accomplished thus far in his career and possibly keep him in a White Sox uniform for the next seven seasons.” A native of Barranquilla, Colombia, Quintana last season became the youngest pitcher to lead the White Sox in starts since Mark Buehrle in 2002 (23) and joined Sale (214.1) as the only left-handed teammates in franchise history under the age of 25 to throw 200.0-plus IP in the same season. Sale (6.9) and Quintana (5.4) combined to record a 12.3 bWAR, the second-highest total by a duo in the major leagues behind Detroit’s Max Scherzer and Anibal Sanchez (13.0). Quintana has gone 15-13 with a 3.61 ERA (135 ER/336.1 IP) and 245 strikeouts in 58 games (55 starts) over two seasons with the White Sox after signing as a free agent on November 21, 2011. He has thrown at least 7.0 scoreless IP without receiving a decision six times in his 55 career starts, which is tied with Joel Horlen for the club record. Quintana would have been eligible for free agency following the 2018 season. -30 © 2014 Chicago White Sox Sweet, was wondering what it was all about without the options, they're the key. Quote Link to comment Share on other sites More sharing options...
cabiness42 Posted March 24, 2014 Share Posted March 24, 2014 Can anybody else remember a long-term contract that had salaries dependent on arb status? Sounds like Mr. Hahn got very creative in order to get this done. Quote Link to comment Share on other sites More sharing options...
southsider2k5 Posted March 24, 2014 Share Posted March 24, 2014 So that is $48 million, at worst, for 7 years of contract time. f***ing awesome. Quote Link to comment Share on other sites More sharing options...
GGajewski18 Posted March 24, 2014 Share Posted March 24, 2014 QUOTE (southsider2k5 @ Mar 24, 2014 -> 11:09 AM) So that is $48 million, at worst, for 7 years of contract time. f***ing awesome. Love this deal! Quote Link to comment Share on other sites More sharing options...
flavum Posted March 24, 2014 Share Posted March 24, 2014 Nice deal. He needs a new number. That #62 just ain't cutting it if he's he's here for the long haul. Quote Link to comment Share on other sites More sharing options...
southsider2k5 Posted March 24, 2014 Share Posted March 24, 2014 QUOTE (SoxPride18 @ Mar 24, 2014 -> 11:12 AM) Love this deal! That $48 million is a year and a half of max contract Kershaw. Quote Link to comment Share on other sites More sharing options...
SoxAce Posted March 24, 2014 Share Posted March 24, 2014 This is the type of stuff I can definitely get use to (and love) with Rick Hahn. Just a brilliant creator with contracts. Quote Link to comment Share on other sites More sharing options...
Feeky Magee Posted March 24, 2014 Author Share Posted March 24, 2014 So if he's Super-2 eligible, the White Sox buy out his 4 years of arbitration for $24.65m. If he's not, the White Sox buy out his 3 years of arbitration for $18.15m. Anyone know what he'd figure to earn in arb if he hadn't signed this deal? Quote Link to comment Share on other sites More sharing options...
cabiness42 Posted March 24, 2014 Share Posted March 24, 2014 So if he's Super-2 eligible, the White Sox buy out his 4 years of arbitration for $24.65m. If he's not, the White Sox buy out his 3 years of arbitration for $18.15m. Anyone know what he'd figure to earn in arb if he hadn't signed this deal? Hard to say exactly how much, but it definitely would have been more. The player gives up potential earnings for the security of the guaranteed money. Quote Link to comment Share on other sites More sharing options...
LittleHurt05 Posted March 24, 2014 Share Posted March 24, 2014 Well done Mr. Hahn. Now trade him while his value is highest! Quote Link to comment Share on other sites More sharing options...
2nd_city_saint787 Posted March 24, 2014 Share Posted March 24, 2014 OH I like that. Quote Link to comment Share on other sites More sharing options...
Feeky Magee Posted March 24, 2014 Author Share Posted March 24, 2014 mlbtraderumours: " Quintana will have two years and 133 days of Major League service after 2014, which would have qualified him for Super Two in two of the last five years." Quote Link to comment Share on other sites More sharing options...
southsider2k5 Posted March 24, 2014 Share Posted March 24, 2014 QUOTE (HickoryHuskers @ Mar 24, 2014 -> 11:19 AM) Hard to say exactly how much, but it definitely would have been more. The player gives up potential earnings for the security of the guaranteed money. The last option year is $11.5 million, which would have been his second year of FA. His last year of pre-free agency arb is locked up for $8.85 million. The highest offer ever to a player still under pre-free agency arbitration was to Lincecum for $17 million. Quote Link to comment Share on other sites More sharing options...
witesoxfan Posted March 24, 2014 Share Posted March 24, 2014 I absolutely love this deal. It's amazing the value a contract guy can do for a front office. Quote Link to comment Share on other sites More sharing options...
Baron Posted March 24, 2014 Share Posted March 24, 2014 Our top two SPs locked up on two awesome deals. Congrats Q Quote Link to comment Share on other sites More sharing options...
BlackSox13 Posted March 24, 2014 Share Posted March 24, 2014 Way to go Hahn! Absolutely love this deal, can't see how anyone would complain. Quote Link to comment Share on other sites More sharing options...
cabiness42 Posted March 24, 2014 Share Posted March 24, 2014 Way to go Hahn! Absolutely love this deal, can't see how anyone would complain. I like the deal and wouldn't complain, but I will point out that this kind of deal does not come without risk. If Quintana suffers a career-ending or career-damaging injury, or just flat out starts to suck, the Sox are on the hook for the entire contract anyway. Quote Link to comment Share on other sites More sharing options...
RockRaines Posted March 24, 2014 Share Posted March 24, 2014 Incredibly creative deal. Quote Link to comment Share on other sites More sharing options...
witesoxfan Posted March 24, 2014 Share Posted March 24, 2014 QUOTE (HickoryHuskers @ Mar 24, 2014 -> 11:35 AM) I like the deal and wouldn't complain, but I will point out that this kind of deal does not come without risk. If Quintana suffers a career-ending or career-damaging injury, or just flat out starts to suck, the Sox are on the hook for the entire contract anyway. The thing is, that risk is spread out over 5 years, and it'll be insured anyhow. This is not the same as resigning a guy with 4+ years of MLB service on his arm a 5 years, $65 million deal at the end of his contract. Quote Link to comment Share on other sites More sharing options...
flavum Posted March 24, 2014 Share Posted March 24, 2014 And think about what the Yankees gave up. How are Banuelos and Betances doing? Baseball is strange game. Quote Link to comment Share on other sites More sharing options...
peppers312 Posted March 24, 2014 Share Posted March 24, 2014 so apparently no one is worried about Q's spring training numbers...? i think it's a good signing, but i hope Hahn didn't jump the gun a year early on this one. Quote Link to comment Share on other sites More sharing options...
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