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SportsSeptember 13, 2011

NEW YORK -- Pitcher Chris Carpenter and the St. Louis Cardinals are closing in on a $21 million, two-year contract, a person familiar with the negotiations said. The person spoke Monday on condition of anonymity because negotiations are not yet complete. The agreement will be announced this week...

The Associated Press

NEW YORK -- Pitcher Chris Carpenter and the St. Louis Cardinals are closing in on a $21 million, two-year contract, a person familiar with the negotiations said.

The person spoke Monday on condition of anonymity because negotiations are not yet complete. The agreement will be announced this week.

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St. Louis has a $15 million option for next season, of which $2 million is deferred without interest, as part of a $63.5 million, five-year contract agreed to in December 2006. That deal carries a $1 million buyout.

Carpenter is 9-9 with a 3.75 ERA in 30 starts this year and 142-92 with a 3.79 ERA in 14 seasons with the Toronto Blue Jays and the Cardinals.

The 36-year-old right-hander won the 2005 NL Cy Young Award, then missed most of the 2007 and 2008 seasons due a series of arm injuries.

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