Headlines

  • Jake McGee Retires
  • Royals Re-Sign Zack Greinke
  • Orioles To Decline Five-Year Lease Extension At Camden Yards, Seeking Longer-Term Agreement With Maryland Stadium Authority
  • Mariners, Dylan Moore Agree to Three-Year Extension
  • Blue Jays Sign Chad Green
  • Rays Extend Yandy Diaz
  • Previous
  • Next
Register
Login
  • Hoops Rumors
  • Pro Football Rumors
  • Pro Hockey Rumors

MLB Trade Rumors

  • Home
  • Teams
    • AL East
      • Baltimore Orioles
      • Boston Red Sox
      • New York Yankees
      • Tampa Bay Rays
      • Toronto Blue Jays
    • AL Central
      • Chicago White Sox
      • Cleveland Guardians
      • Detroit Tigers
      • Kansas City Royals
      • Minnesota Twins
    • AL West
      • Houston Astros
      • Los Angeles Angels
      • Oakland Athletics
      • Seattle Mariners
      • Texas Rangers
    • NL East
      • Atlanta Braves
      • Miami Marlins
      • New York Mets
      • Philadelphia Phillies
      • Washington Nationals
    • NL Central
      • Chicago Cubs
      • Cincinnati Reds
      • Milwaukee Brewers
      • Pittsburgh Pirates
      • St. Louis Cardinals
    • NL West
      • Arizona Diamondbacks
      • Colorado Rockies
      • Los Angeles Dodgers
      • San Diego Padres
      • San Francisco Giants
  • About
    • MLB Trade Rumors
    • Tim Dierkes
    • Writing team
    • Advertise
    • Archives
  • Contact
  • Tools
    • 2022-23 MLB Free Agent List
    • Top 50 Free Agents
    • Projected Arbitration Salaries For 2023
    • Transaction Tracker
    • Extension Tracker
    • Arbitration Tracker
    • Agency Database
  • NBA/NFL/NHL
    • Hoops Rumors
    • Pro Football Rumors
    • Pro Hockey Rumors
  • App
  • Chats
Go To Pro Hockey Rumors
Go To Hoops Rumors

Giants Extend Buster Posey

By Zachary Links | March 29, 2013 at 10:58pm CDT

Buster Posey said that he wanted to be a Giant for life, and he got his wish with a record-breaking deal that can keep him in San Francisco through his age 36 season.  The Giants signed the star catcher to an eight-year, $159MM extension that will get underway after the 2013 season.  In total, the new deal will pay the CAA client $167MM over nine years with a $22MM option for 2022, since it overwrites his previously agreed-upon 2013 salary.  

Uspw_6670784

The 26-year-old gets a $7MM signing bonus as part of the deal and will receive a $3MM buyout if his option year is not triggered. The hefty contract extension also provides the catcher with a full no-trade clause.  The breakdown has Posey earning $3MM in 2013, $10.5MM in 2014, $16.5MM in '15, $20MM in '16, and $21.4MM per season from 2017-2021.

In his young MLB career, Posey has won the Rookie of the Year award, two World Series titles, and the 2012 National League MVP award.  Across four seasons, Posey owns a .314/.380/.503 batting line and is coming off of a season where he belted a career high 24 homers.  

Posey's contract covers his three remaining years of arbitration and five years of free agency, plus an option that could take care of a sixth free agency year.  Before this contract, no catcher had earned more than Mike Napoli's $20.8MM for his arbitration years, and Posey nearly triples that.  His $57MM arbitration total is third-highest all-time, behind Ryan Howard and Tim Lincecum.  Posey's contract is the largest deal ever given to a catcher and second in dollars to Joe Mauer's eight-year, $184MM deal with the Twins.  The contract also marks a record guarantee for a player with fewer than four years of service time.  The previous holder of that distinction was Todd Helton, who had an eleven-year deal worth $151.45MM.

The Giants' deal with Posey represents their second consecutive year with a major contract extension completed just prior to Opening Day.  Last year, right-hander Matt Cain - also represented by CAA's Jeff Berry – cashed in with a five-year, $112.5MM pact.  For Berry, this deal is just the latest on a resume full of lucrative extensions.  As MLBTR's Extension Tracker shows, he has recently ironed out deals for clients Mark Buehrle, Jake Peavy, and John Danks.

