Clayton Kershaw to sign extension with Dodgers for 8 years/$200 million, according to report

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Clayton Kershaw will be extended for 8 years and $200 million by the Dodgers sooner than later, according to Mike Petriello, who is now a reporter as well as a blogger.

None of that seems all that interesting any longer, because I can reliably report that Clayton Kershaw is going to sign an eight-year, $200m extension with the Dodgers, possibly as soon as tonight. If so, that would blow away all of us — myself included — who thought that $200m was an unattainable goal, though clearly deals since then have impacted that.

No word yet on the structure of the deal, but if it begins in 2013, as I expect it would, then it would cover Kershaw’s age 25-32 seasons. It’s a ludicrous amount of money, but that is exactly the timeframe I want a pitcher, and Kershaw’s obviously the kind of pitcher (and person) you’d want to lock up for that.

It’s not official yet, but I expect it to be in the next 24-48 hours, if not sooner. Much more to come, no doubt.

Most of us speculated that the sky was the limit on his extension, but $200 million warranted skepticism unless they were extending him for a decade. Well, never underestimate the unlimited bank account, I suppose, as $25 million annually is now expected to be a reality.

How the value of this and what not shakes out depends on the details, so I’ll wait to analyze that, but locking up an elite starter through his age 25-32 seasons is hard to complain about. Additionally, given the inflating market, it’s hard to find a realistic alternative to this.

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