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Cards sign ace Carpenter through at least 2011

By AP/KWMU

LAKE BUENA VISTA, Fla. – Cardinals' ace pitcher Chris Carpenter has agreed to a five-year contract that guarantees him at least $65 million. Carpetner, the National League's Cy Young Award winner in 2005, had been signed through 2007 as part of an agreement that called for a $7 million salary next year.

The Cardinals exercised his 2008 option at $9 million as part of the new agreement and added guaranteed years through 2011, plus a club option for 2012.

If the new option is exercised, the deal would be worth about $77 million.

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