Yandy Diaz and the Tampa Bay Rays are reportedly closing in on a 3-year, $24 million contract extension, per Juan Toribio and Mark Feinsand. There is also reportedly a 4th-year option in the deal.

The Rays have been busy in terms of extending key players as of late. They most recently agreed to contracts with RP Pete Fairbanks and SP Jeffrey Springs. The Rays typically don’t spend much money in free agency. They operate as a small-market team and prefer to build a roster from the ground up. Players such as Diaz, Fairbanks, and Springs have all contributed in pivotal fashion over the past few years. And the Rays want to keep them around for the foreseeable future.