Drew Smyly Signs with Chicago Cubs

Contract Details

Drew Smyly has inked a lucrative deal with the Chicago Cubs, signing a two-year, $19 million contract with a mutual option for a third year. This contract includes a $19 million guaranteed salary.

Salary and Bonuses

Smyly will earn an annual salary of $8 million during the contract period. Additionally, his contract includes a $0 signing bonus.

Net Worth and Career Earnings

Drew Smyly's estimated net worth stands at $62,795,155. Over the course of his career, he has accumulated a significant amount of wealth through his baseball earnings.

2022 Salary and Option

In 2022, Smyly will earn a base salary of $4.25 million. The contract also includes an option that can be exercised by either party, or a buyout clause of $1 million.

Potential Earnings and Incentives

Smyly has the potential to earn even more under this contract. Over the three-year period, he could earn up to $41.5 million. His salaries for 2024 and 2025 may increase by up to $3 million based on his performance and innings pitched in the previous season.