The Los Angeles Dodgers will officially announce an eight-year, $160 million contract extension with outfielder Matt Kemp today, according to MLB.com. The deal is expected to include a full no-trade clause.
The contract is the largest-ever signed by the Dodgers, according to MLB.com. The team's previous largest deal came in 1998 when they made Kevin Brown the highest paid player in baseball history at the time with a seven-year $105 million deal.
Kemp, who wasn’t eligible for free agency until after next season, had stated that he did not want to negotiate a contract extension after the 2012 campaign had begun.
In his best season-to-date, the 27-year-old hit .324/.399/.586 and led the league with both 39 home runs and 126 RBI. He also stole 40 bases, falling just one home run shy of joining the elite 40 stolen base and 40 home run club.
The Oklahoma native has played for the Dodgers since 2006 when he broke into the major leagues at 21-years-old. In six seasons, he has averaged 26 home runs, 30 stolen bases, and a hitting line of .294/.350/.496.