Brewers Sign 21-Year-Old Outfield Prospect Luis Lara to Seven-Year Contract Extension Worth Up to $79 Million

The Milwaukee Brewers signed outfield prospect Luis Lara to a seven-year contract extension, the team announced Tuesday. The agreement includes $31 million in guaranteed money and maxes out at $79 million, sources told ESPN's Jeff Passan. It runs through 2032 with team options for 2033, 2034 and 2035.

"Luis is an exciting young talent, and we're thrilled to commit to him long term," Brewers president of baseball operations Matt Arnold said in a statement. "He has proven to be one of the premier defensive outfielders in the minor leagues, and he has taken tremendous strides forward offensively this season. " Lara, 21, is considered a plus defender in center field.

He has gone from unranked among Brewers prospects at the start of the season to No. 5 in the latest rankings by ESPN's Kiley McDaniel, largely because of his improved exit velocity and in-game loft, which had spiked his isolated slugging by about 80 points entering the month. The 2022 international signee has 144 stolen bases in 447 minor league games.

338 this season and has seven home runs after never having hit more than four in any prior season. The Brewers, who had the majors' top farm system entering the season, per ESPN, are locking up their prospects to long-term deals. 75 million contract.

Information from The Associated Press was used in this report.