The deal is worth $72.8 million and will not start until the 2017 season. Belt spoke on his excitement to stick around with the core players of the team, including the likes of Buster Posey, Brandon Crawford, and Madison Bumgarner. Crawford recently received an extension of six years in November.
The first baseman agreed to a one-year deal with the club in February, but the intentions were to keep him around long enough to reach a long-term agreement. The extension includes a $6 million signing bonus, and will give him the right to list 10 teams that he cannot be traded to without his consent.
The 27-year-old would've been eligible for free agency after next season, but took a physical Saturday morning to end those talks and make the deal official. He hit .280, with 18 home runs and 68 RBIs last season.
The Giants would go on to miss the playoffs that season, but have gotten off to a nice start this year, and Belt will be sure to keep them in the race for years to come.