Cubs nearing long-term extension with Starlin Castro

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7:00 p.m. EDT update: FOXSports.com’s Ken Rosenthal believes a Starlin Castro extension could be announced early next week or sooner. It’d be a six- or seven-year contract with a club option that would buy out an extra year of free agency. As is, Castro will be eligible for FA after 2016.

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David Kaplan of CSNChicago.com has the exclusive:

Two industry sources who have represented several MLB players over the past decade confirmed to me tonight that the Cubs are working on a long term deal for star shortstop Starlin Castro.

The deal, which could be six or more years in length, is expected to be finalized before the end of the 2012 season and would not only buy out the remaining arbitration years that Castro has, but at least two years of free agency which he will reach after the 2016 season.

Castro has battled concentration issues, but the 22-year-old Dominican shortstop is the youngest player in franchise history to top 200 hits in a season (he finished with 207 in 2011) and continues to flash improving power potential. It’s hard to see this as anything but a positive for the rebuilding Northsiders.

Castro is batting .276/.307/.422 with 12 home runs and 58 RBI through 116 games played this season. As it stands currently, he will be eligible for arbitration this winter for the first time in his career.

Nick Williams has been trying to sell Jake Arrieta on the Phillies

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CSN Philly’s Jim Salisbury reports that Phillies outfielder Nick Williams has been working out daily with free agent starter Jake Arrieta in Austin. The right-hander, who won the 2015 National League Cy Young Award, still remains teamless with spring training less than a month away. Williams has been trying to sell Arrieta on joining the Phillies.

Williams said of Arrieta, “He loves it here [Austin]. He has told me he likes working with young guys. I’m like, ‘All right, come on up.’ But I’m not writing the check. I don’t know what he wants. I don’t really dig into that because I’m not really in his position.”

On GM Matt Klentak’s hunt for pitching help, new manager Gabe Kapler said, “The pursuit is very real. I have a lot of trust that we’ll either go in [to spring training] with a new toy or we will pass on the opportunity because we’re better off giving this collection of pitchers a really healthy look because we thought that we could go acquire that piece a little bit later on this season or in the offseason next year.”

Arrieta, who turns 32 years old in March, went 14-10 with a 3.53 ERA and a 163/55 K/BB ratio in 168 1/3 innings last season with the Cubs. The Cubs, Cardinals, and Brewers have been linked to Arrieta this month.

Presently, the Phillies’ starting rotation figures to include Aaron Nola, Jerad Eickhoff, and Vince Velasquez along with some combination of Nick Pivetta, Ben Lively, Zach Eflin, Mark Leiter, and Jake Thompson. Arrieta would certainly amount to a big upgrade in the starting rotation and could make the Phillies a more attractive landing spot for Bryce Harper or Manny Machado, who become free agents after the 2018 campaign. The Phillies are expected to be in the mix for either or both players.