The White Sox announced Monday they agreed to terms on a five-year contract with starting pitcher Jose Quintana, which includes two club options.

If Quintana is eligible for arbitration following the 2014 season, the total guaranteed dollars would be $26.5 million. If Quintana is not eligible for arbitration after the 2014 season, the total guaranteed dollars would be $21 million. The White Sox would hold options for 2019 at $10.5 million and for 2020 at $11.5 million. If either option is declined, Quintana would receive a $1-million buyout.

"Jose quickly has established himself as a quality major-league starting pitcher, and along with Chris Sale, we expect him to be an important piece of our rotation for the foreseeable future," said Rick Hahn, White Sox senior vice president/general manager. "Jose brings a tremendous work ethic and professionalism to his approach, and he is well respected by his teammates, so we are excited to be able to reward him for what he has accomplished thus far in his career and possibly keep him in a White Sox uniform for the next seven seasons."