Chicago Cubs Officially Sign Gerardo Concepcion To Five-Year Contract

The Chicago Cubs and 20-year-old Cuban pitcher Gerardo Concepcion have officially agreed to a five-year contract, as the team announced on Sunday. The two sides had previously come to an agreement, but the deal wasn't made official by MLB until the announcement.

According to Paul Sullivan of the Chicago Tribune, Concepcion will receive $6 million over the course of the contract. While the investment in the Cuban defector is quite substantial, Concepcion will be sent to minor league spring training to begin his American career.

Despite signing for more than most first-round draft picks, Concepcion generally isn't considered an elite prospect like other Cuban defectors such as Yoenis Cespedes and Jorge Soler.

For more on the offseason, stay tuned to SB Nation Chicago. For more in-depth coverage of the Cubs, head over to Bleed Cubbie Blue. For more from around baseball, head over to Baseball Nation. To keep track of all rumors and happenings in the game, check out MLB Daily Dish.

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