Orioles agree to three-year contract extension with J.J. Hardy

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UPDATE: Dan Connolly of the Baltimore Sun adds that the deal is worth between $22-22.5 million over three years. The no-trade clause involves eight teams and Hardy has been assured that he will not be traded this season.

12:38 PM: Jeff Zrebiec of the Baltimore Sun reports that the Orioles and shortstop J.J. Hardy have agreed in principal on a three-year contract extension.

No word yet on the specifics, but Zrebiec hears that it’s worth between $7-8 million per season, which is similar to what Buster Olney of ESPN reported yesterday. The contract includes a limited no-trade clause.

There are still some minor details to be worked out and the deal is contingent upon Hardy passing a physical.

Hardy, 28, is batting .275/.333/.490 with 13 homers, 33 RBI and an .823 OPS in 274 plate appearances this season. Though he has struggled to stay healthy in the past, this is a pretty fair deal to lock up one of the better all around shortstops in the league.