AP source: Markakis agrees to $66M, 6-year contract

[January 20, 2009]  BALTIMORE (AP) -- The Baltimore Orioles and right fielder Nick Markakis have reached a preliminary agreement on a $66 million, six-year contract, according to a person familiar with the deal.

The contract is pending a physical, the person said, speaking on condition of anonymity because the contract has not yet been signed.

The deal, the second-richest in team history, covers three years Markakis would have been eligible for arbitration and the first three after he would have been eligible for free agency. The agreement was first reported by The Sun.

[Associated Press; By DAVID GINSBURG]

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