Farnsworth, Cubs agree to $1.4 million deal
Farnsworth, who appeared in 77 games last season while striking out 92 in 76 1-3 innings, had asked for $1.7 million, while the Cubs countered with an offer of $1.1 million. The 27-year-old right-hander made $600,000 last season, when he went 3-2 with a 3.30 ERA.
"We had a very fair negotiation. I don't think either side thought it would come to" a hearing, Cubs general manager Jim Hendry said.
The 6-foot-4 Farnsworth is known for his fastball that has been clocked in the 100 mph range. He will be entering his sixth season with the Cubs.
"We feel good about the moves we made in the winter," Hendry said.
Hendry, who spoke earlier this week with Maddux's agent, Scott Boras, said there were no major developments between the sides Wednesday.
Last month, the Cubs made a two-year offer said to be worth between $10 million and $12 million. The four-time Cy Young Award winner began his career with Chicago.
This story is from ESPN.com's automated news wire. Wire index