Iglesias will not be arbitration-eligible until the 2015-16 offseason, and he is under team control through the 2018 season.
Iglesias, 23, finished second in the American League Rookie of the Year Award voting this season after hitting .303 between the Red Sox and Tigers. He was dealt midseason when Detroit was in need of a contingency plan to replace the suspended Jhonny Peralta. The sure-handed Iglesias is expected to be the Tigers' shortstop for the foreseeable future.
Joey Nowak is a reporter for MLB.com. Follow him on Twitter at @joeynowak. This story was not subject to the approval of Major League Baseball or its clubs.