Diamondbacks and Miguel Montero agree to five-year, $60 million extension

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Jon Paul Morosi of FOXSports.com reports that the Diamondbacks and catcher Miguel Montero have agreed to a five-year, $60 million contract extension. The deal is expected to be officially announced at a press conference tomorrow.

Montero was due to hit free agency this offseason, but he’ll now be signed through the 2017 season. The new deal falls short of Yadier Molina’s recent five-year, $75 million extension with the Cardinals, but it’s still a nice chunk of change for someone who is just realizing his potential. The Diamondbacks paid a premium knowing that he would be highly-coveted on the open market this winter.

Montero, 28, owns a .270/.339/.442 batting line since making his major league debut in 2006. He’s off to a bit of a slow start this year and suffered a groin strain earlier this week, but he batted .282/.351/.469 with 18 home runs, 86 RBI and an .820 OPS last season while throwing out 40 percent of attempted basestealers.