With the MLB regular season under a week away, time is running out for clubs to get pre-season extensions done. The timing isn’t a requirement, of course, and there’s often spillover into the first few weeks of the regular season if things are close, but it’s generally been the case that a lot of extension negotiations end when it’s time to focus on games.
For the Chicago Cubs, there has been nothing finalized on the extension front this offseason, despite some obvious potential targets. That includes pre-arbitration types like Pete Crow-Armstrong, as well as impending free agent types like Nico Hoerner.
A couple very modest updates on those two particular fronts, via Jon Heyman, who writes about 12 possible extension candidates in MLB.
First, on Pete Crow-Armstrong: “The Cubs offered $66M last spring and are believed willing to go significantly higher for their star CF. But there’s no indication anything’s close.”
We know that there have been talks there between the Cubs and PCA, both last offseason and this offseason, but we don’t have a sense of just how serious those talks have been, or what dollars/years have been attached thereto. Pete Crow-Armstrong, who turns 24 next week, is arbitration-eligible for the first time after this season, and is set to hit free agency after 2030. Any extension would probably have to buy the Cubs some free agent control – they’d want team options, I’m sure – but would also have to be sizable enough in dollars for PCA to justify giving up that opportunity if he should blow up over the next few years. It’s a tricky balance to strike when you have a guy who has shown he can be a true superstar, but who is also coming off some pretty serious retrenchment at the plate in the second half of 2026.
Throw in the upcoming Collective Bargaining Agreement negotiation, which could fundamentally alter spending in MLB in ways we cannot fully predict right now, and it’s simply a challenging environment to find a perfect match on a long-term deal. But teams are pulling it off, and sometimes players just want that security. I really hope the Cubs are giving this serious attention.
Similarly, with Nico Hoerner headed for free agency, I hope the Cubs have at least seriously engaged such a critical player about his future. Realistically, no, I don’t think the Cubs will be willing to commit enough for Hoerner to forgo a free agency that – if he has another big year – could see him getting a monster contract (much larger than I think folks are expecting). But he’s so valuable on the field, and so important off the field, that the Cubs at least have to take a swing, right? A swing that tops nine figures, if they want to be serious about it.
The Heyman line on Hoerner isn’t too deep, by the way: “He’s seen by some as the ‘lifeblood’ of the Cubs, and there’s at least been more noise about them locking him up than their two other star free agents (Seiya Suzuki and Ian Happ).”
True, though it’s not a lot of noise in any case, at least not publicly. That’s the way the Cubs have long preferred to keep things, and we’ll just have to hope for a surprise news drop of an extension over the next few weeks.
Gut says a deal with PCA is plausible. A deal with Hoerner is unlikely, though the sides did get together once before on a mini extension a few years back (which is why the Cubs have this one additional year of control in 2026 in the first place).
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