PITTSBURGH (KDKA) –The Pittsburgh Pirates have officially agreed to terms with Gregory Polanco on a five-year extension.

According to the Pirates, the deal begins in 2017 and has club options for the 2022 and 2023 seasons.

READ MORE: Search For Suspects Continues After Student Killed In Shooting Outside Oliver Citywide Academy

“We are very pleased to have found a common financial ground with Gregory and his representatives,” said General Manager Neal Huntington. “This agreement will provide Gregory with incredible financial security and the club with the ability to build around Gregory as one of our core players for years into the future.”

Reports earlier this week indicated the deal was worth $35 million and the club options could take it to at least $60 million.

READ MORE: Bitter Bus Stop Mornings: To Cancel, Delay, Or Keep School Open?

The 24-year-old outfielder hit .256 with 35 doubles, six triples, nine home runs, 52 RBI, 27 stolen bases in 153 games for the Pirates last year.

Stay With KDKA.com For More Details

MORE NEWS: Pittsburgh Weather: Frigid Temperatures Wrap Up The Week

Join The Conversation On The KDKA Facebook Page
Stay Up To Date, Follow KDKA On Twitter