Kyle Hendricks

Chicago Cubs, Starting Pitcher
Age: 34-311d (Dec 07, 1989)
Exp: 9.081 Years
Country: US
College: Dartmouth (NH)
Drafted: Round 8 (#264 overall), 2011
Agent(s): Wasserman
2024 Payroll Salary

$16,500,000

2024 Cash

$16,500,000

Career Earnings

$76,649,468

2020-2024 Arbitration Extension (CURRENT)

Kyle Hendricks signed a 4 year , $55,500,000 contract with the Chicago Cubs, including $55,500,000 guaranteed, and an average annual salary of $13,875,000. In 2024, Hendricks will earn a base salary of $16,500,000, while carrying a total salary of $16,500,000.
Contract Terms:
4 yr(s) / $55,500,000
Average Salary:
$13,875,000
Signing Bonus:
N/A
Free Agent:
2025 / UFA
Year Age Status PayrollAnnual Luxury Tax Tax % League Tax Cash Annual Cash Cumulative
2020 30
ARB 3
$4,444,444 $13,875,000 6.67% $4,444,444 $4,444,444
2021 31 $14,000,000 $14,000,000 6.67% $14,000,000 $18,444,444
2022 32 $14,000,000 $13,875,000 - $14,000,000 $32,444,444
2023 33 $14,000,000 $13,875,000 5.95% $14,000,000 $46,444,444
2024 34
Club
$16,500,000 $14,500,000 6.12% $16,500,000 $62,944,444
2025 35
UFA
Year Age Service Status Base Salary Incentives Likely Incentives Unlikely Payroll Salary Luxury Tax
2020 30 5.081
ARB 3
$12,000,000 - - $4,444,444 $13,875,000
2021 31 6.081 $14,000,000 - - $14,000,000 $14,000,000
2022 32 7.081 $14,000,000 - - $14,000,000 $13,875,000
2023 33 8.081 $14,000,000 - - $14,000,000 $13,875,000
2024 34 9.081
Club
$16,500,000 - - $16,500,000 $14,500,000
2025 35 --
UFA
Year Age Status Base Salary Cash Total Cash Cumulative AYC Cumulative AYC Remaining
2020 30
ARB 3
$4,444,444 $4,444,444 $4,444,444 $4,444,444 $12,588,889
2021 31 $14,000,000 $14,000,000 $18,444,444 $9,222,222 $14,625,000
2022 32 $14,000,000 $14,000,000 $32,444,444 $10,814,815 $14,833,333
2023 33 $14,000,000 $14,000,000 $46,444,444 $11,611,111 $15,250,000
2024 34
Club
$16,500,000 $16,500,000 $62,944,444 $12,588,889 $16,500,000
Contract Notes
  • 2024 option defaults to $16M Club including $1.5M buyout
  • 2024 option vests if Top 3 in 2020 Cy Young voting (not met)
  • Annual Cy Young Escalator (Max $3M per year)
    1st: $2M
    2nd-3rd: $1M
    4th-5th: $750,000
    6th-10th: $500,000
Source: MLB contract specifics generally collected from verified reports.

2019-2019 Arbitration

Kyle Hendricks signed a 1 year , $7,405,000 contract with the Chicago Cubs, including $7,405,000 guaranteed, and an average annual salary of $7,405,000.
Contract Terms:
1 yr(s) / $7,405,000
Average Salary:
$7,405,000
Signing Bonus:
N/A
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2018-2018 Arbitration

Kyle Hendricks signed a 1 year , $4,175,000 contract with the Chicago Cubs, including $4,175,000 guaranteed, and an average annual salary of $4,175,000.
Contract Terms:
1 yr(s) / $4,175,000
Average Salary:
$4,175,000
Signing Bonus:
N/A
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2017-2017 Pre-Arb

Kyle Hendricks signed a 1 year , $760,500 contract with the Chicago Cubs, including $760,500 guaranteed, and an average annual salary of $760,500.
Contract Terms:
1 yr(s) / $760,500
Average Salary:
$760,500
Signing Bonus:
N/A
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2016-2016 Pre-Arb

Kyle Hendricks signed a 1 year , $541,000 contract with the Chicago Cubs, including $541,000 guaranteed, and an average annual salary of $541,000.
Contract Terms:
1 yr(s) / $541,000
Average Salary:
$541,000
Signing Bonus:
N/A
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2015-2015 Pre-Arb

