The Jon Lester Signs w/ Cubs - 6 yrs/$155 Million

[Splendid Splinter]

Contract details:

 

For starters, Lester is getting a record $30 million signing bonus, of which $15 million is due by April 1. After that, $2.5 million each is due by Dec. 31 in 2018 and 2019, and a final $10 million installment is due by Sept. 15, 2020.

Here’s Lester’s year-by-year salary breakdown:

2015: $15 million

2016: $20 million

2017: $20 million

2018: $22.5 million

2019: $22.5 million

2020: $15 million

There is a $25 million mutual option for 2021 with a $10 million buyout, and the option would become guaranteed if Lester pitches 200 or more innings in 2020 or 400 or more in 2019 and 2020 combined.

Lester also gets a hotel suite on the road, a provision that he can’t be traded without his consent and the right to 25 hours of private-plane use for him and his family annually.

 

http://chicago.cbslocal.com/2014/12/15/breaking-down-jon-lesters-contract/

 

 

Just curious. Is this an odd perk or no? Like I know Fukudome got like 8 round trips to Japan every year in his contract and see that in others, but to be specific on hours instead of round trip to wherever or that you can use it for X amount of hours? Just seem odd to me and was wondering if it was common or not for big signings.

[SouthSideRyan]

pretty sure theo just had kid no. 2 this past summer

 

With Dempster's babysitter

[SouthSideRyan]

pretty sure theo just had kid no. 2 this past summer

that's when you leave

 

That's what CC taught me.

[Guest]

So if we assume that 15 million up front is the rollover/Tanaka fund, that means he'll be counting 15/20/20/25/25/25/10 against payroll, not bad at all.

[jersey cubs fan]

Just curious. Is this an odd perk or no? Like I know Fukudome got like 8 round trips to Japan every year in his contract and see that in others, but to be specific on hours instead of round trip to wherever or that you can use it for X amount of hours? Just seem odd to me and was wondering if it was common or not for big signings.

 

private jet use is typically referenced in terms of hours. You don't buy a ticket from New York to Puerto Rico, you use X hours.

[Splendid Splinter]

Just curious. Is this an odd perk or no? Like I know Fukudome got like 8 round trips to Japan every year in his contract and see that in others, but to be specific on hours instead of round trip to wherever or that you can use it for X amount of hours? Just seem odd to me and was wondering if it was common or not for big signings.

 

private jet use is typically referenced in terms of hours. You don't buy a ticket from New York to Puerto Rico, you use X hours.

 

Ok that makes sense. Thanks. The private plane part went right over my head.

[jersey cubs fan]

Just curious. Is this an odd perk or no? Like I know Fukudome got like 8 round trips to Japan every year in his contract and see that in others, but to be specific on hours instead of round trip to wherever or that you can use it for X amount of hours? Just seem odd to me and was wondering if it was common or not for big signings.

 

private jet use is typically referenced in terms of hours. You don't buy a ticket from New York to Puerto Rico, you use X hours.

 

Ok that makes sense. Thanks. The private plane part went right over my head.

 

With his family in Atlanta I'm guessing this will make it quite easy for him to fly his family to Arizona and back every spring, and then to Chicago when weather warms up/school is done, and then back again in the fall. That would leave him with an opportunity to use it for an offseason vacation as well as fly his wife up for potential playoff games.

[Banedon]

http://i.imgur.com/MFymqWD.jpg

[Tangled Up in Plaid]

ugh [expletive] you so much tom verducci

[Airmandave]

Lester's kid is Jake Wesley

 

I don't know about him, but...

 

 

http://i.imgur.com/UOTeQkm.png

 

[Banedon]

@KerryWood

 

@JLester31 welcome to the Cubs! Humbled that you chose 34 and honored to be referenced with two Hall of Fame greats. #cubs

 

@JLester31

 

@KerryWood Thanks brother, it was an easy choice, and you have my word that I'll represent it well!

[gscool89]

RT @JonHeymanCBS: 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

[Banedon]

RT @JonHeymanCBS: 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

 

David posted the full contract details a page back.

[OleMissCub]

NSBB on the early morning hours of December 10th

 

http://www.gifbin.com/bin/052011/1305637352_players-crazy-celebrating.gif

Edited December 29, 2014 by OleMissCub

[Guest]

What an odd post 18 days later Edited December 29, 2014 by David

[Banedon]

http://img.pandawhale.com/post-51045-Rafi-nailed-it-gif-Imgur-Tumbl-RbHZ.gif

[Sammy Sofa]

OMC's pic is broken; I am going to assume it was some kind of horrible gif of a peasant being torn apart by horses or something.

[Banedon]

OMC's pic is broken; I am going to assume it was some kind of horrible gif of a peasant being torn apart by horses or something.

 

It was a celebration gif.

[Sammy Sofa]

An OMC celebration gif, so I stand by what I said.

[Banedon]

An OMC celebration gif, so I stand by what I said.

 

http://replygif.net/i/108.gif

[OleMissCub]

Fixed. I wonder which NSBB poster was most like that girl in the middle on that night.

[Sammy Sofa]

On the prowl?

[OleMissCub]

On the prowl?

 

Weirdo

[RammyFanny]

Number of times Jon Lester attempted a pickoff throw to first base last year: 0.

[Clem Fandango]

That's some Maddux [expletive] right there