What happened: The Milwaukee Brewers have reached an agreement with outfielder Luis Lara on a seven-year, $31 million contract extension that includes three club options. The deal, which mirrors the club's strategy with other top talent, could reach a maximum value of $79 million through the 2035 season.

Why it matters: Luis Lara follows Jackson Chourio as the latest Milwaukee prospect to secure a long-term future before reaching the major leagues. The 21-year-old's significant power breakout at Triple-A this season has accelerated the club's timeline to cement him as a foundational piece of their outfield defense.

What to watch: The extension requires Lara to be added to the 40-man roster immediately, paving the way for a potential MLB call-up later this summer.