Overbay hit .312 with 22 home runs, a team-high 46 doubles and
92 RBIs with Toronto last season after being acquired from the
The team official spoke on condition of anonymity because the
deal was not announced.
Overbay, who avoided arbitration with the deal, gets a $3.8
million signing bonus, $400,000 this year, $5.8 million in 2008 and
$7 million in each of the following two seasons. He would have been
eligible for free agency after the 2008 season.
The left-handed hitter leads the majors with a total of 133
doubles since 2003.
He becomes the latest Blue Jays to sign a multiyear contract.
Vernon Wells agreed to a $126 million, seven-year contract
extension in December, the sixth-largest deal in baseball history.
Toronto hasn't been to arbitration with a player since 1997.