Chicago Cubs infielder Nico Hoerner has reached a contract agreement where significant deferrals will place the net present value of the deal in the mid-$130 million range, according to Ken Rosenthal of The Athletic. The financial specifics regarding the contract's structure were confirmed following reports by Joel Sherman of the New York Post.
The new agreement is scheduled to begin next season. Per Rosenthal, the deal serves as a massive acknowledgement of Hoerner’s defensive value to the franchise. While Hoerner has been a consistent presence in the lineup, he has hit just 36 career home runs, emphasizing that the organization is prioritizing his defensive contributions and overall utility in this long-term commitment.
Details regarding the exact length of the extension and the specific breakdown of the deferred payments have not yet been fully disclosed. The mid-$130 million net present value represents a substantial investment in the infielder's future with the team as they look to solidify their core roster for the coming years.
This is a developing story. Check back for updates.
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