The San Diego Padres have locked up catcher Nick Hundley to a three-year deal that will keep him under contract through 2014, with a club option (no buyout) for 2015. Hundley will make a guaranteed $9M, though he can earn up to $14M in total.

According to Dan Hayes of the North County Times, the "injury factor" allowed the Padres to lock Hundley up at a relatively cheap price.

• Twitter / @FollowThePadres: #Padres deal with Nick Hun ...
  "#Padres deal with Nick Hundley covers his arbitration years. The club option for 2015 would be his first year of being eligible for FA."
• Twitter / @NCTPadres: Injury factor allowed team ...
  "Injury factor allowed team to get a more affordable contract for Nick Hundley. Salary for '12 stays at $2 mil. #Padres"
• Twitter / @NCTPadres: Nick Hundley contract can ...
  "Nick Hundley contract can be worth up to $14 million over four years. No buyout for the 2015 option."
• Twitter / @Ken_Rosenthal: Hundley 3-yr deal with #Pa ...
  "Hundley 3-yr deal with #Padres worth $9M. Includes this season. Option for fourth year. First reported by @FollowthePadres. #MLB"