Angels, Jered Weaver agree to five-year deal worth $85 million

Per Ben Bolch of the Los Angeles Times, it is believed that the Angels and ace Jered Weaver have agreed to a five-year deal that is worth $85 million. Bolch notes that Weaver's agent Scott Boras would not confirm that news over the phone.

That said, the Angels have scheduled a news conference for tomorrow afternoon.

Despite his poor performance on August 13th (eight earned runs), Weaver has a 2.10 ERA and is 14-6 on the season. He leads the A.L. in ERA and is second in all of baseball behind Cincinnati's Johnny Cueto (1.89).

Weaver's ERA has declined every year since 2008: 4.33 to 3.75 (2009) to 3.01 (2010) to 2.10 (2011).

Last year, Weaver led all of baseball in strikeouts (233). This year, Weaver has struck out 158 batters in 188.1 innings pitched.