SATURDAY, 1:31pm: Tacking on a sixth year to a new contract for Verlander could cost the Tigers an additional $20MM, writes Tom Gage of The Detroit News.
FRIDAY, 4:27pm: The sides will likely reach a deal if the Tigers guarantee a sixth year, according to Jon Paul Morosi and Ken Rosenthal of FOX Sports. Verlander has avoided team options in the past so a club option seems unlikely.
1:10pm: The Tigers have started talking with Justin Verlander about a long-term deal, tweets Yahoo's Jeff Passan. The sides are discussing a five-year $75MM deal, but Verlander wants a sixth year guaranteed.
Felix Hernandez's five-year $78MM deal would serve as a baseline for a possible Verlander deal. The Mariners bought out two of Hernandez's arbitration years, plus three free agent years. The Tigers are looking to do the same with Verlander, who is on track to hit free agency after the 2011 season.
Verlander, who turns 27 next month, led the American League in wins, strikeouts and innings pitched last year. It was a return to form after a disappointing 2008 season. Verlander has pitched at least 200 innings in each of the last three seasons. He was named AL Rookie of the Year in 2006 and pitched a no-hitter the following year.
Verlander filed for $9.5MM in arbitration earlier this month, while the Tigers offered $6.9MM.