Okay, so we worried about Walt not being renewed (okay it was more of brief look of consternation on the face of Cardinal Nation) and we worried that he wouldn't get what he's worth (more than So Taguchi, at least), but it was apparently all for naught.

The Post-Dispatch reports:

The Cardinals announced today that general manager Walt Jocketty agreed to a three-year contract extension through 2007.

Financial terms were not disclosed. According to Post-Dispatch columnist Bernie Miklasz, Jocketty's average salary will be more than $1 million per year.

That makes him worth at least 3 Hector Lunas.