Nico Hoerner, Cubs Agree to Three-Year Contract Extension, per Report
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The Cubs are signing infielder Nico Hoerner to a three-year, $35 million contract extension, according to a Monday evening report from Jeff Passan of ESPN.
Hoerner, 25, is entering his fifth season with Chicago; the extension will buy out two arbitration years as well as his first year of free agency. The Oakland native will reportedly make $15 million and $20 million in his last two arbitration years.
In 2022, Hoerner was one of the few bright spots on a 74–88 Cubs team. He hit .281 in 135 games—good for eighth in the National League—a season after hitting .302. His five triples, 20 stolen bases and 1.9 defensive bWAR ranked fourth, ninth and 10th in the league, respectively.
Second baseman Nico Hoerner and the Chicago Cubs are in agreement on a three-year, $35 million contract extension, sources tell ESPN. Deal buys out one year of free agency, but Hoerner still will hit the market at 29. Final two arbitration years priced ~$15M and FA year at ~$20M.
— Jeff Passan (@JeffPassan) March 28, 2023
Hoerner has been one of the organization's top prospects since Chicago took him 24th overall out of Stanford in the 2018 MLB draft.
The Cubs open the 2023 season Thursday afternoon against the Brewers.