A person familiar with the negotiations tells The Associated Press that the Arizona Diamondbacks and young All-Star outfielder Justin Upton are closing in on a six-year contract.

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The deal would be worth just over $50 million, the person said Tuesday, speaking on condition of anonymity because the contract has not been finalized.
The 22-year-old Upton made his first All-Star game last season, when he hit .300 with 26 homers and 86 RBIs. The Diamondbacks made Upton the No. 1 pick overall in the 2005 amateur draft. His older brother B.J. was the second pick overall in 2002.

Oddsmakers from online sports book BroburySports.com have made the Diamondbacks a 50/1 long shot to win the 2010 World Series.

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Posted: 3/3/10 2:07AM ET

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