Cleveland Indians and Carlos Carrasco agree to contract extension

Source: #Indians in agreement with Carrasco on extension, pending physical. Carrasco was set to earn $2.337M in first of three arb years.

— Ken Rosenthal (@Ken_Rosenthal) April 5, 2015

Update on Carrasco deal: It's going to be a three-year extension on top of his 2015 salary, so guarantee is closer to $22M through 2018.

— Jeff Passan (@JeffPassan) April 5, 2015

Carrasco deal 2015 thri ’18, with options for ’19 and ’20. Had been signed for 2015. So, either new four-year deal or three-year extension.

— Ken Rosenthal (@Ken_Rosenthal) April 5, 2015

Carrasco broke out in dramatic fashion in 2014, posting a 2.55 ERA, 2.44 FIP and 0.985 WHIP in 134 innings. He started 14 games and relieved in 26 more.