Blue Jays sign Encarnacion to three-year extension

Blue Jays slugger Edwin Encarnacion, in the midst of a breakout season, signed a three-year, $27 million contract extension on Thursday that includes a $10 million club option for the 2016 season.
Encarnacion, 29, is hitting .295 with 23 home runs and 58 RBIs, splitting time between first base and designated hitter. In his fourth season with Toronto, his home run and RBI totals have already exceeded his personal bests with the team and he's just three homers shy of his career best, which he set with the Reds in 2008.
He would have been eligible for free agency after the season.
The Dominican Republic native ranks among the American League's best in a number of statistical categories, including being tied for fourth in home runs. He's also fifth in slugging percentage (.595), seventh in RBIs, total bases (174) and on-base percentage (.382).
In response to the team's commitment to him, Encarnacion agreed to make a donation to the Jays Care Foundation to demonstrate his commitment to the team and the city.
Overall, Encarncacion has a career average of .267 with 140 home runs and 450 RBIs over eight seasons with the Reds (2005-09) and Blue Jays (2009-present).
The right-handed hitter spent parts of five seasons with Cincinnati before being traded to Toronto along with pitchers Josh Roenicke and Zach Stewart in exchange for third baseman Scott Rolen on July 31, 2009. He re-signed with Toronto after becoming a free agent following the 2010 season.