All-Star shortstop gets four-year, $23.25M extension

By Jon Heyman, SI.com

The Mets have signed star shortstop Jose Reyes to a four-year, $23.25-million contract extension. The team will announce the signing this aftenoon.

The 23-year-old All-Star is batting .293 with 10 home runs, 45 RBIs and a National League-best 44 stolen bases.

The team has an option for a fifth year at $11 million. The contract calls for a $1.5 million signing bonus and salaries of $2.5 million, $4 million, $5.75 million and $9 million and a $500,000 buyout if the fifth year is not picked up.

The deal keeps Reyes under team control for at least his first year of free-agent eligibility and possibly two if the Mets exercise the option.

"I think it's going to be great for me and my family. I know now I'm going to be here a long time. I don't have to worry about that stuff anymore," Reyes said.

His agent, Peter Greenberg, said Reyes agreed to the contract to gain security and "set him up for life.''

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