The White Sox have reached agreement with right fielder Jermaine Dye on a two-year, $22 million contract extension.
Dye will receive $9.5 million in 2008 and $11.5 million in 2009. The mutual option pays Dye $12 million for the 2010 season or gives him a $1 million buyout. Dye, 33, would be the second potential free agent to remain with the White Sox at a below-market rate, joining left-hander Mark Buerhle, who agreed to a four-year, $56 million extension at the All-Star break.
After batting only .214 before the All-Star Game, Dye has rebounded to hit .311 since the break with 12 homers in 122 at-bats.
Dye, the 2005 World Series MVP, had a career year in 2006, hitting .315 with 44 HRs and 120 RBIs. He was fifth in AL MVP voting.
Despite the dropoff in batting average in 2007, Dye is tied for fourth in the American League with 24 HRs.