According to FOXSports.com's Ken Rosenthal, the White Sox and Jermaine Dye have agreed to a two-year, $22 million extension with a mutual option for 2010.
Dye could have landed a four-year, $50 million or five-year, $60 million contract this winter if he could have avoided a substantial decline from his 2006 numbers. However, his ugly first half made him a far more reasonable signing for the White Sox. Dye only figures to bounce back so far next year, but this is deal is short enough that it won't hurt the White Sox very much if Dye is little more than an average corner outfielder going forward. There's still going to be room for Ryan Sweeney and Brian Anderson if they prove they belong.