The Cubs Win the Pennant! The Cubs Win the Pennant!

In three years, when the Cubs win the NL Central, we'll look back to a little-noticed signing back on Monday as the watershed event.

Continuing a trend that has been documented here before, Theo Epstein and Jed Hoyer locked up future star first baseman Anthony Rizzo for the next seven -- and possibly nine -- years. The $41 million contract provides Rizzo with a big raise over his 2013 salary of $498K, sidesteps four years of arbitration and buys out year one of free agency. It also allows the team to retain Rizzo's services in 2020 and 2021 for $14.5 million each year, a mere pittance by then if Rizzo is even a twinkle of his current potential.

In case you're wondering why the fuss, this is it: The 240-pound Floridian has been a hot prospect since Theo drafted him for the Red Sox, Hoyer traded for him when he worked for the Padres and then again when they joined forces in Chicago.

In his 125 Major League games with the Cubs, Rizzo has vindicated his supporters, hitting .282/.344/.482 and 24 homers -- about a 33 home run pace. The lefty has abused pitchers from both sides, home and away, and in the dog days. And he's just 23.

A decade ago, Rizzo might have elicited yawns. Shake a tree and a slugging first baseman falls out. Pujols, Teixeira, Thome, Helton, Delgado, Morneau, Konerko, Palmeiro and the list went on. Today though, first base is no longer the premium offensive position. After Votto, Gonzalez and Fielder it drops off precipitously to the likes of Ike Davis and Eric Hosmer. 

So if he's such a stud, why sign away his future? For reasons we've documented before having to do with the marginal utility of money. Rizzo is now guaranteed $41 million even if he spontaneously combusts tomorrow. The millions he might be leaving on the table mean a lot less to him than the millions he is now guaranteed. Starting today, the Rizzo clan is set for life. Nix the deal and break his leg, and it could all go away. In effect, big league clubs are selling their young stars insurance, and keeping the premium for themselves. In addition, they avoid the psychic pain of arbitration battles.

It's another data point in a growing trend in MLB. Before the season, the D-backs inked Paul Goldschmidt to a similar contract. Allen Craig passed up arbitration and a year of free agency in his new deal with the Cardinals. The Brewers are already thrilled with their investment in catcher Jonathan Lucroy. He delivered 4.1 wins against replacement in their deal's first year (batting .320), recouping their $10 million guarantee, and then some, in the contract's first year.

With Rizzo and fellow 23-year-old shortstop Starlin Castro locked up through 2019, a boatload of money for free agents and a farm system stuffed fat with prospects, the Cubs' future is so bright they'll need sunblock. They're bottom feeders this year, but don't let that fool you. Epstein and Hoyer are building a solid club with creativity and cost-efficiency at Wrigley and they're going to win some pennants before the decade is out.

More Fun With the Projector

Do you fantasize about Paul Goldschmidt's 2013 longball contributions to your keeper league team? Is Trevor Plouffe's second-year power surge and position flexibility dancing in your Hot Stove dreams?  Are you dying to see the gauge on Andy Pettite's gas tank?

Then it's time to talk more projections. Bill James is out with the first set and there's plenty to feast on. First, if you haven't read the rules of the road, they're here. Keep in mind that making predictions is easy; getting them right is hard. (Besides, these aren't predictions, they're projections. Stalagmite, stalactite.)

So let's peek ahead at what's in store for a handful of intriguing players for 2013.

Ichiro Suzuki
2010 .315/.359/.394
2011 .272/.310/.335
2012 .283/.307/.390
2013 .294/331/.370

Ichiro is the only 39-year-old on the planet projected for a bounce-back. That's due in large part to his second-half burst with the Yankees last season (.322/.340/.454) and in part to the assumption that he'll be leading off with Murder's Row behind him in the Bronx's Offense Smiley Face Stadium.

Justin Morneau
2010 .345/.437/.618, 18 homers in 81 games
2011 .227/.285/.333, 4 homers in 69 games
2012 .267/.333/.440, 19 homers in 134 games
2013 .271/.348/.459, 21 homers in 137 games

Multiple concussions derailed a near-great career but Morneau quietly rebounded last year with a nearly full season. His on-base and slugging skills have not returned with him though, leaving him a below-average first-baseman. James's projection tools suggest, alas, that Morneau has roughly found his new level.

Carl Crawford
2010 .307/.356/.495, 47 steals
2011 .255/.289/.405, 18 steals
2012 .282/.306/.479, 5 steals (31 games)
2013 .274/.318/.413, 36 steals

Before Dodger fans jump out their windows over this desultory projection, they should remember that this is a repeat of Crawford's 2008 in St. Petersburg when the Rays went to the World Series. In offense-crushing Chavez Ravine, this is more faint praise than damning and if any part of the equation rests on Crawford's rehabbing elbow then better days may lie ahead. That's important to L.A. because he's signed to a king's ransom through his 36th birthday in 2017.

Starlin Castro
2011 .307/.341/.432, 10 homers, nine triples, 35 BB, 96 K, 22/9 in steals
2012 .283/.323/.430, 14 homers, 12 triples, 36 BB, 100 K, 25/13 in steals
2013 .304/.346/.448, 12 homers, 10 triples, 38 BB, 86 K, 24/12 in steals

If this looks familiar it's because it's Alfonso Soriano's early career: a speedy, undisciplined middle infielder with good bat control and occasional pop. The question for the Castro is whether he develops his power or some discipline, or optimally, both. James's system has the arrow pointing towards an uptick in strike zone aptitude, which will be necessary if BABIP ever turns on the Cubs' shortstop. This is a guy with high potential for turning the corner to super-stardom or face-planting on a sub-.300 OBP and an impatient manager.

Paul Goldschmidt
2011 .250/.333/.474, 8 homers in 48 games
2012 .286/.359/.490, 20 homers in 145 games
2013 .283/.375/.501, 27 homers in 153 games


Well, since you asked. While you were busy watching amateurs croon and celebrities prance on your home glow box, this 230-pound first baseman authored an adept first chapter in MLB. With just 177 plate appearances in his rearview, Goldschmidt gave Arizona a batting line 23% above average and 3.7 wins above replacement. The projector suggests that Goldschmidt is on his way to becoming a "Three True Outcomes" player who fans, walks and wallops homers at high rates. (Think Adam Dunn, Mark Reynolds.) When guys like that hit .283 they're major contributors.

We'll take a few more strolls through this meadow over the course of the long baseball-less winter.