Outfielder Mookie Betts and the Los Angeles Dodgers are in agreement on a 12-year, $365 million contract extension, sources familiar with the deal tell ESPN. Combined with the one-year, $27 million deal he’s currently under, the total is 13 years and $392 million.

Mookie Betts’ deal with the Dodgers adds $365 million in new money, topping the previous extension record of $360 million signed by Mike Trout, and will run through the 2032 season, sources tell ESPN. It also includes a record $65 million signing bonus.

The Mookie Betts contract extension, which tacks 12 years and $365M onto his $27M salary (of which pro rata pay is $10M) this year, is stunning. While deferrals in the deal are expected, the sheer size of the number — $392M — illustrates how much the Dodgers believe in Betts.