7:09pm: MLB.com's Matthew Leach has the full financial breakdown. Westbrook will be paid $8MM in 2011 and then $8.5MM in 2012. He receives no buyout if he declines the mutual option, but $1MM if the team declines it. The 2013 option is worth another $8.5MM. The deal also includes a blanket no-trade clause, which Leach indicates was a concession in exchange for no guaranteed third year (Twitter link).
6:59pm: Rosenthal clarifies the amount of the deal in another tweet, saying that Westbrook is guaranteed $17.5MM when you include the buyout for the mutual option should the team decline.
5:37pm: FoxSports.com's Ken Rosenthal says the deal is worth $16.5MM total.
5:19pm: The Cardinals have re-signed Jake Westbrook to a two-year deal with a mutual option for 2013, tweets Ed Price of AOL FanHouse. Terms of the deal are unknown at this time.
Westbrook, 33, joined the Cardinals in a three-team trade that sent Ryan Ludwick to the Padres and prospects to the Indians at the deadline. He pitched to a 3.48 ERA with 6.6 K/9 and 2.9 BB/9 in 75 innings for St. Louis. After missing the 2009 season due to Tommy John surgery, Westbrook's overall season looked very much like the rest of his career: an ERA in the 4.20's and lots of innings.
