Indians sign Carlos Carrasco to three-year extension

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The Indians just signed ace Corey Kluber to a five-year extension. And they’re not stopping there …

FOX Sports’ Ken Rosenthal reports that the Tribe are in agreement on a new deal for right-handed starter Carlos Carrasco. Jeff Passan of Yahoo Sports says it’s a three-year contract with two club options and will carry around $22 million in guaranteed money.

Carrasco is due to make $2.34 million in 2015 — his first year of arbitration-eligibility. This extension buys out his remaining two arbitration years and at least one year of free agency at what sounds like a pretty team-friendly rate.

The 28-year-old Venezuelan emerged as a potential co-ace to Kluber in 2014, posting a 1.49 ERA and 110 strikeouts over his final 102 2/3 innings after initially being shifted back and forth between the bullpen and rotation. He’ll start Cleveland’s second regular-season game against Scott Feldman and the Astros.