Report: Cubs and Starlin Castro agree to seven-year, $60 million extension

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UPDATE: David Kaplan of CSNChicago.com hears that the deal is very close, but isn’t finalized yet.

3:22 PM: We’ve heard reports over the past couple of days that the Cubs and Starlin Castro were close to agreeing on a long-term contract extension. The deal is now in place.

According to Enrique Rojas of ESPNDeportes.com, the Cubs and Castro have agreed to a seven-year, $60 million extension with a $16 million club option for 2020.

Castro was projected to qualify for arbitration this winter as a Super Two player, so the deal covers all four years of arbitration eligibility and three years of free agency. He will be signed through his age-29 season.

Castro, 22, entered play this afternoon with a .297/.333/.422 batting line over his first three seasons in the big leagues. He continues to have his share of mental errors and his plate discipline, fielding and baserunning all have room for improvement, but Theo Epstein and company have sent a clear message that they consider their young shortstop an important building block.

Mariners sign Mark Lowe

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The Mariners have signed reliever Mark Lowe, ESPN’s Jerry Crasnick reports. The Tigers released him on Sunday.

Lowe, 33, is entering the last of a two-year, $11 million deal signed with the Tigers in December 2015. The right-hander struggled to a 7.11 ERA with a 49/21 K/BB ratio in 49 1/3 innings last season. His performance this spring didn’t do much to inspire confidence.

Lowe began his major league career with the Mariners, breaking out in 2009 with a 3.26 ERA across 80 innings. He has been inconsistent throughout most of his 11-year big league career, however.

Cardinals place Trevor Rosenthal on DL with lat strain

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The Cardinals announced on Thursday that pitcher Trevor Rosenthal has been placed on the 10-day disabled list with a right lat strain. Sam Tuivailala has been added to the roster in Rosenthal’s place.

The Cardinals’ closer until the second half last year, Rosenthal came into camp this spring hoping to battle for a rotation spot. However, the lat injury killed that dream. When Rosenthal is healthy, he’ll return to the bullpen.

Last season, Rosenthal posted a 4.46 ERA with 14 saves and a 56/29 K/BB ratio in 40 1/3 innings.