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Dodgers C Will Smith agrees to 10-year, $140 million extension

Related Topics: Los Angeles Dodgers, Will Smith

The Los Angeles Dodgers plan to have Will Smith behind the plate for a very long time.

The team announced Wednesday that it signed Smith to a 10-year, $140 million contract extension. Smith is set to be tied to the Dodgers through his age-38 season.

The deal is the third-largest ever for a catcher by total value, behind only Joe Mauer's eight-year, $184 million contract with the Minnesota Twins and Buster Posey's nine-year, $167 million contract with the San Francisco Giants. It has a relatively low $14 million average annual value, though, which figures to help the team keep its competitive balance tax bill down over the next few years.