The Padres and outfielder Carlos Quentin have reached agreement on a three-year contract extension. The deal was scheduled to be announced at a Petco Park news conference before Sunday's game against the Colorado Rockies.

Quentin, who starred at University of San Diego High School, is in his first season with the Padres and was the subject of much trade speculation. CBSSports.com reported the extension would be worth about $27 million with a bonus that could push the value to $30 million.

Quentin, who will be 30 next month, missed the first two months of this season with a knee injury. He has played in 40 games for the Padres with a .273 batting average, .389 on-base percentage and .525 slugging percentage. He has nine homers and 22 RBI.