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Hell yeah, my DBacks just signed Brandon Webb to a 4 year extension with a 5th year team option. Details haven't been released but it's thought to be in the range of 20-25M. This buys out the all of his arbitration years and at least the first year of free agency (the option would have been his second FA year). Supposedly they are trying to to somthing similar with Chad Tracy. I think this is the wrong time to extend Tracy. He had an average year in 04 and what could have been a career year in 05. He's bound to regress this season and he isn't even arb eligible till 07.
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