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Source: Alexei Ramirez extended

Updated: January 31, 2011, 10:27 PM ET
ESPNChicago.com

CHICAGO -- The Chicago White Sox have agreed to a four-year contract extension with shortstop Alexei Ramirez, a major league source told ESPNChicago.com's Doug Padilla.

The source said the deal won't become official until the completion of a physical.

A report in Miami's El Nuevo Herald, however, said the contract is for $32.5 million and includes an option for a fifth year.

In December, the White Sox exercised Ramirez's $2.75 million option for 2011.

Ramirez led ...

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