"Matt Kemp was one season away from free agency. The Dodgers, who are in bankruptcy, are for sale.

But the player and team agreed on an eight-year, $160-million deal Monday that is by far the most lucrative in franchise history.

The Dodgers also reached an agreement with free-agent second baseman Mark Ellis on a two-year, $8.75-million contract. Ellis, 34, batted .248 with seven home runs and 41 runs batted in over 132 games with the Athletics and Colorado Rockies this year.

Kemp's deal could be announced as early as Tuesday, according to people familiar with the situation who spoke on the condition of anonymity. The Dodgers wouldn't confirm the agreement, nor would Kemp, who attended a youth-field dedication in Compton."