CHICAGO (AP) — Pitcher Jose Quintana and the Chicago White Sox agreed Monday to a $21 million, five-year contract that would increase to $26.5 million if he is eligible for salary arbitration after this season.
The deal includes two team options that could add $22 million plus a 2020 escalator based on Cy Young Award voting.
"Jose quickly has established himself as a quality major-league starting pitcher, and along with Chris Sale, we expect him to be an important piece of our rotation for the foreseeable future," White Sox general manager Rick Hahn said in a statement. "Jose brings a tremendous work ethic and professionalism to his approach, and he is well respected by his teammates, so we are excited to be able to reward him for what he has accomplished thus far in his career and possibly keep him in a White Sox uniform for the next seven seasons."
Quintana has 1 year, 133 days of major league service. The cutoff for arbitration eligibility was 2 years, 122 days this year and 2-139 last year.
After agreeing this month to a one-year deal paying $550,000 in the major leagues and $300,000 in the minors, Quintero gets an $850,000 salary this season.
If eligible for arbitration at the end of this year, he would get $3.4 million in 2015, $5.4 million in 2016, $7 million in 2017 and $8.85 million in 2018.
If not eligible for arbitration after this season, Quintana would receive $1 million in 2015, $3.8 million in 2016, $6 million in 2017 and $8.35 million in 2018.