Jays have signed Adam Lind to extension - 4 years worth $18 million
Apparently it is four years with three club options. Sounds similar to the deal Aaron Hill signed a couple of years ago.
So the Jays are guaranteed to have Lind through his arbitration years, and maybe more than that depending on his performance from there.
If Lind hits anywhere near like he did in 2009 moving forward, that's a pretty good deal. Remember he is a DH with no defensive value so everything will be tied to his offense. He has to hit. Regardless, this gives the team cost certainty on one of their best players for the next few years which is definitely a good thing with Vernon's noose still around the team's neck.
(Edit) More from Bastian:
Lind will earn $400K this year with a $600K bonus. Will earn $5m in each of 2011-13 seasons. $2m buyout for '14 makes it $18m guaranteed.
Club options are on a year by year basis in the offseasons before the 2014, 2015, 2016 seasons.