From the :

Santana's negotiations hit a snag late last week but have resumed. Neither side would discuss terms, but the Twins' latest offer is believed to be a four-year deal worth almost $40 million with a fifth-year option. It likely would take a contract comparable to the one Toronto's Roy Halladay signed after he won the AL Cy Young Award in 2003 — a four-year, $42 million deal.