UPDATE (9:39 ET): Ken Rosenthal tweets that the five-year extension will be worth more than $11M. The exact numbers will vary depending on whether or not he reaches Super Two status.
According to Ken Rosenthal, the Milwaukee Brewers and catcher Jonathan Lucroy are nearing an extension. The deal will be either four or five years. Lucroy, 25, is entering his third year in the majors. After hitting .253/.300/.329 in a limited role in 2010, Lucroy was given the starting job in 2011 and responded with a .265/.313/.391 line in 468 plate appearances for the NL Central Champion Brewers. He threw out only 28% of stolen base attempts, but according to The Fielding Bible Volume III, he is excellent at framing pitches and blocking balls in the dirt.
A four-year extension would buy out Lucroy's final pre-arbitration season and his first three years of arbitration, assuming the deal begins this year. A five-year deal, again assuming the deal starts immediately, would cover his last pre-arbitration season and all four of his arbitration seasons. Lucroy would join Ryan Braun and Rickie Weeks in what the Brewers hope would be a strong core to build a contender around.