The Cardinals agreed to extend Chris Carpenter's contract Monday to a five-year contract that guarantees him about $65 million, ESPN reports.

Carpenter had been signed through 2007 as part of an agreement
that called for a $7 million salary next year.

The Cardinals
exercised his 2008 option at $9 million as part of the new
agreement and added guaranteed years for 2009, 2010 and 2011 plus a
club option for 2012. If the new option is exercised, the deal
would be worth about $77 million.

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