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Trevor Hoffman Re-Signs With Brewers

10/05/2009 4:48 PM ET By Matt Snyder

    • Matt Snyder
    • Matt Snyder is an NFL and MLB Blogger for FanHouse
Trevor HoffmanThe ageless closer has at least one more year in him -- and maybe even two. Multiple outlets are reporting that Trevor Hoffman has signed a new contract to remain with the Milwaukee Brewers.

According to Tom Haudricourt of the Milwaukee Journal-Sentinel, the deal will pay Hoffman $8 million in 2010 and has a mutual option for 2011. The option contains escalators involving Hoffman's 2010 stats and could pay him up to $8.5 million in 2011. There is also a $500,000 buyout -- which grows to $1 million if Hoffman reaches 40 saves in 2010 -- should the Brewers decide not to retain Hoffman's services for 2011.

Hoffman saved 37 games in 2009 after beginning the season on the disabled list. He put up a 1.93 ERA and 0.91 WHIP, which were his lowest figures since 1998. He also qualified for his seventh All-Star game. There definitely appears to be some gas left in the tank of the 41-year-old.

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