3:48pm: Christensen adds the annual details: Baker will earn $750K this year, $3MM in '10, $5MM in '11, and $6.5MM in '12. So, $14.5MM for the three arb years.
1:07pm: According to Joe Christensen of the Minneapolis Star-Tribune, the Twins signed pitcher Scott Baker to a four-year deal with an option for 2013. The deal is worth $15.25MM and the '13 option is for $9.25MM. The contract includes this year and his three arb years and gives the team an option on one free agent season. Baker's extension is very similar to Paul Maholm's deal, which was signed on January 30th.
The 27 year-old righty posted a fine 3.45 ERA in 28 starts last year. He has the impeccable control many Twins pitchers have displayed over the years.