UPDATE: Felix Hernandez deal for five years, $78 million

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9:52: Heyman and others are now tweeting that it is a five year deal worth $78 million.

9:19 A.MFrancisco Blavia tweets that the deal is worth $78MM over five years. However,  Jason Churchill of Prospect Insider says the deal “may very well be six years guaranteed and less than $100 million, with some incentives that could push it over the $100-million mark.”

Not sure who to believe, but I feel comfortable reporting that Hernandez is going to be very, very rich.

12:43 A.M. The Seattle Mariners have reportedly agreed to a contract extension with ace pitcher Felix Hernandez.

ESPN’s Keith Law, citing “a source with direct knowledge of the talks”, reports that the sides agreed to a deal on Monday night on the eve of the deadline for exchanging salary figures for arbitration.

The length and the terms of the deal were not available.

Hernandez, who made $3.8 million in 2009, was set for a big payday after going 19-5 with a 2.49 ERA in 2009, finishing second in the AL Cy Young balloting to Royals star Zack Greinke.

Law reports that the deal will go through pending a physical. If it does, it will be the latest impressive move by second-year Mariners GM Jack Zduriencik, who appears well on his way to turning around a franchise that lost 101 games under Bill Bavasi in 2008.

Earlier this offseason, Zduriencik worked a deal with the Phillies that brought ace Cliff Lee to Seattle, giving the Mariners perhaps the best one-two pitching punch in all of baseball. And more recently, he signed center fielder Franklin Gutierrez – a promising young hitter coming off a brilliant defensive season – to a four-year extension.

Billy Butler activated from the 7-day concussion disabled list

OAKLAND, CA - JULY 24: Billy Butler #16 of the Oakland Athletics celebrates a solo homerun in the bottom of the eighth inning to regain the lead against the Tampa Bay Rays at the Oakland-Alameda Coliseum on July 24, 2016 in Oakland, California.  (Photo by Don Feria/Getty Images)
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The Oakland Athletics have activated DH Billy Butler from the 7-day concussion disabled list.

Butler, you’ll recall, suffered a concussion last weekend in a clubhouse fight with teammate Danny Valencia. The two have since apologized to each other and to the A’s organization for creating what would, if everyone’s being honest, serve as the dramatic peak of the A’s disappointing year.

Speaking of disappointing, Butler is hitting.286/.338/.419 with four homers and 30 RBI in 228 plate appearances this season.

Tim Tebow to work out for 15-20 teams

ARLINGTON, TX - DECEMBER 31:  Broadcaster Tim Tebow of the SEC Network speaks on air before the Goodyear Cotton Bowl at AT&T Stadium on December 31, 2015 in Arlington, Texas.  (Photo by Scott Halleran/Getty Images)
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FOX Sports’ Jon Morosi reports that Tim Tebow’s baseball workout, which will take place tomorrow in Los Angeles, will be attended by scouts from “roughly half” of the 30 major league teams. Morosi noted in a later tweet that a lot of the people going to see the workout are people “with influence.” That could mean that people are taking him seriously. It could mean that people want to gawk. The proof will ultimately be in the pudding.

As we’ve noted, Tebow is 29 and he asn’t played competitive baseball since high school. While some people who have watched him work out have said complimentary things about his preparation and approach, an anonymous scout told ESPN.com last week that Tebow’s swing is so long it might “take out the front row.”

Color us skeptical until someone who works for a club, as opposed to people who have been invited to coach him, pitch to him or work out with him, says that Tebow has a chance.