The official announcement of Tim Hudson's contract extension with the Atlanta Braves has finally arrived. David O'Brien tweets that the extension is official, and that it is a three-year deal with a fourth-year option. More details here as they become available.
The financial details are in the Braves favor. Hudson took a hometown discount for his three-year with a fourth year option contract at $9 million a year. The club can buyout the fourth year for $1 million. Fantastic contract for the Braves, especially since Hudson is still in his prime.