Update 18:44: MLB.com reports that the extension buys out Victorino’s final two years of salary arbitration and his first year of free agency. The official announcement is expected to occur on Friday.

According to Craig Calcaterra of of NBC Sports, the Philadelphia Phillies and Shane Victorino have agreed to a three-year, $22 million contract.

If this deal is completed, Carlos Ruiz will be the only arbitration-eligible Phillie left.

Victorino, 29, had a .292 batting average with 10 home runs and 62 RBIs with the Phillies in 2009 while making $3.125 million. You can see Victorino’s contract history and statistics here.