Gio Gonzalez’s Contract Extension Worth $42 Million Over Five Years

Gio Gonzalez’s extension with the Washington Nationals is worth $42 million over the first five years of the deal, according to Enrique Rojas of ESPN Desportes. With the two club options, Gonzalez could earn as much as $65 million.

Gio Gonzalez signs 5 years $42 million dollars extension with #Nats. 2 years option will elevate contract to $65 million. #ESPN

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Enrique Rojas/ESPN (@Enrique_Rojas1) January 15, 2012

The Nationals acquired Gonzalez via trade from the Oakland Athletics for prospects A.J. Cole, Derek Norris, Brad Peacock, and Tom Milone.

Gonzalez, 26, has collected 15-or-more wins in two consecutive seasons with the Athletics while posting an ERA of 3.23 or lower each season. The young hurler was one of the most desired trade pieces in baseball this winter. He is expected to sit atop the Nationals rotation alongside Stephen Strasburg and Jordan Zimmermann.