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Associated Press
Colorado Rockies Owner & CEO Dick Monfort arrives for the MLB owner's meetings, Wednesday, Jan. 11, 2012, in Phoenix. (AP Photo/Matt York)

Bud Selig said after his last contract that he would retire from baseball.

Three years later, he's about to see his term as commissioner get extended yet again.

Baseball's owners are expected to offer Selig a two-year extension during meetings at Sanctuary Resort, a deal that would keep him in office until after he turns 80. The offer could come on Thursday.

Owners also are expected to approve completion of the sale of the San Diego Padres from John Moores to Jeff Moorad and discuss plans for a new wild-card playoff format.

MORALES RE-SIGNS WITH ANGLES: Injured first baseman Kendrys Morales and the Los Angeles Angels agreed Wednesday to a one-year contract worth $2,975,000, avoiding salary arbitration. The former Salt Lake Bees player hasn't played since breaking his left ankle while jumping on home plate to celebrate a game-ending grand slam May 29, 2010.

GIANTS INK VOGELSONG: Ryan Vogelsong and the San Francisco Giants have agreed to a two-year contract worth approximately $8.3 million after he became one of the team's most reliable starters and an unlikely All-Star last season. The 34-year-old right-hander had been eligible for arbitration.