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Justin Verlander has reported 7-year, $180M deal with Tigers

03.29.13 at 1:35 pm ET

Right-hander Justin Verlander and the Tigers have agreed on a new seven-year, $180 million contract that would make him the highest-paid pitcher in the game, according to ESPN’s Buster Olney.

A vesting option for an eighth year could make the deal worth $202 million, the report states.

Tweeted Verlander: I love this city & the fans — couldn’t be more excited to spend my career here! We’re going to bring a World Series to Detroit!!!

Verlander had two years and $40 million remaining on the five-year, $80 million contract he signed after the 2009 season. Now he is signed through 2019.

Verlander, 30, went 17-8 with a 2.64 ERA in 2012, after winning both the Cy Young and MVP in 2011 with a 24-5 record and 2.40 ERA. Over the last four years, he has led the league in innings and strikeouts three times, wins twice and ERA once.

“Justin is one of the premier pitchers in baseball and we are thrilled to keep him in a Tigers uniform for many years to come,” Tigers general manager Dave Dombrowski said in a statement. “Justin has been a Tiger for his entire career and he is on pace to be one of the greatest pitchers in this illustrious franchise’s history.”

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