Buster Olney is reporting that Corey Hart and the Milwaukee Brewers have agreed to a three-year $26.5 million extension. The contract buys out two years of Hart’s free agency—a fact that is easy to find thanks to Baseball-Reference’s new service time data.
Hart is having the best year of his career and has been a solid player for most of his career. I estimate Hart to be worth approximately $33 million over the term of his deal. Given his year of arbitration coming off a good year, he would probably have been looking at a $7–9 million contract in 2011. With this deal, Hart gets some insurance and the Brewers get a small discount for two free-agent years near his peak.