Friday March 28, 2013
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 includes a full no-trade clause.
Copyright 2013 Associated Press
Viewers with disabilities can get assistance accessing this station's FCC Public Inspection File by contacting the station with the information listed below. Questions or concerns relating to the accessibility of the FCC's online public file system should be directed to the FCC at 888-225-5322, 888-835-5322 (TTY), or firstname.lastname@example.org.