After exercising Alexei Ramirez's $2.75 million option in December, according to ESPNChicago's Doug Padilla, the Chicago White Sox have now agreed to a four-year contract extension for the 29-year-old shortstop.
The deal will become official after the completion of a physical.
A report says the deal is worth $32.5 million, which includes an option for a fifth year.
In 2010, Ramirez led American League shortstops in batting average, slugging percentage, home runs and total bases en route to becoming the first shortstop in White Sox history to win a Silver Slugger award. All this while being arguably the best defensive shortstop in baseball.