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Justin Verlander and Buster Posey both signed gigantic contract extensions, underscoring a growing trend in baseball: the death of free agency. Already signed through 2014, Verlander's extension with the Tigers will last five years and pay him $14...

As the calendar flipped over to June last season, the Dodgers faced what seemed like an easy decision. Six and a half months earlier, they had signed All-Star center fielder Matt Kemp to a $160 million contract extension, ensuring that their fran...

The Tampa Bay Rays signed Evan Longoria to a six-year, $100 million contract extension, a deal that locks up the All-Star third baseman through at least 2022 and offers a glimpse into the future of the Rays and the sport. Longoria, 27, was signed ...

Cole Hamels agreed to terms on a contract extension with the Phillies that will pay him $144 million over six years. Looks like the biggest move of the trade deadline [puts on sunglasses] ... wasn't a trade at all. The deal is the second-largest eve...

When news broke Thursday that the Jays had signed Edwin Encarnacion to a three-year, $29 million extension, you could be forgiven for thinking these three little words: That's so Alex. Since taking the reins in Toronto in October 2009, Alex Anthop...

Three big contract extensions in 24 hours. How'd the Indians, Rangers, and Reds do? Let's take a look. Carlos Santana signs a five-year, $21 million deal with the Indians that includes a $12 million club option for a sixth year. Seven years...

When the news broke that the Giants had signed Matt Cain to a five-year, $112.5 million contract extension a year before he could hit the free-agent market, the first thought that popped into my head was opportunity cost. An economic term, opport...