The Rangers, locking up one of their franchise players, have signed All-Star shortstop Michael Young to a five-year, $80 million contract extension. The deal ensures that Young will remain with the Rangers through 2013.
Young, 30, is signed for $3.5 million this season. The Rangers exercised his 2008 option, worth a reported $5 million, as part of his new deal. The extension takes effect in ’09.
A career .300 hitter, Young has put together four straight 200-hit seasons, averaging 65 extra-base hits per year in that span. He has been an All-Star each of the past three seasons and was named Most Valuable Player of last year’s Mid-summer Classic.
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