Terms of the deal were provided by Buster Olney of ESPN.com (on Twitter) while Andrew Baggarly of CSNBayArea.com tweeted the value of the option year.  John Shea of the San Francisco Chronicle (on Twitter), Jon Heyman of CBSSports.com (on Twitter), and the AP reported other details of the agreement.  Photo courtesy of USA Today Sports Images.

Share 25 Retweet 33 Send via email0

San Francisco Giants Transactions Buster Posey

AL East Notes: Red Sox, Bradley, Cashman, O’s
Main
Tigers Extend Justin Verlander
View Comments (0)

Leave a Reply Cancel reply

Please login to leave a reply.
Log in Register

ad: 300x250_1_MLB

    Top Stories

    Jake McGee Retires

    Royals Re-Sign Zack Greinke

    Orioles To Decline Five-Year Lease Extension At Camden Yards, Seeking Longer-Term Agreement With Maryland Stadium Authority

    Mariners, Dylan Moore Agree to Three-Year Extension

    Blue Jays Sign Chad Green

    Rays Extend Yandy Diaz

    Dexter Fowler Announces Retirement

    Mets Sign Jeff McNeil To Four-Year Extension

    Red Sox, Marlins Swap Matt Barnes For Richard Bleier

    Darren O’Day Announces Retirement

    Braves Extend Manager Brian Snitker Through 2025

    Rays Sign Pete Fairbanks To Extension

    Royals Sign Aroldis Chapman To One-Year Deal

    Athletics Sign Jesús Aguilar

    Orioles Acquire Cole Irvin From A’s

    Astros Name Dana Brown General Manager

    Rays Extend Jeffrey Springs

    Royals, Red Sox Swap Adalberto Mondesi For Josh Taylor

    Red Sox Designate Matt Barnes For Assignment

    Scott Rolen Elected Into Baseball Hall Of Fame

    Recent

    Dodgers Sign Luke Williams, Yusniel Diaz, Robbie Erlin To Minor League Deals

    Mariners Outright J.B. Bukauskas

    Jake McGee Retires

    Twins’ VP Of Player Personnel Mike Radcliff Passes Away

    Padres Promote Ryan Christenson To Associate Manager

    Diamondbacks Sign Yairo Munoz To Minor League Contract

    Big Hype Prospects: Cowser, Bleday, Alvarez, Outman, Steer

    White Sox Acquire Franklin German, Designate Jason Bilous

    Rangers Sign Bernardo Flores Jr. To Minor League Contract

    Padres Prospect Eguy Rosario Suffers Broken Ankle

    MLBTR Newsletter - Hot stove highlights in your inbox, five days a week

    Latest Rumors & News

    Latest Rumors & News

    • Offseason Outlook Series
    Trade Rumors App for iOS and Android

    MLBTR Features

    MLBTR Features

    • Go Ad-Free
    • Projected Arbitration Salaries For 2023
    • 2022-23 MLB Free Agent List
    • MLB Player Chats
    • Transaction Tracker
    • Extension Tracker
    • Agency Database
    • MLBTR On Twitter
    • MLBTR On Facebook
    • Team Facebook Pages
    • How To Set Up Notifications For Breaking News
    • Hoops Rumors
    • Pro Football Rumors
    • Pro Hockey Rumors

    Rumors By Team

    • Angels Rumors
    • Astros Rumors
    • Athletics Rumors
    • Blue Jays Rumors
    • Braves Rumors
    • Brewers Rumors
    • Cardinals Rumors
    • Cubs Rumors
    • Diamondbacks Rumors
    • Dodgers Rumors
    • Giants Rumors
    • Guardians Rumors
    • Mariners Rumors
    • Marlins Rumors
    • Mets Rumors
    • Nationals Rumors
    • Orioles Rumors
    • Padres Rumors
    • Phillies Rumors
    • Pirates Rumors
    • Rangers Rumors
    • Rays Rumors
    • Red Sox Rumors
    • Reds Rumors
    • Rockies Rumors
    • Royals Rumors
    • Tigers Rumors
    • Twins Rumors
    • White Sox Rumors
    • Yankees Rumors

    ad: 160x600_MLB

    Navigation

    • Sitemap
    • Archives
    • Feeds by Team

    MLBTR INFO

    • Advertise
    • About
    • Commenting Policy
    • Privacy Policy

    Connect

    • Contact Us
    • Twitter
    • Facebook
    • RSS Feed

    MLB Trade Rumors is not affiliated with Major League Baseball, MLB or MLB.com

    hide arrowsFOX Sports Engage Network scroll to top
    Close

    Desktop Version | Switch To Mobile Version