Posted: Mar 29, 2013 3:31 PM by Andrew Masuda
SAN FRANCISCO (AP) - The San Francisco Giants have rewarded NL MVP and batting champion Buster Posey with a $167 million, nine-year contract.
Posey's deal, announced Friday by the reigning World Series champions, includes a club option for 2022 that could raise the value to $186 million over 10 years.
The agreement is the longest for a catcher and the largest in Giants history, surpassing Matt Cain's $127.5 million, six-year contract.
Posey had been due to make $8 million this year. He instead gets a $7 million signing bonus, with $5 million payable Oct. 15 and the remainder Jan. 15, and his 2013 salary is reduced to $3 million.
The agreement, which comes two days after Posey's 26th birthday, includes a full no-trade clause.
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