Rangers discussing a contract extension with Elvis Andrus

Andrus is reportedly close to becoming baseball's newest $100 million man. (USATSI)

The Rangers and shortstop Elvis Andrus are discussing a contract extension, reports CBSSports.com's Jon Heyman. Heyman adds that $120 million is on the table but the two sides aren't close to an agreement. Ken Rosenthal of Fox Sports first reported the sides were talking about an eight-year agreement.

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Andrus, 24, would join Jered Weaver and Carlos Gonzalez as the rare Scott Boras client to sign a long-term extension in lieu of free agency. He is already under contract for both 2013 ($4.8 million) and 2014 ($6.475 million), after which he would hit the open market.

Acquired by Texas in the Mark Teixeira blockbuster with the Braves in July 2007, Andrus has emerged as one of baseball's best all-around shortstops in recent years. He's a .275/.342/.352 (84 OPS+) career hitter who has averaged roughly 31 steals per season. Last year, he hit .286/.349/.378 (91 OPS+) with three homers.

Andrus really shines with the glove, with both UZR (+29.3) and DRS (+23) rating him as well-above-average defensively in his four-year career. Add in tremedous durability -- no career DL stints and at least 145 games played in all four seasons -- and you have one of baseball's best and most valuable young players. With nine figures on the table, the Rangers apparently agree.

Locking up Andrus long-term would open a lot of doors for the Rangers, who also have shortstop prospect Jurickson Profar -- the consensus best prospect in baseball -- on the verge of the big leagues. Texas reportedly balked at including Profar in a trade package for Justin Upton this offseason, which led to Upton being traded to the Braves.

The Rangers have six players under contract beyond the 2014 season: Adrian Beltre, Ian Kinsler, Yu Darvish, Matt Harrison, Leonys Martin and Derek Holland.

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