Starlin Castro Contract Extension: Shortstop Agrees To New Seven-Year Deal With Cubs

The Chicago Cubs have inked their young star shortstop for the foreseeable future with new deal.

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Starlin Castro Extension Official: Seven Years, $59 Million For Cubs Shortstop

The Chicago Cubs and shortstop Starlin Castro officially agreed on a contract extension Tuesday, for seven years and $59 million, according to ESPN Chicago. The deal includes a $16 million club option for the 2020 season, according to Ken Rosenthal.

Castro, 22, debuted in May 2010, and has since made two All-Star appearances. He led the National League in hits in 2011 with 207 and in plate appearances with 674. Castro owns a .296/.334/.421 line in 1,761 career plate appearance, and is hitting .276/.311/.418 during the 2012 season, with 21 steals in 32 attempts.

Before signing the extension, Castro was eligible for arbitration in 2013 and for free agency in 2017.He gives up at least two years of free agency

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Starlin Castro Contract: Details Of New Deal For Cubs Shortstop Emerge

As reported by ESPN's Bruce Levine, Starlin Castro and the Chicago Cubs may be close to agreeing on a 7-year contract.

The terms of the contract, according to Ken Rosenthal, are the following: seven years, $60 million with a $6 million signing bonus. Per year, Castro will make $5M, $5M, $6M, $7M, $9M, $10M, and $11M. There will be an option for an eighth year at $16 million.

Rosenthal also reported incentives that could make the deal worth up to $79 million if Castro wins an MVP award, or finishes in the top 5 twice.

The third-year shortstop leads his team in batting average (.276), and has not missed a game all season. He is also second on the team in RBI (63) and stolen bases (21).

Castro is only 22 years old, and he gives up two potential free-agent years by signing the deal.

For updates, stay tuned to SB Nation Chicago. For more in-depth coverage of this series, check out Cubs blog Bleed Cubbie Blue. And for more news and notes from around baseball, visit Baseball Nation.

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Starlin Castro Extension: Cubs Could Complete Deal On Tuesday

The Chicago Cubs could officially announce the signing of shortstop Starlin Castro to a seven-year, $59 million contract extension on Tuesday, according to Bruce Levine of ESPN Chicago. The deal was reported as being essentially done earlier this month, but both sides have still been working out language in the contract.

Levine says that both sides agreed on the money ten days ago when the deal was first reported, but the final paperwork hasn't been completed because both sides want specific language included in the contract. There has never any major confusion between what both sides want, so the deal has never really been in danger of falling apart.

Castro's agent, Paul Kinzer, was at Wrigley Field on Monday, possibly to finish off the final details of a Castro extension as Levine notes. When the deal is completed, Castro will have the longest contract of anyone on the team.

For more on the Cubs and Castro, check out Bleed Cubbie Blue. Also visit Baseball Nation for more MLB coverage from around the league.

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Starlin Castro Extension: Shortstop's New Deal Could Take 1-2 Weeks

As reported by Doug Padilla of ESPN Chicago, Chicago Cubs shortstop Starlin Castro's seven year, $60 million contract extension may take one to two weeks to finalize, according to sources. The only remaining issue is the language of the contract, nothing involving the numbers or consent of either side of the deal. The contract locks up Castro with the Cubs through 2019 with a $16 million option for 2020.

The 22 year old shortstop for the Chicago Cubs has been the face of the franchise since being called up early in the 2010 season. Head coach Dale Sveum is optimistic that Castro will not be distracted by money and will instead continue to focus on the success of the Chicago Cubs, saying:

"You hope he reacts to the point that he obviously will be financial secure for the rest of his life and now you have one more thing to accomplish and that is to win a World Series, to get better every single day."

Castro has battled through numerous slumps this year, however, seems to have excelled during the recent negotiations, batting .357 since August 8th. He led the league in hits last season with 207, and is currently batting .280 with 61 RBIs, 59 runs and 12 home runs.

For more on the Cubs and Castro, check out Bleed Cubbie Blue. Also visit Baseball Nation for more MLB coverage from around the league.

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Alfonso Soriano Trade Rumors: Cubs OF Still Won't Approve Trade To Giants, Per Report

Some in the Chicago Cubs front office are disappointed that outfielder Alfonso Soriano refuses to waive his no-trade clause to be sent to the San Francisco Giants, Nick Cafardo of the Boston Globe reports.

Previous reports have stated that Soriano refused a trade to San Francisco before the trade deadline, so he's merely maintaining his stance here.

According to Cafardo, Soriano is concerned that playing home games in a colder climate will impact his hitting. The Giants have reportedly been looking for a bat since Melky Cabrera's suspension was announced, but Soriano continues to prefer the Windy City.

This season, the left fielder has hit .262/.321/.490 with 25 doubles and 22 homers over 446 plate appearances. It's a remarkably similar line to the .258/.322/.496 numbers he posted with Chicago two years ago.

Read more on the Cubs at Bleed Cubbie Blue and SB Nation Chicago. Baseball Nation is your source for news and notes around Major League Baseball.