Kyle Hendricks signed a 1 year , $510,000 contract with the Chicago Cubs, including $510,000 guaranteed, and an average annual salary of $510,000.
Contract Terms:
1 yr(s) / $510,000
Average Salary:
$510,000
Signing Bonus:
N/A
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2014-2014 Pre-Arb

Kyle Hendricks signed a 1 year , $500,000 contract with the Chicago Cubs, including $500,000 guaranteed, and an average annual salary of $500,000.
Contract Terms:
1 yr(s) / $500,000
Average Salary:
$500,000
Signing Bonus:
N/A
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2011-2011 Signing Bonus

Kyle Hendricks signed a 1 year , $125,000 contract with the Texas Rangers, including $125,000 guaranteed, and an average annual salary of $125,000.
Contract Terms:
1 yr(s) / $125,000
Average Salary:
$125,000
Signing Bonus:
N/A
To see the rest of the Kyle Hendricks's contract breakdowns, & gain access to all of Spotrac's Premium tools, sign up today. Already Subscribed? Login Here
Seasons

9.081 Years

Career Earnings thru 2024

$76,649,468

Earnings w/ Different Teams

2 teams

Earnings Per Year

Year Age Team(s) Status Cash Total Cash Cumulative Awards
2011 21
Signing Bonus
$125,000
$125,000
2014 24
Active
$188,524
$313,524
2015 25
Active
$510,000
$823,524
2016 26
Active
$541,000
$1,364,524
Champion
2017 27
Active
$760,500
$2,125,024
2018 28
Active / Arb Avoided
$4,175,000
$6,300,024
2019 29
Active / Arb Avoided
$7,405,000
$13,705,024
2020 30
Active
$4,444,444
$18,149,468
2021 31
Active
$14,000,000
$32,149,468
2022 32
Injured
$14,000,000
$46,149,468
2023 33
Active
$14,000,000
$60,149,468
2024 34
Active / Club Exercised
$16,500,000
$76,649,468
Total      
$76,649,468
$76,649,468
Total
$76,649,468

Earnings Per Team

Years Team Base Signing Incentives Cash Cumulative
1 - $125,000 - $125,000
11 $76,524,468 - - $76,524,468
Year Team(s) Age Base Signing Incentives Cash Total Cash Cumulative
2011
21
$125,000
$125,000
$125,000
2014
24
$188,524
$188,524
$313,524
2015
25
$510,000
$510,000
$823,524
2016
26
$541,000
$541,000
$1,364,524
2017
27
$760,500
$760,500
$2,125,024
2018
28
$4,175,000
$4,175,000
$6,300,024
2019
29
$7,405,000
$7,405,000
$13,705,024
2020
30
$4,444,444
$4,444,444
$18,149,468
2021
31
$14,000,000
$14,000,000
$32,149,468
2022
32
$14,000,000
$14,000,000
$46,149,468
2023
33
$14,000,000
$14,000,000
$60,149,468
2024
34
$16,500,000
$16,500,000
$76,649,468
Total
$76,524,468
$125,000
$76,649,468
$76,649,468
Total
$76,524,468
$125,000
$76,649,468

Earnings Per Team

Years Team Base Signing Incentives Cash Cumulative
1 - $125,000 - $125,000
11 $76,524,468 - - $76,524,468

