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."

The New York Mets have agreed to a contract extension with Jacob deGrom, according to league sources.

The five-year deal is worth a reported $137.5 million.

The contract includes a 2024 club option and an opt-out for the 2022 season.

If the option is picked up, the deal will be for six years and $170 million.

The Houston Astros and Justin Verlander have agreed to a two-year, $66 million extension. The deal runs through the 2021 season.

Verlander would have become a free agent after the 2019 season.

Verlander was traded from the Detroit Tigers to Houston on Aug. 31, 2017, and helped the Astros win their first World Series that season.

Verlander is entering his 15th season and is now 36 years old.

The Tampa Bay Rays and Blake Snell have agreed to a five-year, $50 million contract extension.

Snell was the AL Cy Young in 2018, finishing the season with a 1.89 ERA and a 21-5 record.

Snell's deal beats the previous records for players with less than three years of service in both total value and average value. Snell was not arbitration eligible as a player with two-plus years of service, either.

Tampa Bay will keep Snell for one projected free-agent season.

The Chicago White Sox have agreed to sign Eloy Jimenez to a six-year, $43 million contract that includes two club options. If exercised, they will bump the sum of Jimenez's deal to $77 million

Jimenez has yet to play a game in the majors and is a top-5 overall prospect. The White Sox acquired Jimenez from the Chicago Cubs in 2017 for Jose Quintana.

Jimenez was slated to begin the season at Triple-A, but now almost certain to begin the season with the White Sox.

Jimenez's guarantee of $43 million nearly doubles the deal Scott Kingery signed last year with the Phillies under the same circumstances.

The Arizona Diamondbacks have agreed to a one-year, $3 million contract with Adam Jones, according to sources.

Jones was named an All-Star five times with the Baltimore Orioles. He was drafted in the first round by the Seattle Mariners in 2003.

He hit .281/.313/.419 with 15 home runs, 63 RBI and seven stolen bases in 2018.

Last July, Jones vetoed a trade to the Philadelphia Phillies.