Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

White Sox Give John Danks $65 Million Contract After 8-12 Season

Dec. 29 (Bloomberg) -- The Chicago White Sox agreed to terms on a five-year, $65 million deal with pitcher John Danks, a 26-year-old left-hander who has a 54-56 record over five Major League Baseball seasons.

Danks had an 8-12 record with a 4.33 earned run average in 27 starts for the White Sox last season. After losing his first eight decisions, Danks went 8-4 with a 3.69 ERA.

Danks, who broke into the major leagues with the White Sox in 2007, will receive $8 million in 2012, which would have been his final season of arbitration eligibility. He’ll get $14.25 million each season from 2013 through 2016, the White Sox said in a statement on their website.

Danks went 15-11 during the 2010 season and ranks fourth among American League left-handed pitchers with 48 wins over the past four years, trailing Jon Lester of the Boston Red Sox, CC Sabathia of the New York Yankees and former teammate Mark Buehrle, who signed with the Florida Marlins as a free agent in December.

To contact the reporter on this story: Erik Matuszewski in New York at matuszewski@bloomberg.net

To contact the editor responsible for this story: Michael Sillup at msillup@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.