Dodgers Negotiating Extension With Colletti

2:51pm: SI's Jon Heyman heard from "people close to the situation" that Colletti is very likely to receive at least a three-year deal.

10:16am: The Dodgers are in long-term contract talks with general manager Ned Colletti, according to Bill Shaikin and Dylan Hernandez of the L.A. Times.  Colletti's current contract has a mutual option for 2010.

Colletti has been on the job since November of 2005.  His work has been a mixed bag.  On the positive side of the ledger (reserving judgment on this summer's trades): the original Nomar Garciaparra signing, the signings of Takashi Saito, Hiroki Kuroda, and Orlando Hudson, and the Andre Ethier and Manny Ramirez acquisitions.  Colletti's second time around with Randy Wolf has worked out extremely well also. 

On the negative side: signings of Brett Tomko, Bill Mueller, Juan Pierre, Jason Schmidt, and Andruw Jones, the Nomar extension, and the waiver claim of Esteban Loaiza.  Hindsight is 20/20, but Colletti also traded Edwin Jackson and Carlos Santana, designated Cody Ross for assignment, and non-tendered Jayson Werth during his tenure.

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