Nico Hoerner's $141 million, 6-year Cubs contract includes deferred money payable through 2047

Nico Hoerner's $141 million, six-year contract with the Chicago Cubs includes $10 million in deferred money payable from 2040-47.

By the numbers:

Hoerner has a $12 million salary in 2026, the final season of a $35 million, three-year contract agreed to in March 2023.

His new deal, announced Sunday, includes a $5 million signing bonus payable in equal installments on June 1 this year and in 2027, according to contract details obtained by The Associated Press.

Hoerner gets salaries of $23 million each in 2027 and '28, and $22.5 million annually from 2029-32. Chicago will defer $2.5 million a year from 2029-32, payable in $1.25 million installments each Dec. 31 from 2040-47.

He also gets a full no-trade provision and a hotel suite on road trips.

A 28-year-old second baseman, Hoerner would have been eligible for free agency after this year's World Series. He has a .282 average with 36 homers, 280 RBIs and 134 stolen bases in eight seasons with the Cubs.

Hoerner’s long-term deal was announced three days after All-Star center fielder Pete Crow-Armstrong finalized a $115 million, six-year contract.

What they're saying:

"It means the world," said Hoerner, joined by his fiancée and family at a postgame news conference last week. "There’d be nothing more satisfying than winning a championship in the place you started."

"Our kind of player. Plays like a Cub; needs to be a Cub," president of baseball operations Jed Hoyer said at the same news conference. "He’s so unbelievably consistent.

CubsSports