UPDATE: Arizona, Upton reach five-year deal

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UPDATE: SI.com’s Jon Heyman says the six-year deal is worth exactly $51.25 million.
1:40pm: FOXSports.com’s Ken Rosenthal reports that the Diamondbacks are close to signing Justin Upton to a long-term contract worth around $50 million.
From the wording of Rosenthal’s report it sounds like the deal covers six years, including this season, so the Diamondbacks are locking him up through 2015. Upton was already under the team’s control through 2013, so the new deal would buy out his three arbitration-eligible seasons and his first two years of free agency while still allowing him to hit the open market in his twenties.
Signing any 22-year-old to a $50 million contract obviously carries considerable risk, but Upton is truly on a Hall of Fame path so far and just hit .300/.366/.532 with 26 homers and 20 steals in his first full season. That works out to an .899 OPS, which is the 15th-best mark in the history of baseball for a 21-year-old. Here’s the complete list of guys who topped an .899 OPS at that age:
Ted Williams
Hank Aaron
Joe DiMaggio
Albert Pujols
Ken Griffey Jr.
Frank Robinson
Jimmie Foxx
Al Kaline
Mel Ott
Eddie Mathews
Sam Crawford
Cesar Cedeno
Joe Jackson
Hal Trosky
That list is the epitome of great company and barring an injury his asking price on a long-term deal was only going to rise, so the Diamondbacks were smart to take the risk now and of course guaranteeing himself $50 million no matter what happens makes for a pretty good day for Upton too.

Video: Jake Arrieta hits a 465-foot home run off of Zack Greinke

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Jake Arrieta‘s bat is in midseason form already. The Cubs’ ace swatted a solo home run to center field off of Zack Greinke in Thursday afternoon’s Grapefruit League exhibition game, his first homer of the spring.

The blast went 465 feet, according to MLB.com’s Daren Willman.

Arrieta has hit two home runs in each of the past two seasons. Madison Bumgarner (eight) and Noah Syndergaard (four) are the only other pitchers to match or exceed his output in that department.

Greinke, meanwhile, is hoping to bounce back after a miserable 2016 season. He finished with an uncharacteristic 4.37 ERA in 26 starts in his first year with the Diamondbacks.

Luis Valbuena to miss four to six weeks with a strained right hamstring

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Angels first baseman Luis Valbuena will miss the next four to six weeks with a strained right hamstring, Pedro Moura of the Los Angeles Times reports.

Valbuena, 31, signed a two-year, $15 million contract with the Angels in January and was on track to get the lion’s share of the playing time at first base. While he’s out, however, C.J. Cron will handle first base on a regular basis. When Valbeuna returns, the two will likely form a platoon.

Last year with the Astros, Valbuena hit a solid .260/.357/.459 with 13 home runs and 40 RBI in 342 plate appearances.