Houston Astros, Jose Altuve reportedly agree to $151M extension

Second baseman Jose Altuve is the reigning American League MVP, and the Houston Astros are set to reward him with a contract that'll pay him like one.

Altuve and the Astros have agreed to a five-year, $151 million extension that will begin in 2020 and go through his age-34 season, according to multiple reports Friday. Altuve has two seasons remaining on the team-friendly contract he signed with the Stros in 2013 (four years, $12.5 million, with two option years). He will make $6 million this season and $6.5 million in 2019 before his new deal kicks in.

His new contract is the largest the Astros have handed out in their history, blowing past Carlos Lee's six-year, $100-million deal signed in 2006.

Altuve, 27, won the MVP last year after hitting .346 with 24 home runs, 81 RBIs and 32 stolen bases. He eclipsed the 200-hit mark for the fourth straight season, leading the league on each occasion, and won his third batting title in the last four years.

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Houston Astros celebrate their first World Series win
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Houston Astros celebrate their first World Series win
LOS ANGELES, CA - NOVEMBER 1: Alex Bregman #2 of the Houston Astros celebrates after the Astros defeated the Los Angeles Dodgers in Game 7 of the 2017 World Series at Dodger Stadium on Wednesday, November 1, 2017 in Los Angeles, California. (Photo by Alex TrautwigMLB Photos via Getty Images)
LOS ANGELES, CA - NOVEMBER 01: Carlos Correa #1 and Jose Altuve #27 of the Houston Astros celebrate defeating the Los Angeles Dodgers 5-1 in game seven to win the 2017 World Series at Dodger Stadium on November 1, 2017 in Los Angeles, California. (Photo by Tim Bradbury/Getty Images)
LOS ANGELES, CA - NOVEMBER 01: Jose Altuve #27, Marwin Gonzalez #9 and Alex Bregman #2 of the Houston Astros celebrate defeating the Los Angeles Dodgers 5-1 in game seven to win the 2017 World Series at Dodger Stadium on November 1, 2017 in Los Angeles, California. (Photo by Harry How/Getty Images)
LOS ANGELES, CA - NOVEMBER 01: Marwin Gonzalez #9, Alex Bregman #2, Jose Altuve #27, and Carlos Correa #1 of the Houston Astros celebrate defeating the Los Angeles Dodgers 5-1 in game seven to win the 2017 World Series at Dodger Stadium on November 1, 2017 in Los Angeles, California. (Photo by Ezra Shaw/Getty Images)
LOS ANGELES, CA - NOVEMBER 01: The Houston Astros celebrate defeating the Los Angeles Dodgers 5-1 in game seven to win the 2017 World Series at Dodger Stadium on November 1, 2017 in Los Angeles, California. (Photo by Tim Bradbury/Getty Images)
LOS ANGELES, CA - NOVEMBER 01: The Houston Astros celebrate defeating the Los Angeles Dodgers 5-1 in game seven to win the 2017 World Series at Dodger Stadium on November 1, 2017 in Los Angeles, California. (Photo by Harry How/Getty Images)
LOS ANGELES, CA - NOVEMBER 01: The Houston Astros celebrate defeating the Los Angeles Dodgers 5-1 in game seven to win the 2017 World Series at Dodger Stadium on November 1, 2017 in Los Angeles, California. (Photo by Harry How/Getty Images)
LOS ANGELES, CA - NOVEMBER 01: George Springer #4 of the Houston Astros celebrates defeating the Los Angeles Dodgers 5-1 in game seven to win the 2017 World Series at Dodger Stadium on November 1, 2017 in Los Angeles, California. (Photo by Ezra Shaw/Getty Images)
LOS ANGELES, CA - NOVEMBER 01: Alex Bregman #2 and Jose Altuve #27 of the Houston Astros celebrate after defeating the Los Angeles Dodgers 5-1 in game seven to win the 2017 World Series at Dodger Stadium on November 1, 2017 in Los Angeles, California. (Photo by Harry How/Getty Images)
