John Danks extension official, terms disclosed

by colintj on Dec 29, 2011 1:42 PM CST in White Sox News

Splicing together a couple tweets from Sun-Times beat writer Daryl Van Schouwen on John Danks' extension:

Sox announce Danks extension: 5 yrs, $65 million as reported; $8 million for 2012 and $14.25 million in each of the 2013-16 seasons.

Tom Tango's analysis isn't changed much by the particulars, though it looks like the White Sox got Danks to agree to take a little less in 2012 in order to take a little more throughout the remainder of the deal. The $8 million he will make in 2012 is about $1-2 million less than I thought he'd get this year, which is nice. In addition, Danks is taking a slight discount because he's not waiting to get to free agency. On the whole though, it's a fair market deal that works in the White Sox' favor thanks to the organization's talent for handling pitchers.

UPDATE: For the people who still need press releases, here it is.

UPDATE 2: He has a full no trade clause for 2012 and a limited no trade clause thereafter.

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i like it.

especially with peavy off the books after this year .

by e-gus on Dec 29, 2011 1:45 PM CST reply actions

pretty easy to like

they’re paying for not even 1.5 wins this year and then not even 3 wins the year. as long as the economy doesn’t nosedive, you gotta like the Sox chances to do work on this one.

So fast he could hit a ball up the middle and it would hit him in the ass sliding into second.

by colintj on Dec 29, 2011 1:50 PM CST up reply actions

Still tripping

Wow, so the Sox really gave a legit 5 year deal to a pitcher?

"Rooting for the Twins is just a roundabout way of rooting for a first-round playoff bye for the Yankees." by big_fun

by Tdogg on Dec 29, 2011 2:01 PM CST up reply actions

they're really testing the extent of their two primary competitive advantages

So fast he could hit a ball up the middle and it would hit him in the ass sliding into second.

by colintj on Dec 29, 2011 2:03 PM CST up reply actions

Probably the reality of today's market place for a decent pitcher.

Still I like the Sox doing it more than others and no 5/10 to worry about.

"Rooting for the Twins is just a roundabout way of rooting for a first-round playoff bye for the Yankees." by big_fun

by Tdogg on Dec 29, 2011 2:07 PM CST up reply actions

x

by South Side Expat on Dec 29, 2011 2:07 PM CST up reply actions 10 recs

Outstanding.

And larry is still unconscious re: 5 years.

We're all here because we're not all there.

by winningugly on Dec 29, 2011 2:08 PM CST up reply actions

so it's all guaranteed?

NAOPOS

by blackoutsox on Dec 29, 2011 2:47 PM CST via iPhone app up reply actions

Serious Question for the serious folks here-

Honestly, how much do you think Hahn had to do with setting this deal up vs. Kenny?

by South Side Expat on Dec 29, 2011 11:28 PM CST up reply actions

hahn handles basically all contract negotiations.

presumably KW, and certainly reinsdorf, had some parameters.

by larry on Dec 29, 2011 11:42 PM CST up reply actions

Okay, so it's been reported and pretty much taken for granted that Hahn

does the money in the deals (Hence my little ha ha above.) What I’m curious about is how much influence he may have nowadays when it comes to breaking the supposed taboo of “no pitcher contracts past 3 years*” and what that says about letting him have a little more freedom with contracts and the team.

*don’t anyone bring up Linebrink under penalty of death. We are just gonna forget that one, okay?

This feeds into the thoughts about trying to kick Kenny “upstairs” into a figurehead role.

I’m just curious as to what the editors are thinking about recent developments and how they affect Sox management going forward.

by South Side Expat on Dec 30, 2011 12:10 AM CST up reply actions