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Source: John Danks gets extension

Updated: December 22, 2011, 10:46 AM ET
By Bruce Levine | ESPNChicago.com

The Chicago White Sox and starting pitcher John Danks have reached an agreement on a five-year contract extension, a major league source told ESPNChicago.com on Wednesday night.

Danks will make $65 million with $8 million in 2012 and $14.25 per season for the next four years, according to a major league source.

By agreeing to terms with Danks, the White Sox avoid an arbitration hearing that would've likely cost the team between $9 million and $10 million in 2012. This ...

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