The deal, the completion of which is pending the physical exam, includes a fourth-year club option that could bring the overall value to more than $20 million.
Snyder has four years of major league service, so Arizona is buying out two years of salary arbitration and his first year of free agency with the three guaranteed years. If the Diamondbacks exercise their club option for 2012, they'll buy out a second year of free agency as well.
Snyder, 27, was Arizona's second-round pick in the 2002 first-year player draft. He's a .238 hitter with 46 home runs in five seasons as a Diamondback. Last year Snyder put up his best career power numbers, hitting 16 homers and driving in 64 runs in 115 games.
Valencia Given Massive €40 Million Cash Boost
Hughton Backs Newcastle’s Xisco To Improve
Embree guaranteed $2.25 million by Rockies
Reports: D-backs agree with Lopez to play 2B
