Kevin Youkilis

According to Peter Gammons of ESPN.com, the Boston Red Sox and Kevin Youkilis have agreed to a 4-year, $40 million deal with an option for a 5th year. However, Amalie Benjamin of the Boston Globe is reporting that the two sides are “close” to a deal.

Either way, it’s like Youkilis will be around for the forseeable future with the Red Sox.

Youkilis hit .312 with 29 home runs and 115 RBIs and finished third in the AL MVP voting last season while playing both first and third base for the Red Sox.

This also keeps Theo Epstein’s streak of avoiding arbitration alive as he’s never had to go that far in his time as the Red Sox GM.

Update 6:15 PM: Tony Massarotti of the Boston Globe reports that the deal has been agreed to in principle. It’s a 4-year, $40 million deal with a $13 million club option for 2013.