4:00pm: The AP has the yearly salaries.
1:49pm: Danny Knobler says Greinke’s deal is worth $38MM.
12:04pm: According to Sports Radio 810 in Kansas City, the Royals signed starter Zack Greinke to a four-year extension. The deal buys out two arbitration years (2009-10) and two free agent years (2011-12). Here’s the press release from the Royals. This will probably end up being Dayton Moore’s most important move of the offseason. Craig Brown offers instant commentary and a guess at the terms.