The Los Angeles Angels of Anaheim have signed starting pitcher Jered Weaver to an $85 million, five-year extension, according to Jon Heyman of Sports Illustrated. The extension includes a full no-trade clause, according to Tim Brown of Yahoo Sports.
Weaver, 28, was scheduled to hit the open market after next season. Some, such as ESPN's Buster Olney, believe Weaver could have commanded a nine-figure contract if he tested the waters. Instead, the Southern California product will stay at home with the Angels through 2016. By signing the extension, the Angels essentially buy out Weaver's final arbitration year and four seasons following it.
A former first round selection, Jered Weaver is having a career year and is in the Cy Young running for the second consecutive season. Weaver is posting a 2.10 ERA to go along with a 3.76 strikeout-to-walk ratio and is on pace to exceed 200 innings for the third year in a row.
As Bill Shaikin of the Los Angeles Times notes, the Angels gave Jered Weaver the largest contract in team history for a pitcher. Outfielder Torii Hunter's $90 million deal is the team record. The Angels will hold a press conference on Tuesday to announce the contract extension between them and ace Jered Weaver.