The White Sox and Liam hendriks agreed to a three-year deal with a club option for a fourth, per source; the deal is worth $ 54 million guaranteed.
– Mark Feinsand (@Feinsand) January 12, 2021
The deal is pending a physical and includes a club option for the fourth year. It’s worth $ 54 million in total, Feinsand reports.
Athletic’s Ken Rosenthal reports that Hendriks’ buyout will be worth $ 15 million, equivalent to his fourth-year salary. So whether he launches for the White Sox or is bought out, he will receive $ 15 million in 2024.
Here’s how Hendriks treats the White Sox, according to the sources: He’s guaranteed $ 54 million. The redemption is worth the same as the option. So, he receives $ 39 million for the first three years, then an additional $ 15 million over a period of time if the White Sox decline the option. If the White Sox pickup option is four years, $ 54 million.
– Ken Rosenthal (@Ken_Rosenthal) January 12, 2021
Several reports indicate that the Toronto Blue Jays have shown interest in Hendriks this offseason. He was seen meeting Jays chief executive Mark Shapiro earlier this month in Dunedin.
Hendriks posted his second straight season off fires last year, averaging 1.78 with 14 saves in 24 appearances. It was a similar performance to his numbers from two seasons ago where he posted a 1.80 ERA with a whopping 124 strikeouts in 85.0 innings.
That’s a far cry from the first seven seasons of his career, where he threw a 4.72 ERA in 245 appearances.
A native of Perth, Australia, Hendriks also spent time with the Blue Jays, Kansas City Royals and Minnesota Twins during his Big League career.