Ian Kinsler was signed to a five year contract extension, with a team option for 2013.
This effectively voids the $400k contact he signed the other day as it goes into effect now. The total dollar value is $22 million for the five years. The sixth year is a $10 million option with a $500k option.
More details as they come in.
UPDATE: I’ve got a breakdown of the 5 year guaranteed stuff. It does replace the $400k contract for 2008.
Signing Bonus: $1 Million
2008: $500,000
2009: $3 Million
2010: $4 Million
2011: $6 Million
2012: $7 Million
2013: $10 Million club option w/ $500k buyout