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The Brewers give Corey Hart a three-year extension

UPDATE: Buster tweets that Hart’s extension is for $26.5 million over three years.

9:30 A.M.: The subject of trade rumors for weeks, Corey Hart remained a Brewer after Saturday’s deadline hit. And he’ll remain a Brewer for some time into the future as well, given that Milwaukee just announced that Hart has agreed to a three-year extension through the 2013 season.

According to Tom Haudricourt, the deal buys out the final year of Hart’s arbitration eligibility in 2011 as well as his first two years of free agency. No financial terms were released but Haudricourt suspects that the deal is worth close to $25 million based on what he’s making now and what he could expect to get in arbitration.

Hart is hitting .288/.346/.565 this season. If he holds up over the next two months it will certainly be his best season in the majors, but it’s not like this is so far removed from his past performance that we can’t expect him to be productive over the next three seasons and, more or less, worth his contract.