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.

Nationals place Anthony Rendon on disabled list

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The Nationals announced that third baseman Anthony Rendon has been placed on the 10-day disabled list, retroactive to April 19, with a toe contusion. Pitcher Austin Adams was recalled from Triple-A Syracuse.

Rendon fouled a pitch off of his foot on April 13 in a game against the Rockies. The Nationals were hoping he wouldn’t need to go on the disabled list, which is why he was day-to-day for a week and a half. Unfortunately, Rendon’s stint on the DL can only be backdated to Thursday, so he won’t be eligible to return until this weekend.

Rendon, 27, is hitting .286/.355/.411 with a home run and four RBI in 62 plate appearances so far this season. Wilmer Difo has been handling third base while Rendon has been out and figures to continue doing so for the next week or so.