LOS ANGELES, CA - NOVEMBER 01: Justin Verlander #35 of the Houston Astros celebrates with fiancee Kate Upton after the Astros defeated the Los Angeles Dodgers 5-1 in game seven to win the 2017 World Series at Dodger Stadium on November 1, 2017 in Los Angeles, California. (Photo by Ezra Shaw/Getty Images)
LOS ANGELES, CA - NOVEMBER 01: Justin Verlander #35 of the Houston Astros holds the Commissioner's Trophy after defeating the Los Angeles Dodgers 5-1 in game seven to win the 2017 World Series at Dodger Stadium on November 1, 2017 in Los Angeles, California. (Photo by Ezra Shaw/Getty Images)
LOS ANGELES, CA - NOVEMBER 1: Kevin Burhardt of FOX interviews 2017 Willie Mays World Series MVP George Springer #4 of the Houston Astros after he is presented with the MVP trophy after Game 7 of the 2017 World Series against the Los Angeles Dodgers at Dodger Stadium on Wednesday, November 1, 2017 in Los Angeles, California. (Photo by Rob Tringali/MLB Photos via Getty Images)
LOS ANGELES, CA - NOVEMBER 1: Carlos Correa #1 of the Houston Astros celebrates with teammates on the field after the Astros defeated the Los Angeles Dodgers in Game 7 of the 2017 World Series at Dodger Stadium on Wednesday, November 1, 2017 in Los Angeles, California. (Photo by Rob Tringali/MLB Photos via Getty Images)
LOS ANGELES, CA - NOVEMBER 01: The Houston Astros celebrate defeating the Los Angeles Dodgers 5-1 in game seven to win the 2017 World Series at Dodger Stadium on November 1, 2017 in Los Angeles, California. (Photo by Kevork Djansezian/Getty Images)
LOS ANGELES, CA - NOVEMBER 1: Alex Bregman #2 and Brian McCann #16 of the Houston Astros celebrate in the clubhouse after the Astros defeated the Los Angeles Dogdgers in Game 7 of the 2017 World Series at Dodger Stadium on Wednesday, November 1, 2017 in Los Angeles, California. (Photo by Alex Trautwig/MLB Photos via Getty Images)
LOS ANGELES, CA - NOVEMBER 1: Members of the Houston Astros celebrate in the clubhouse after defeating the Los Angeles Dodgers in Game 7 of the 2017 World Series at Dodger Stadium on Wednesday, November 1, 2017 in Los Angeles, California. (Photo by Alex Trautwig/MLB Photos via Getty Images)
LOS ANGELES, CA - NOVEMBER 1: Members of the Houston Astros celebrate in the clubhouse after defeating the Los Angeles Dodgers in Game 7 of the 2017 World Series at Dodger Stadium on Wednesday, November 1, 2017 in Los Angeles, California. (Photo by Alex Trautwig/MLB Photos via Getty Images)
LOS ANGELES, CA - NOVEMBER 01: (L-R) Justin Verlander #35, Jose Altuve #27, and Dallas Keuchel #60 of the Houston Astros hold the Commissioner's Trophy after defeating the Los Angeles Dodgers 5-1 in game seven to win the 2017 World Series at Dodger Stadium on November 1, 2017 in Los Angeles, California. (Photo by Kevork Djansezian/Getty Images)
LOS ANGELES, CA - NOVEMBER 01: The Houston Astros celebrate in the clubhouse after defeating the Los Angeles Dodgers 5-1 in game seven to win the 2017 World Series at Dodger Stadium on November 1, 2017 in Los Angeles, California. (Photo by Harry How/Getty Images)
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Altuve, a five-time All-Star, finished third in the MVP vote in 2016, when he hit .338 with 24 home runs, 96 RBIs and stole 30 bases.

On his new deal, Altuve, who stands 5-foot-6, will be the sixth player in major league history to average $30 million annually, joining Zack Greinke ($34.4 million), David Price ($31.0M), Miguel Cabrera ($31.0M), Clayton Kershaw ($30.7M) and Max Scherzer ($30M).

--Field Level Media

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