Nationals sign Gio Gonzalez to five-year contract extension

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According to the Nationals’ official Twitter feed, newly-acquired left-hander Gio Gonzalez has been signed to a five-year contract extension. The deal also carries options for 2017 and 2018.

Gonzalez was sent from Oakland to Washington three weeks ago for top prospects Tommy Milone, Brad Peacock, Derek Norris and A.J. Cole.

The 26-year-old starter was eligible for salary arbitration for the first time this winter and stood to make a significant raise over the $420,000 league-minimum wage that he earned in 2011. This new contract with the Nats covers all of his years of arbitration eligibility and also buys out his first year of free agency.

Gonzalez posted a spectacular 3.12 ERA in 32 starts last season for the A’s, striking out 197 batters in 202 innings. He holds a 3.93 career ERA over parts of four seasons. No word yet on the financial terms.