Report: Braves sign Olson to eight-year, $168M extension

Matt Olson is back home in Atlanta and planning to stick around.

ESPN's Jeff Passan reports the Atlanta Braves are signing their newly acquired first baseman to an eight-year, $168 million extension.

Not only does Atlanta have a new 1B in Matt Olson, it’s going to have him for a long, long time. Olson and the Braves have agreed on an eight-year, $168 million contract extension, sources tell ESPN. Atlanta locks up the hometown kid two years before he was due to hit the market.

The Atlanta native was acquired from the Oakland Athletics on Monday in a multi-player deal. The 27-year-old Olson will replace longtime first baseman Freddie Freeman, who is currently a free agent and will not return.

An All-Star in 2021, Olson batted .271 last season with 39 home runs, 111 runs batted in and a .911 OPS.

He heads into his seventh big-league season.