Arizona Diamondbacks Agree to Contract Extension with Paul Goldschmidt

Ethan Grant@DowntownEGAnalyst IMarch 29, 2013

After just one full season of MLB service, Arizona Diamondbacks first baseman Paul Goldschmidt has some security heading into the prime of his career.

The team and its young slugger agreed to a five-year, $32 million contract extension Friday morning, a move that takes Goldschmidt's arbitration years away and should provide the club with a more stable financial number in the coming seasons.

ESPN's Jim Bowden first reported that the contract extension had been completed:

Ken Rosenthal of Fox Sports followed suit, giving us the figures of the deal in this tweet that confirmed the news. According to Rosenthal, the deal also includes a club option:

The D'Backs sent slugger Justin Upton away in an offseason trade, but made sure Friday that another of their young stars will be in the fold for the next few seasons.

The deal is similar to the one that the Texas Rangers made with Derek Holland prior to the 2012 season (five years, $22 million); it's a long-term contract that doesn't break the bank while providing great value later on should the player continue on his current trajectory.

Goldschmidt hit .286/.359/.490 in 587 plate appearances in 145 games for Arizona last season. He added 20 home runs and 82 RBI to what quietly turned out to be one of the best seasons at his position in 2012.

After breaking on the scene in 2011, the Texas State prospect starred for the Diamondbacks during his first few weeks in the bigs. He hit eight home runs in a platoon after being called up in 2011, and then went on to belt two homers in Arizona's postseason series loss to the Milwaukee Brewers later that season.

Needless to say, Goldschmidt is a rapidly rising prospect.

AJ Mass of ESPN listed the first baseman as a top-10 fantasy option at the position for the 2013 season. One of Goldschmidt's strengths is his power to all fields, which he showed last year by finishing fourth in the National League in doubles with 43.

With Upton's bat gone, Goldschmidt should play a big role in whatever success Arizona has this season. Division rivals San Francisco and Los Angeles are both expected to compete for the NL West, but Goldschmidt's bat in the middle of the Arizona lineup could lead the D'Backs to the division title.

Arizona rewarded the young slugger with a new deal Friday, a show of good faith for one of its best young players just now entering his second full MLB season. It's clear the Diamondbacks believe in his ability to become a top-tier player in 2013 and beyond.