Another arm off the market?

THE ASSOCIATED PRESS

CHICAGO -- Multiple media outlets were reporting Wednesday night that the Chicago White Sox and pitcher John Danks have agreed in principle on a contract extension.

ESPNChicago.com and CBSSports.com, citing anonymous sources, reported the extension is for five years. CBSSports.com also reported the deal is for US$65 million and will likely be announced after Christmas, assuming Danks passes a physical.

The White Sox did not return messages seeking comment Wednesday night.

A 15-game winner in 2010, Danks slumped last season and was 8-12 with a 4.33 ERA. The left-hander reportedly was on the trade market, but now, it appears the White Sox might try to rebuild with him after ace Mark Buehrle signed with the Miami Marlins. Danks would have been eligible for free agency after next season.