Markakis Finalizes Extension With Orioles

fielder Nick Markakis and the Baltimore Orioles have made "real progress" in their contract-extension negotiations in recent days, according to club president Andy MacPhail.

One source told Connolly that the two sides are close to agreeing to a six-year deal worth between $64MM and $66MM in guaranteed money.

Markakis, 25, hit .306 with 20 home runs and 87 RBI in 2008.

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