UPDATE: Fox Sports has confirmed: http://msn.foxsports.com/mlb/story/8141962/Brewers-give-young-star-Braun-long-term-deal
ESPN Radio here in Madison just reported that Ryan Braun has agreed to a 7-year extension. No news from the media yet. All I could find was this vague link from brewers.com reporting a major press conference. I'm sure updates will be posted when available. No word yet on money...
This certainly would be a huge move. It will also be interesting to see how it affects negotiations with Sheets, Fielder, Hart, etc.