The Detroit Tigers and two-time Most Valuable Player Miguel Cabrera have reached a deal on a lengthy contract extension, according to multiple reports.

Jon Heyman of CBSSports.com

that the two sides have reached an agreement.

Jon Morosi of Foxsports.com reported that the extension

beyond the two years remaining on his current contract.

Cabrera is owed $22 million in both 2014 and 2015 under the terms of his current deal. If those numbers hold, the team's commitment to Cabrera would total $292 million over the next 10 seasons.

Cabrera, 30, hit .348 with 44 home runs and 137 RBIs in 2013. If the extension is for eight seasons, Cabrera would be 41 at the end of the deal.

Heyman later reported that the contract

that could add two additional years to the contract. Those options are worth a reported $30 million per year and would increase the total commitment to Cabrera to $352 million.

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