Third baseman Josh Donaldson, the American League's Most Valuable Player in 2015, has signed a two-year, $US28.65 million ($A40.5 million) contract extension with the Toronto Blue Jays, the Major League Baseball team said on Wednesday.
Donaldson, 30, will earn $US11.65 million ($A16.41 million) in 2016 and $US17 million ($A24 million) in 2017, the Blue Jays said in a statement.
Traded to Toronto by the Oakland Athletics before the start of the 2015 season, Donaldson thrived with his new team and helped them end a 22-year absence in the post-season by claiming the American League (AL) East crown.
He clouted 41 home runs, drove in an AL-leading 123 runs for the high-powered Toronto attack, and batted .297.
Donaldson was named as a starter to the 2015 MLB All-Star Game after earning the most fan votes, received the Hank Aaron Award as the AL's best hitter and won his first Silver Slugger award at third base.

