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Arlington, TX (Sports Network) - The Texas Rangers and two-time All-Star second baseman Ian Kinsler have agreed to terms on a five-year contract extension.

The deal, which will start next season pending a Tuesday physical, is for $75 million with a club option for a sixth year, according to MLB.com.

An official announcement is expected to be made Wednesday.

The 29-year-old originally set a deadline of Opening Day to get the deal done. Both sides talked throughout the offseason and spring training, but an agreement wasn't made prior to Friday's season-opener against Chicago.

Kinsler, who has spent his entire seven-year career with Texas, put together his second 30-30 season in 2011 with 32 home runs and 30 steals. He hit .255 with 77 runs batted in.

Kinsler hit a three-run home run against Seattle on Monday, and is batting .333 with two homers and four runs batted in four games this season.