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Wainwright, Cardinals agree to $97.5M deal

Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. The Associated Press

Five-year contract keeps ace in St. Louis

Wednesday, March 27, 2013 - 8:35 pm

Adam Wainwright and the Cardinals have agreed to a new contract that guarantees the Cardinals' ace an additional $97.5 million over five years through 2018.

Wainwright had been eligible to become a free agent after the World Series.

The new agreement, first reported by foxsports.com, was confirmed by a person familiar with the negotiations who spoke on condition of anonymity because it had not yet been announced. The Cardinals scheduled a news conference for Thursday at their spring training camp in Jupiter, Fla.

A 31-year-old right-hander, Wainwright was 14-13 with a 3.94 ERA last year after missing the Cardinals' World Series championship season in 2011 because of elbow surgery.

Wainwright was 20-11 with a 2.42 ERA in 2010 and was an NL All-Star.