(CBS) As expected, the Cubs extended qualifying offers to right-hander Jake Arrieta and closer Wade Davis ahead of the 4 p.m. deadline Monday.
The qualifying offer is a one-year deal for $17.4 million for the 2018 season. Arrieta, Davis and others across baseball who were extended offers now have 10 days to accept or decline.READ MORE: SUV Crashes Into Jefferson Park Home, Landing In Basement; Driver Hospitalized
The Cubs’ extension of the qualifying offer means they’ll receive draft pick compensation should Arrieta and/or Davis choose to sign elsewhere. That compensation would likely be a pick after the second round.READ MORE: COVID-19 Update: Indiana Reports 736 New COVID-19 Cases, 17 Additional Deaths
As one of the most sought-after starter pitchers on the open market, Arrieta is expected to decline the qualifying offer. Arrieta, who turns 32 in March, went 14-10 with a 3.53 ERA and 1.22 WHIP in 2017.MORE NEWS: Coronavirus In Illinois: Officials Report 1,249 New COVID-19 Cases, Including 22 Additional Deaths
There’s an outside chance Davis could accept the qualifying offer, as the $17.4 million payday would make him the game’s highest-paid closer in 2018. He had 32 saves and a 2.30 ERA this past season.