Isringhausen agrees to 3-year extension
Isringhausen tied Armando Benitez of the Florida Marlins for the save lead, blowing only seven chances, to help the Cardinals win their first pennant in 17 years. He tied the team single-season save record set by Lee Smith in 1991 despite playing much of the season with a painful hip condition that reacquired surgery in November.
Isringhausen agreed to a new three-year deal that replaces the final year of his current deal a year after tying for the NL lead with 47 saves. The contract will run through the 2007 season with an option for 2008 and, including a $1.25 million buyout, will be worth a guaranteed $25.75 million.
In three seasons with the team, he has 101 saves and his total of 168 saves over the past five seasons is fourth-best in the major leagues.
"This is a great opportunity for both the Cardinals and Jason, who shared our interest in getting an extension done," general manager Walt Jocketty said. "This deal gives us financial certainty while securing one of the game's elite closers for the next few years."
Isringhausen had been in the final year of a four-year contract he signed before the 2002 season. That contract had included an option for 2006.