Matt appeared in a club rookie record 85 games while leading all major league rookies in appearances during his first full season in the big leagues in 2006. In addition to posting a 9-1 record and 3.79 ERA, he also allowed the second-fewest walks (12) among all pitchers in the majors (minimum 80.0 innings).
"We are pleased to reach agreement on a mutually beneficial contract with Matt Capps," said Pirates' GM Neal Huntington. "This contract provides the club cost certainty, gives Matt some financial protection and will allow the Pirates to avoid the arbitration process following this season."
The 24-year-old pitcher was selected by the Pirates in the seventh round of the 2002 First-Year Player Draft.