Jackson gets $52 million from Cubs

Jackson gets $52 million from Cubs
December 20, 2012, 4:00 pm
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Edwin Jackson wanted a long-term contract last winter, one commensurate with those given to some of the better pitchers in baseball. In the end, the well-traveled right-hander settled for a one-year deal with the Nationals, hoping to then parlay that into something much bigger this winter.

That strategy most certainly paid off, because today Jackson and the Cubs came to agreement on a four-year, $52 million contract, according to CSNchicago.com.

The deal is still contingent upon Jackson passing a physical, but once he does he'll be under contract through 2016 earning an average of $13 million per season (18th-most among all major-league pitchers).

The Nationals never showed any serious intention to bring Jackson back after a mostly impressive -- if often erratic -- season in D.C. Signed on Feb. 2 for $11 million to serve as their No. 4 starter, he went 10-11 with a 4.03 ERA in 31 starts (17 of them quality starts).

Wanting to find a shorter-term and more consistent alternative for 2013, the Nationals elected not to make a qualifying offer to Jackson at season's end. Doing so would have ensured draft-pick compensation for losing the 29-year-old to free agency, though the club would have risked the possibility of Jackson accepting the offer and returning for one year at a salary of roughly $13.3 million.

(The Nationals did make a similar qualifying offer to first baseman Adam LaRoche, who declined the offer but could still return to Washington on a two-year deal.)

General manager Mike Rizzo ultimately signed Dan Haren to a one-year, $13 million contract, the veteran taking over Jackson's spot in an otherwise young rotation.

For Jackson, this deal should mark the end of his nomadic baseball life. After pitching for seven different big-league clubs in eight years, he'll finally take comfort knowing he's under contract with one organization for four full seasons. (This new contract, however, reportedly does not include a no-trade clause.)

Jackson owns a career 70-71 record and 4.40 ERA.