[Hellwig]

Right-hander Bronson Arroyo and the Cincinnati Reds agreed Thursday to a $25 million, two-year contract extension through 2010.

Arroyo's previous contract contains $8,075,000 in remaining guaranteed salary: $4,125,000 this year and $3.95 million in 2008.

His extension calls for a $2.5 million signing bonus, payable in 2008, and salaries of $9.5 million in 2009 and $11 million in 2010.

Cincinnati has an $11 million option for 2011 with a $2 million buyout. The price of the option can escalate to $13 million, based on innings.

Link

Looks like the Reds are doing a pretty nice job of suring up top end starters for the future.