Indians, Corey Kluber agree on a five-year contract extension

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Update #2 (8:49 PM EST): Jon Heyman of CBS Sports reports that the deal is done pending a physical.

Update (8:17 PM EST): Jeff Passan of Yahoo Sports reports that Kluber’s deal will be for five years and include two club options.

Ken Rosenthal of FOX Sports is reporting that the Indians and starter Corey Kluber are close to an agreement on a contract extension. Rosenthal says that the deal is expected to be made official by Opening Day.

Kluber, who turns 29 on April 10, broke out with a 2.44 ERA and a 269/51 K/BB ratio in 235 2/3 innings en route to winning the American League Cy Young Award last season. He’s slated to oppose Astros starter Dallas Keuchel on Opening Day on Monday.

Rosenthal also notes that the Indians are discussing an extension with Carlos Carrasco. He also broke out last season, finshing with a 2.55 ERA and a 140/29 K/BB ratio in 134 innings.