Atlanta Braves, Freddie Freeman Agree on Contract Extension

October 7, 2013; Los Angeles, CA, USA; Atlanta Braves first baseman Freddie Freeman (5) is congratulated after scoring a run in the fourth inning against the Los Angeles Dodgers in game four of the National League divisional series playoff baseball game at Dodger Stadium. Mandatory Credit: Robert Hanashiro-USA TODAY Sports

UPDATE #3: IT’S OFFICIAL!! Braves also announce that the deal was the largest in franchise history, and MLB.com’s Mark Bowman has the numbers at 8 years for $135 million.

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UPDATE #2: The numbers are reportedly in, and Freeman’s deal is believed to be for 8 years and a staggering $125 million. We will continue to update you as more concrete details (ideally from the team directly) are released.

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Update 1: Jon Morosi tweeted that the deal is going to be a big one.

That would clearly be more than just Freeman’s remaining arbitration eligible years, and it seems like the Braves could be locking the first baseman up for a long while. Many people are speculating that the deal is six/seven years, but it’s still a waiting game at the moment. Stay tuned.

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Shortly after it was announced that Jason Heyward and the Braves agreed to a contract extension that would avoid arbitration hearings, rumors began to swirl about a multi-year extension for Freddie Freeman.

Not long after those rumors surfaced, Jon Heyman announced that the two sides have actually agreed on a deal:

AJC Braves writer David O’Brien tweeted this out just after, confirming the deal:

This is even more good news for Atlanta Braves fans, as arbitration is a pretty bad situation for both parties (I’m sure you’ve known this already and have heard about it enough by now).

In the meantime, we will continue to look out for the

and be sure to give you and update when we get the money/length of the contract. Stay tuned.