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Indians Sign Carmona To Extension

11:46am: Rosenthal says it's $15MM over the four guaranteed years; that's about the going rate.  That implies the free agent options average about $11MM per year.

My own opinion - the Indians still aren't likely to re-sign Sabathia, but this deal has little bearing on that.  Perhaps the cost certainty and discount increase the chances ever-so-slightly.

10:12am: Castrovince has some details.  Carmona actually gets four guaranteed years.  The total package could be worth $43-48MM over seven years.

9:34am: According to ESPN's Buster Olney, the Indians have signed starter Fausto Carmona to a three-year contract extension with club options for 2012-14.  A news conference is scheduled for this afternoon.  MLB.com's Anthony Castrovince first suggested the possibility of a Carmona extension back in December.  I'm guessing $8MM or so is guaranteed over 2009-11, but we'll see. 

Carmona, 24, broke out last year with 215 innings of 3.06 ball.  He'll inherit the ace title if C.C. Sabathia departs after the season. 


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