Rangers and Ian Kinsler working toward agreement on extension

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UPDATE: Jim Bowden of ESPN.com and MLB Network Radio reports that the Rangers and Kinsler are working toward a five-year contract extension.

The Rangers would pick up Kinsler’s $10 million option for next season as part of the agreement while the five-year extension would be worth approximately $14 million per season. This would guarantee Kinsler approximately $80 million over the next six seasons.

T.R. Sullivan of MLB.com confirms that the two sides are still “grinding” on contract extension talks and that a six-year deal is in play.

5:00 PM: Ken Rosenthal of FOXSports.com reported earlier this week that Ian Kinsler and the Rangers were discussing a six-year contract extension, but today the second baseman told Richard Durrett of ESPN Dallas that there was nothing new to report.

Kinsler also called the negotiations a “confusing process” and described his level of optimism about getting something done as “neutral.”

Kinsler has said that he’d prefer not to negotiate during the season, but unlike some players he isn’t setting a strict Opening Day deadline for the talks if they’re relatively close to getting something done.

He’s also under contract for $7 million this season and the Rangers hold a $10 million option for 2013, so it’s something the two sides could revisit in the offseason.

Pirates suspend Keone Kela two games for contract violation

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On Monday, the Pirates announced the club suspended reliever Keone Kela two games for an unspecified contract violation. Kela will begin serving the suspension tonight.

Kela, 26, went on the injured list in early May with a right shoulder injury. He was on a rehab assignment with Triple-A Indianapolis for the last week and a half. Prior to the injury, Kela posted a 4.63 ERA with an 11/4 K/BB ratio in 11 2/3 innings.

After sitting out Monday and Tuesday, Kela can rejoin the Pirates on Wednesday in the middle of their four-game home series against the Cardinals.