Cubs news: Cubs, Pete Crow-Armstrong agree to long-term contract extension

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HOUSTON, TEXAS - MARCH 10: Pete Crow-Armstrong #4 of Team United States rounds the bases after hitting a three-run home run against Team Italy in the sixth inning during the 2026 World Baseball Classic at Daikin Park on March 10, 2026 in Houston, Texas. (Photo by Kenneth Richmond/Getty Images) | Getty Images

Tonight, ESPN’s Jeff Passan broke the news that Cubs fans have been waiting for.

BREAKING: Center fielder Pete Crow-Armstrong and the Chicago Cubs are finalizing a long-term contract extension, sources tell ESPN. Crow-Armstrong, coming off a 30-30 season and a Gold Glove, will get a big payday as the Cubs lock up a franchise-caliber talent.

— Jeff Passan (@JeffPassan) March 24, 2026

We have no details as of yet on the length of the deal or how much money Pete Crow-Armstrong will get. Bob Nightengale reports that it will be more than $100 million, which is a safe report, honestly.

Pete Crow Armstrong, who bet on himself when he rejected the Cubs’ extension offer of a year ago, watches his patience pay off as he and the Cubs close on a $100-million plus contract extension. He’ll be second-highest paid Cub behind only Alex Bregman.

— Bob Nightengale (@BNightengale) March 24, 2026

Most observers have used the extension that Corbin Carroll signed with the Diamondbacks before the 2023 season as a point of reference: eight years and $111 million. However, there has been three years of contract inflation since then and PCA has accomplished more at this point than Carroll had before 2023, so I’d expect whatever Crow-Armstrong signed to be north of that.

Crow-Armstrong has said before that he loves Chicago and that he wants to be a Cub long-term. The Cubs have indicated that they’d like him around for a while. It looks like both sides got their wish.

We will update this article as more information becomes available.

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