Found August 02, 2013 on
Obstructed View OLD:
According to Jed Hoyer,the Cubs were never close to trading Jeff Samardzija. They were demanding a significant package in return as you would expect. No team was willing to match that so the Cubs just kept Samardzija and plan to work out an extension with him this off-season.
If the Cubs are unable to reach a deal with Samardzija, they may trade him according to multiple outlets. However, Samardzija is open to a contract extension and is willing to talk after the season.
A couple weeks ago I looked at a possible extension and how much it would cost. If Samardzija was a free agent after the season, which he is not, he could look for something like a 6-year, $94 million contract, or 7-year and $100 million.
Once you factor in his two additional arbitration years, it falls considerably. Something like this:
I'd look an extension in the 5 to 7 year range for betwen $60 and $80 million.
If the Cubs instead decide to trade Samardzija, there is about $23 million in surplus trade value ($38 million in value in 2014 and 2015 and will be paid approximately $15 million).
The Cubs were very active in July, but it led to a July 31st that was as boring as I can remember. I didn't expect the Cubs would complete any deals that day. They've got to field a team the rest of the way and any return for players like David DeJesus would have been minimal.
Speaking of DeJesus, the Cubs will almost certainly exercise their team option for $6 million on him next year. Will they look outside the system for additional outfield help or be happy to go with Nate Schierholtz and maybe Junior Lake beside him? There's been a lot of talk around here of Shin-Soo Choo and Jacoby Ellsbury.
Whether or not the Cubs go after one of them, or another free agent of that caliber will depend on whether or not they have a protected first round pick in next year's draft.
The post Cubs to work on extension with Jeff Samardzija this offseason appeared first on Obstructed View.
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