CLEVELAND, Ohio - The Indians have reached agreement with versatile Jose Ramirez on a five-year, $26 million extension. The extension, pending a physical, includes club options for 2022 and 2023.

It means the Indians have purchased Ramirez's three arbitration years and his first year of free agency in 2021. If they decided to exercise the club options, they'll have purchased his first three years of free agency.

The extension starts this year with the Indians reworking the one-year deal Ramirez signed in early March. The club options would cover the 2022 and 2023 seasons and are worth $11 million and $13 million, respectively. If exercised, they would push the total value of the deal to $50 million.

Jeff Passan of Yahoo.com first reported news of the extension.

The Indians have been in "deep' discussions with Ramirez's agents this spring. In the past they have been enthusiastic about signing their young core players to multiyear deals. Jason Kipnis, Corey Kluber, Carlos Carrasco, Yan Gomes, Carlos Santana, Michael Brantley and others have all signed multiyear deals.

Among the players the Indians targeted this spring were Ramirez, shortstop Francisco Lindor and catcher Roberto Perez. Ramirez and Kipnis are both represented by Beverly Hills Sports Council.

Ramirez, 24, had a breakout season in 2016. He hit .312 (176-for-565) with 45 doubles, 11 homers and 76 RBI. He was excellent in the clutch, hitting .355 with runners in scoring position while batting in every spot in manager Terry Francona's batting order.

He opened the year in left field in place of injured Michael Brantley. When Juan Uribe was designated for assignment in August, he moved full-time to third base. When the Indians open this season on April 3, he could be at second base in place of the injured Kipnis.

Ramirez ranked second in the American League in doubles. After the All-Star break he led the league with 25 doubles. He ranked ninth with 22 steals and second in home batting average at .347. After the season, he was voted Man of the Year by Cleveland's chapter of the Baseball Writers Association of America.

Last year Ramirez got a Mohawk haircut that was dyed orange. When asked the name of the haircut, he smiled and said, "Orange." In the postseason, when he came to the plate at home, the fans would sing, "Jose, Jose, Jose, Jose." His teammates wore T-shirts that said "Yes Way, Jose" instead of "No way, Jose."

It appears the good times will keep rolling this year.