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Starlin Castro Contract Extension: Agent Paul Kinzer Wanted To Wait On Negotiations

Starlin Castro's agent Paul Kinzer wanted to take the traditional route on negotiating the 22-year-old shortstop's contract extension. It's popular to table negotiations while the season is active, and Kinzer planned on doing that. But it seems Castro and the Cubs wanted to this differently.

"That was my intent, but the Cubs pursued it and Castro wanted to do it, so I work for the players," Kinzer told the Chicago Tribune. "If it's a good deal, it's usually a win-win, or both sides feel like they are getting everything they want. So this definitely falls in there."

That falls in line with what Castro had to say about his long term intentions with the organization. He sees something the Cubs can build around if they commit to it. Here's a Starlin Castro quote from the same link:

"You want to be a good team for the future; that's why I want to be on this team," he said. "We are going to be good to win games, playoffs and that kind of stuff. I want to be there. It's very important. Everybody like me, (Darwin) Barney, (Anthony) Rizzo ? we want to keep those guys together for the future."

Read more on the Cubs at Bleed Cubbie Blue and SB Nation Chicago. Baseball Nation is your source for news and notes around Major League Baseball.

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Starlin Castro Agrees To A Seven-Year, $60 Million Contract Extension, According To Report

The Chicago Cubs have locked up their young star shortstop for the foreseeable future as Starlin Castro has agreed to a seven-year, $60 million contract extension, according to ESPNdeportesLosAngeles.com.

The 22-year-old's new contract includes a $16 million option in 2020. Castro would have possibly been a "Super Two" player at the end of the year if he made it to salary arbitration. Now, Castro's new contract covers four years of arbitration eligibility and three years of free agency.

The Cubs have to think highly of Castro for them to put this type of investment into a 22-year-old who is still improving. But it looks like Castro will be one of the central players in the Cubs' future.

Castro is currently batting .278 with 12 home runs, 19 steals and 58 RBIs while being third in the majors in runs scored with 58.

For more on the Cubs and Castro, check out Bleed Cubbie Blue. Also visit Baseball Nation for more MLB coverage from around the league.

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Starlin Castro Contract Extension: Cubs Working On 6-7 Year Deal, According To Report

The Chicago Cubs are attempting to work out a long-term deal with shortstop Starlin Castro -- a contract extension that may be for six or seven more years after 2012.

Ken Rosenthal of FOX Sports reports that the Cubs' offer could be for an extension of six or seven years, with a club option for an additional year. This would buy out all four of Castro's arbitration years and would take him through either the first two or three years of free agency.

Castro, who has a .307 on-base percentage and 12 home runs thus far in 2012, is a player the Cubs organization has been high on for a good long while and clearly wants to build around in both the short-term and the long-term. An offer of a contract for this length of time while Castro still has aspects of his game to iron out speaks to how invested they are in him.

For more on the Cubs and Castro, check out Bleed Cubbie Blue. Also visit Baseball Nation for more MLB coverage from around the league.

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Starlin Castro Says A Long-Term Deal With The Cubs Is 'Very Important'

The Chicago Cubs are reportedly working on hammering out a long-term deal with shortstop Starlin Castro. The young star has been criticized for his lack of focus and effort on the field at times, but Castro is someone who still has tremendous upside and is a player the team would like to build around for some time.

Doug Padilla at ESPN Chicago took down some of Castro's thoughts regarding a potential contract extension on Friday.

"It's very important for me," Castro said of a potential long-term deal. "My (feeling) is that I want to be here and I want to be with the team for a long time.

"I'm letting my agent work," Castro said. "I tell him, 'You tell me when you're close. When you're close and ready to do it, you tell me.' But right now I give more concentration to the game."

Castro had nothing but nice things to say about the city of Chicago and the Cubs organization.

"(Chicago) is one of the best cities I ever see," he said. "Good team, everybody is together. Good people, boss people like (president) Theo Epstein and (general manager) Jed Hoyer. Those are the guys you want to be with your team to make them good for the future. That's what I want to be. This team will be good to win games and be in the playoffs and I want to be there."

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Starlin Castro's Agent: Cubs Pursued New Contract Talks

The Cubs and Starlin Castro are currently working on a long-term deal, something Castro's agent didn't expect to happen during the season.

Paul Kinzer was planning on waiting until the end of the season, but the Cubs "pursued" earlier negotiations with his client, and Castro wanted to do it, according to the Chicago Tribune:

"If it's a good deal, it's usually a win-win, or both sides feel like they are getting everything they want," Kinzer added on Friday. "So this definitely falls in there."

A possible deal of six or more years would buy out Castro's remaining arbitration and at least two years of free agency.

"(The Cubs) want to wrap up their core of young guys, I'm sure," Kinzer said of the two-time NL All-Star. "So this is the guy they started with."

For more on Chicago sports, stay tuned to SB Nation Chicago. For more in-depth coverage on the Cubs, head over to Bleed Cubbie Blue. Additional Reds coverage can be found at Red Reporter.

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Chicago Cubs, Starlin Castro Reportedly Working On Long-Term Deal

The Chicago Cubs are reportedly working on a long-term contract with shortstop Starlin Castro.

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