Wade to receive contract extension

The Astros have extended the contract of general manager Ed Wade through 2012, a Major League baseball source has confirmed. The club has not commented, but an official announcement is expected later today.

Wade has hired on Sept. 20, 2007 and is entering his third full season as the club’s 11th general manager. A veteran of 33 Major League seasons, Wade spent eight years as the general manager of the Philadelphia Phillies (1998-2005) before coming to the Astros.

Some of Wade’s biggest additions have been center fielder Michael Bourn, who won team Most Valuable Player honors in 2009 after hitting .285 and stealing 61 bases. Trades for LaTroy Hawkins and Randy Wolf were solid additions, with Wolf helping the Astros make a late-season surge in 2008.