Rotowire: Dec 22 / 6:24a ET
News: Hughes has agreed to a three-year, $42 million contract extension with Minnesota, the New York Daily News reports.
Impact: The contract will replace the two years and $16 million remaining on his contract to in effect give him a five-year, $58 million deal. Hughes set a major league record for strikeout-to-walk ratio (11.63) in his first season in Minnesota while going 16-10 with a 3.52 ERA.
StatsLLC: Dec 22 / 12:00a ET
News: The Minnesota Twins and Hughes have agreed to a $58 million, five-year contract that adds $42 million in guaranteed money from 2017-19.
Impact: Hughes went 16-10 with a 3.52 ERA in his first season with Minnesota and led the major leagues among qualifying pitchers with an 11.63 strikeout-to-walk ratio. He had been scheduled to make $8 million each of the next two seasons as part of a $24 million, three-year contract he signed as a free agent after leaving the New York Yankees.