2:40pm: Kotsay's extension is worth $1.3MM, tweets Jon Heyman of CBSSports.com.
10:33am: The Padres announced via press release that they have agreed to terms on a contract extension with Kotsay. “Mark provides versatility and a very good late-game at-bat,” General Manager Josh Byrnes said. “He brings invaluable leadership to our club and has become one of the key members of our team.”
9:20am: The Padres are set to extend veteran Mark Kotsay through the 2013 season today, according to Corey Brock of MLB.com (via Twitter). San Diego has been impressed by the veteran's clubhouse presence and his bat off of the bench, according to Brock.
Kotsay, 36, has a .275/.333/.363 slash line with one home run in 111 plate appearances. The outfielder/first baseman made just $1.25MM this season and earned trade interest from multiple clubs in July, including the Reds. Kotsay owns a .278/.334/.409 batting line across his 16-year career.