SUNDAY, 12:51pm: The Astros and Myers have agreed to an extension that is guaranteed through 2012, per a team release. Houston will hold a club option for 2013 that could vest based on Myers' performance in 2012. The extension guarantees the right-hander at least $21MM, and could earn him up to $29.5MM, including the option and performance incentives.
SATURDAY, 9:06pm: Ed Price of AOL FanHouse tweets that Myers' new deal is expected to cover the 2011 and 2012 seasons with an option for 2013.
3:06pm: The Astros are close to a multiyear deal with Brett Myers, tweets MLB.com's Brian McTaggart. It's an odd time for an extension, but we heard all along the Astros preferred to retain Myers rather than trade him.
Myers, 29, signed a one year deal worth $5.1MM guaranteed this offseason with a $8MM mutual option for 2011 ($2MM buyout). The former Phillie has been better than I think even the Astros hoped he would be, pitching to a 3.10 ERA with 7.0 K/9 and 2.60 BB/9 in 21 starts. He's the only pitcher in the game to make that many starts to complete at least six innings each time out.