Matt Kemp, Los Angeles Dodgers Agree to Eight-Year, $160 Million Extension

Robert Knapel@@RobertKnapel_BRCorrespondent INovember 14, 2011

PHOENIX, AZ - SEPTEMBER 27:  Matt Kemp #27 of the Los Angeles Dodgers in the dugout during the Major League Baseball game against the Arizona Diamondbacks at Chase Field on September 27, 2011 in Phoenix, Arizona.  The Diamondbacks defeated the Dodgers 7-6 in 10 innings.  (Photo by Christian Petersen/Getty Images)
Christian Petersen/Getty Images

While the Los Angeles Dodgers may not be able to bid on free agents this winter, that has not stopped them from closing in on making one of the biggest moves of the winter.

Ken Rosenthal first noted that the Dodgers and Matt Kemp were working on an eight-year, $160 million extension and the deal was confirmed as being done by Sports Illustrated's Jon Heyman.

This is a huge move for the Dodgers that will help them significantly going forward. Kemp had stated that he did not want to negotiate a deal once the season started, so the Dodgers had a limited window to sign him to an extension.

The eight-year deal is a record for the longest contract in Dodgers' history. The deal will also be the seventh-largest deal in MLB history but will likely be eclipsed by the deals signed by Prince Fielder and Albert Pujols this winter.

Kemp has been an absolute star for the Dodgers, and this deal makes a lot of sense for them. He is expected to win the first NL MVP award of his career after he posted a .324/.399/.586 triple slash line to go along with 39 home runs, 126 RBI and 40 stolen bases.

It is also possible that having this deal in place now makes the Dodgers more desirable for potential owners. They know for certain they will have one of the faces of the franchise around for almost the next decade.

Kemp is a player to build around and will be a key piece of the Dodgers' future success.

With Kemp now signed, the Dodgers could now look to extend Clayton Kershaw as well. He is the other big star on the Dodgers and he could be in for a mega-deal as well.