It's rumoured, and the Cards have called a press conference for this afternoon, to announce they have signed Lohse to a long term contract.
The St. Louis Post states that the contract will be in the neighbourhood (my words) of Carlos Silva's 4 year, $48M deal.
Lohse has averaged a 10-11 record, 4.67 ERA over his 7.5 years in the majors.