Both Paul Hoynes and Ken Rosenthal are reporting that the Indians and Travis Hafner have come to terms on a contract extension:
The Indians have signed designated hitter Travis Hafner to a four-year, $57 million contract extension, FOXSports.com has learned.
Hafner, 30, was eligible for free agency after the 2008 season. His new deal does not include a signing bonus, but part of the money will be redirected to increase his salaries in 2007 and '08, according to a source with knowledge of the contract.
Update [2007-7-11 21:26:44 by Ryan]:: Anthony Castrovince is reporting the deal will be announced tomorrow afternoon.
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