Cubs nearing long-term extension with Starlin Castro

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7:00 p.m. EDT update: FOXSports.com’s Ken Rosenthal believes a Starlin Castro extension could be announced early next week or sooner. It’d be a six- or seven-year contract with a club option that would buy out an extra year of free agency. As is, Castro will be eligible for FA after 2016.

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David Kaplan of CSNChicago.com has the exclusive:

Two industry sources who have represented several MLB players over the past decade confirmed to me tonight that the Cubs are working on a long term deal for star shortstop Starlin Castro.

The deal, which could be six or more years in length, is expected to be finalized before the end of the 2012 season and would not only buy out the remaining arbitration years that Castro has, but at least two years of free agency which he will reach after the 2016 season.

Castro has battled concentration issues, but the 22-year-old Dominican shortstop is the youngest player in franchise history to top 200 hits in a season (he finished with 207 in 2011) and continues to flash improving power potential. It’s hard to see this as anything but a positive for the rebuilding Northsiders.

Castro is batting .276/.307/.422 with 12 home runs and 58 RBI through 116 games played this season. As it stands currently, he will be eligible for arbitration this winter for the first time in his career.

Stanton, Donaldson, Kahnle activated by Yankees ahead of Dodgers series

Brad Penner-USA TODAY Sports
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LOS ANGELES — Giancarlo Stanton, Josh Donaldson, and Tommy Kahnle were activated by the New York Yankees ahead of their weekend series against the Los Angeles Dodgers.

New York cleared three roster spots after a 1-0 loss at Seattle, optioning infielder-outfielders Oswaldo Cabrera and Franchy Cordero to Triple-A Scranton/Wilkes-Barre along with left-hander Matt Krook.

Stanton, Donaldson and Kahnle all played in a rehab game for Double-A Somerset. Stanton was hitless in three at-bats in his first appearance since injuring his left hamstring on April 15.

Donaldson went 1 for 4 in his fourth rehab game as he comes back from a strained right hamstring originally sustained on April 5.

Kahnle pitched one inning, giving up one run and one hit and walking two. He has been out since spring training with right biceps tendinitis.

Aaron Boone said he wasn’t concerned about Stanton returning after playing in just one rehab game. He did say that Stanton likely will be a designated hitter for a couple of weeks after rejoining the Yankees.

New York is missing centerfielder Harrison Bader, who strained his right hamstring against the Mariners and went on the injured list the next day.

Left-hander Carlos Rodón, sidelined since spring training by a sore left forearm and an ailing back, was transferred to the 60-day injured list.