The Chicago Cubs acquisition of left-handed ace Jon Lester will likely be remembered as the landmark move of this offseason, and could be one of the biggest franchise-altering signings any club has made over the past few years.
With Lester locked in at Wrigley Field for over a half-decade, Jon Heyman of CBS Sports is here to provide the full financial details of Lester's new deal:
Lester: 30M bonus, 15M payable 4/1/15. 15M in15, 20 in '16 and '17, 22.5 in '18 and '19, 15 in '20. Option in '21 25M, 10 buyout
— Jon Heyman (@JonHeymanCBS) December 17, 2014
With a $30 million bonus and no year under $15 million for the length of the contract, Lester will be compensated quite well for the duration of his time with the Cubs.
In 213.1 innings between the Boston Red Sox and Oakland Athletics in 2014, Lester pitched to a 2.46 ERA with a more-than-impressive 220/48 K/BB ratio and a 1.102 WHIP. He will turn 31 on January 7th.
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