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Tom Ricketts On Jake Arrieta, Luxury Tax

Whether the Cubs extend right-hander Jake Arrieta prior to free agency next winter will be up to president of baseball operations Theo Epstein and general manager Jed Hoyer, chairman Tom Ricketts told Mark Gonzales of the Chicago Tribune. “They have the right perspective on what they have to put a great team on the field this year but have a longer term perspective in realizing decisions that affect this year might hurt us in a few years,” said Ricketts, who added that the reigning World Series champions will be “thoughtful and strategic” in deciding when to exceed the luxury-tax threshold. The Cubs spent past the mark for the first time last year, but they’re on track to avoid the penalty this season, estimates Jason Martinez of Roster Resource and MLBTR. Allowing Arrieta to walk in free agency next year would help the Cubs stay under the limit in 2018, too, though they’d also lose the 2015 NL Cy Young winner and one of the game’s top starters. It seems that will happen, however, as Arrieta’s agent, Scott Boras, could push for a $200MM-plus deal. In the meantime, Arrieta will …Read the Rest

Source:: MLB Trade Rumors

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