Dustin Pedroia is likely to end his career as a member of the Red Sox.
The second baseman has agreed to terms on a seven-year, $100 million contract extension that would take him through the 2021 season - at which point he will be 38 years-old - a baseball source confirmed to the Globe.
Pedroia is signed through the 2014 season. The Red Sox held a team option worth $11 million for 2015 but will forfeit that under the terms of the new contract. Starting in 2015, Pedroia will receive an average of $14.28 million a season.
Pedroia also has full no-trade protection. It is the first $100 million deal for a second baseman in baseball history.
The Red Sox had dual motivations to sign Pedroia now rather than waiting for his current deal to expire. From owner John Henry down throughout the organization, Pedroia is regarded as a model player both for his performance and personality. He has become the de facto captain of the team and, along with designated hitter David Ortiz, the face of the franchise.
The Red Sox also should benefit by signing Pedroia before Yankees second baseman Robinson Cano becomes a free agent after the season and potentially sets a new standard for that position.
Although Pedroia compares favorably to Cano statistically and is 10 months younger, Cano could realize an average annual value of close to $20 million.
Pedroia has become a cornerstone for the Red Sox since taking over as the starting second baseman in 2007. He won the Rookie of the Year award that year, and then AL MVP honors the next.
He’s also been a four-time All-Star, with his most recent honor coming at last week’s Midsummer Classic.
This season, he has hit .308 with a .385 OBP, six home runs and 57 RBIs (through Monday’s game).
Pedroia emerged from the stain of the 2011 and 2012 seasons as one of the leaders in the Red Sox clubhouse who vowed to restore the team’s passion for winning.
“I was pretty upset with the way everything had been going,” Pedroia said of the 2011-12 seasons during spring training. “We weren’t the same kind of team we were when I first got called up.”
Pedroia said it’s important to him to maintain the high standard he absorbed from his Red Sox teammates when he first came onto the roster in 2006 and 2007.
“When I got called up, the veteran guys expressed a sense of urgency that we had to win,” Pedroia said. “I got thrown into that fire and I think ever since then I play with that sense of urgency that every game is life or death.”
News of the Pedroia extension was first reported by WEEI.com.