Per ESPN Insider:
The Washington Nationals have signed left-hander Gio Gonzalez to a five-year contract extension, that keeps the club's new starting pitcher in their control through the 2016 season.
The deal, reports ESPNDeportes.com's Enrique Rojas, is worth $42 million guaranteed, or an average annual salary of $8.4 million, and comes with two options -- it's unclear whether they are of the club, player or mutual variety -- that can bring the total value to $65 million.
Gonzlez's deal gives the Nationals stability in their rotation, which was crucial since they sent prospects A.J. Cole, Brad Peacock and Tom Milone to Oakland to acquire Gonzalez.This contract could impact any future extensions for the likes of other young starters such as Jeremy Hellickson of the Tampa Bay Rays, Cincinnati's Mat Latos, Braves righty Tommy Hanson and San Francisco southpaw Madison Bumgarner.