The White Sox and shortstop Alexei Ramirez reportedly reached an agreement Monday on a four-year, $32.5 million contract extension with a $10 million option for a fifth year.

The Sox had control of Ramirez through the 2013 season but had been negotiating to extend the services of the Silver Slugger Award winner, who was also in the running for a Gold Glove last season.

Ramirez, 29, batted .292 with 18 home runs and 70 RBI last season. Defensively, he led the American League in assists and total chances.

The new deal, first reported by El Nuevo Herald in Miami, would run through Ramirez's first year of free agency. The Sox had picked up the option on Ramirez's contract in December with the intention of working out an extension once they finished dealing with more pressing needs.