The Blue Jays have signed Roy Halladay to a three year, $40 million extension, for the 2008-2010 seasons. Per the wire service, Halladay will earn $10 million in 2008, $14.25 million in 2009 and $15.75 million in 2010.
With 18 months between now and Halladay's being eligible for free agency, you could argue that Toronto jumped the gun, but they were willing to go 5 years for A.J. Burnett, who was a much riskier proposition...
So locking up Roy Halladay, one of the best pitchers in baseball, through age 33 would seem to be in character.
Not sure how I feel about the extension, though...