The Chicago Cubs and Kyle Hendricks have agreed to a four-year, $55 million extension.

The extension eliminates Hendricks' last year of arbitration.

Hendricks was 14-11 last season with a 3.44 ERA in a career-high 199 innings and 33 starts.

"Hopefully, watching the way I pitch and get guys out will relate to a lot of younger pitchers," Hendricks said Tuesday. "It's not always about velocity but about the way you go about getting guys out at the major league level."