Injuries

Year Dates Reason
2024 CHC Apr 23, 2024 - May 12, 2024 Back
2023 CHC Mar 30, 2023 - May 25, 2023 Shoulder
2022 CHC Jul 06, 2022 - Oct 05, 2022 Shoulder
2019 CHC Jun 16, 2019 - Jul 02, 2019 Shoulder
2017 CHC Jun 08, 2017 - Jul 24, 2017 Hand
  • Nov 05, 2023 Chicago (CHC) exercised a $16.5 million option for 2024
  • Mar 26, 2019 Signed a 4 year $55.5 million contract extension with Chicago (CHC)
  • Jan 11, 2019 Signed a 1 year $7.405 million contract with Chicago (CHC), avoiding arbitration
  • Jan 12, 2018 Signed a 1 year $4.175 million contract with Chicago (CHC), avoiding arbitration
  • Mar 09, 2017 Signed a 1 year $761k contract with Chicago (CHC)
  • Mar 04, 2016 Signed a 1 year $541,000 contract with Chicago (CHC)
  • Mar 05, 2015 Signed a 1 year $510,000 contract with Chicago (CHC)
  • Jul 10, 2014 Contract purchased by Chicago (CHC)
  • Jul 10, 2014 Signed a contract with Chicago (CHC)
  • Jul 31, 2012 Traded to Chicago (CHC) from Texas (TEX) with Christian Villanueva for Ryan Dempster
  • Jun 10, 2011 Signed a contract with Texas (TEX)
  • Jun 07, 2011 Drafted by Texas (TEX): Round 8 (#264 overall)
Year Team GP GS H R ER BB K HR W L SV IP ERA WHIP WAR
2024 CHC 29 24 147 88 86 43 87 21 4 12 0 130.7 5.92 1.45 -1.54
2023 CHC 24 24 138 68 57 27 93 13 6 8 0 137.0 3.75 1.20 1.37
2022 CHC 16 16 85 45 45 24 66 15 4 6 0 84.3 4.80 1.29 0.57
2021 CHC 32 32 200 101 96 44 131 31 14 7 0 181.0 4.77 1.35 0.78
2020 CHC 12 12 73 26 26 8 64 10 6 5 0 81.3 2.88 1.00 1.98
2019 CHC 31 30 168 78 68 32 150 19 11 10 0 177.0 3.46 1.13 3.32
2018 CHC 33 33 184 82 76 44 161 22 14 11 0 199.0 3.44 1.15 2.76
2017 CHC 25 24 126 49 47 40 123 17 7 5 0 139.7 3.03 1.19 3.50
2016 CHC 32 30 141 53 44 44 170 15 16 8 0 190.0 2.08 0.97 5.40
2015 CHC 32 32 166 82 79 43 167 17 8 7 0 180.0 3.95 1.16 1.57
2014 CHC 14 13 72 24 22 15 47 4 7 2 0 80.3 2.47 1.08 2.86

Calculated Market Value

Market Value

  • 1 years, $4,079,034
  • Avg. Salary: $4,079,034
  • MLB Rank: 311
  • SP Rank: 91

Current Contract

  • Free Agent: 2025
  • Avg. Salary: $13,875,000
  • MLB Rank: 118
  • SP Rank: 42

Comparable Players

We've selected the following players based on their age, contract status, and statistical production to compare Kyle Hendricks to.

Player Length Value Avg. Salary Age When Signed
Alex Cobb 2 $20,000,000 $10,000,000 34
Carlos Carrasco 1 $2,000,000 $2,000,000 36
Clayton Kershaw 2 $10,000,000 $5,000,000 35
Averages 2 $10,666,667 $5,666,667 35.0

Base Calculated Value

After adjusting the above contracts as if signed at Hendricks's current age (34), a linear regression is performed, providing us with the following initial value.

Length Value Avg. Salary
3 $14,045,454 $4,681,818

Statistical Comparisons

Now we'll compare our variables and Hendricks statistically over the two seasons prior to their signing. In this case we're analyzing: GS/Yr, IP, K/9, BB/9, ERA, WHIP, FIP, WAR

Player GS/Yr IP K/9 BB/9 ERA WHIP FIP WAR
Alex Cobb
2020-2021
14.00 5.20 7.99 3.14 4.03 1.30 3.90 3.36
Carlos Carrasco
2022-2023
24.50 4.94 7.80 3.12 5.39 1.51 4.69 -0.08
Clayton Kershaw
2022-2023
23.00 5.61 9.56 2.18 2.37 1.00 3.30 5.37
Average 20.50 5.25 8.45 2.81 3.93 1.27 3.96 2.88
Kyle Hendricks
2023-2024
24.00 5.05 6.05 2.37 4.84 1.33 4.40 -0.12
Pct Change 17.07 -3.81 -28.40 15.66 -23.16 -4.72 -11.11 -104.17
Median Prime % Change -7.92%
Average Prime % Change -17.83%

Calculated Market Value: Kyle Hendricks

After applying our Prime % figures into our base calculated value, we're given two values. The average of these values becomes our current calculated market value.

Terms Avg. Salary
1 years, $4,079,034 $4,079,034
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