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Friday, May 29, 2020  Spokane, Washington  Est. May 19, 1883
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Sports >  MLB

Cubs exercise 2020 club contract option on Jose Quintana

UPDATED: Sat., Nov. 2, 2019

In this Oct. 9, 2017 photo, Chicago Cubs starting pitcher Jose Quintana throws during the first inning of Game 3 of the National League Division Series baseball game against the Washington Nationals in Chicago. (Nam Y. Huh / Associated Press)
In this Oct. 9, 2017 photo, Chicago Cubs starting pitcher Jose Quintana throws during the first inning of Game 3 of the National League Division Series baseball game against the Washington Nationals in Chicago. (Nam Y. Huh / Associated Press)
Associated Press

CHICAGO – The Cubs exercised their $11.5 million option for 2020 on pitcher Jose Quintana on Saturday and declined their $6.5 million option on left-hander Derek Holland, which triggered a $500,000 buyout.

Quintana, a left-hander who turns 31 in January, was 13-9 with a 4.68 ERA in 32 appearances last season. Acquired from the White Sox in July 2017, Quintana is 33-23 with a 4.23 ERA in 78 appearances for the Cubs.

Quintana’s contract, signed with the White Sox in March 2014, originally guaranteed $22 million and included two option years. It will wind up being worth $42 million over seven seasons.

If Chicago had declined the option, Quintana would have received a $1 million buyout.

The 33-year-old Holland was 0-1 with a 6.89 ERA in 20 games for Chicago last season after he was acquired from San Francisco on July 26, a deal that included cash and reduced Chicago’s commitment to $425,000 of Holland’s $6.5 million salary. As part of the trade, San Francisco agreed to pay Chicago $500,000 if the Cubs declined Holland’s option.

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