Peralta signs 5 year contract extension

Making a move to secure their future, the Cleveland Indians signed shortstop Jhonny Peralta to a reported 5 year contract extension (plus an option year). I see this as a shrewd move. Pay a little more now to avoid the ugliness of the arbitration process. This is especially important considering the lack of middle infield talent in the Indians minor league system. Next moves should be to sign Cliff Lee and Grady Sizemore to similar deals.