Multiple media outlets reported Wednesday that the St. Louis Cardinals have agreed to a five-year, $97.5 million contract extension with ace right-hander Adam Wainwright.
The Cardinals declined to comment on the reports and have not yet announced the deal, although they have scheduled a 9 a.m. press conference Thursday at the team's spring-training complex in Jupiter, Fla.
Wainwright, 31, was in the final year of a deal signed in 2008 that would have paid him $12 million in 2013. He is scheduled to start the Cardinals' season opener at 9:40 p.m. Monday in Arizona.
Wainwright was 14-13 with a 3.94 ERA in 32 starts last season. He is is 80-48 with a 3.15 ERA in his career.
Wainwright's contract extension, which will keep him in St. Louis through the 2018 season, was first reported by Ken Rosenthal of the MLB Network.
Talks between Wainwright's agent, Steve Hammond, and the Cardinals heated up this week as the season opener approached. Both Wainwright and the Cardinals expressed interest in getting the contract situation resolved before Monday.
Wainwright was 20-11 with a 2.42 ERA in 2010 when he finished second to Philadelphia's Roy Halladay in balloting for the NL Cy Young Award. Wainwright was 19-8 with a 2.63 ERA in 2009. He missed the entire 2011 season as he recovered from Tommy John surgery.