The deal would keep the All-Star third baseman under contract with the Mets through the 2020 season, when he will be 37.
The sports-talk station first reported the agreement early Friday.
Without a new contract, Wright would be eligible for free agency after next season. Last month, the Mets exercised his $16 million option for 2013. That money is included in the new agreement, according to WFAN, which broadcasts Mets games.
Wright batted .306 with 21 homers and 93 RBIs last season. A homegrown fan favorite, he is the club’s career leader in several major offensive categories.
Source: Associated Press