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Mookie Betts signs 12-year contract extension with Dodgers.

The Dodgers have signed their new star for most of the rest of his career.

Mookie Betts of the Los Angeles Dodgers runs for a double in the seventh inning in a preseason game against the Arizona Diamondbacks during the coronavirus (COVID-19) pandemic at Dodger Stadium on July 19, 2020 in Los Angeles, California. Photo by Harry How/Getty Images

UPDATE, 5:05 p.m.: The Dodgers announced Betts has signed a 12-year contract extension with the team. ESPN’s Jeff Passan is reporting the deal is worth $365 million and kicks in after this season.

UPDATE, 1:39 p.m.: Betts is closing in on a deal that would keep him with the Dodgers for as many as 13 years and $380 million, according to Jeff Passan. That includes this year, in which he will earn $27 million.

The Los Angeles Dodgers traded for outfielder Mookie Betts this past offseason, and they are working to ensure he does not depart anytime soon. Betts and the Dodgers are closing in on a ten-year contract extension according to multiple reports.

Former Red Sox player Lou Merloni was the first to report the news, indicating he was hearing it would be for somewhere in the range of $350 million and $400 million. Reporter Jon Heyman and Jeff Passan are reporting hearing the two sides have been talking, but are not to the finish line yet.

Betts will play right field and bat leadoff for the Dodgers when the shortened 2020 season gets underway. The 2018 MVP took a step back in 2019, but it was still a strong season. In 150 games he had a slash line of .295/.391/.524 and a WAR of 6.8. He finished eighth in MVP balloting and was voted onto his fourth straight All Star team.

Although he’s one of the best homegrown prospects in Red Sox history, the club was not interested in paying up for the level of talent he brings to the table. In February, the Red Sox traded him with David Price and cash to the Dodgers for Jeter Downs, Alex Verdugo, and Connor Wong.