Giants reward Posey with $167M extension

Joining the chorus of praise for Buster Posey on Friday, Giants general manager Brian Sabean said that the organization "turned on a dime" when the catcher reached the Major Leagues.

Posey's considerable impact upon the Giants has turned that dime into pure gold.

He and the Giants agreed to terms on the most lucrative contract in franchise history on Friday, an eight-year, $167 million extension.

The deal locks in Posey's value, as well as Posey himself. The club assured itself of cost certainty with a contract that covers Posey's three remaining years of salary arbitration and five years of free agency. It includes a club option for 2022 and, according to a source familiar with the deal, a full no-trade provision.

"It's the most incredible feeling, knowing that the next nine years I'll be a part of this very storied franchise," Posey said.

The 26-year-old has gilded the franchise's glory. Posey's coming off a 2012 campaign in which he hit .336 with 24 home runs and 103 RBIs, won the National League Most Valuable Player Award and helped the Giants earn their second World Series title in three years. In 2010, the club's other World Series-winning season, Posey captured the NL Rookie of the Year Award.

Posey became the first catcher to win the NL MVP Award in 40 years and the first to win the league's batting title in 70 years. He's also just the third catcher to win the MVP and World Series in the same season, along with Hall of Famers Roy Campanella (Brooklyn Dodgers, 1955) and Yogi Berra (New York Yankees, 1951). Posey and St. Louis' Stan Musial are the only players to perform for two World Series champions and win an MVP Award in their first three Major League seasons.

"If he's not the face of the franchise, he's certainly a player that comes around once in a baseball life, or not that often," Sabean said of Posey.
Fortunately for the Giants, Posey maintained a genuine desire to stay in San Francisco long-term.

"I don't see how you can play here and not want to spend your career here," Posey said, citing the near-sellout crowd that gathered at AT&T Park for Thursday night's exhibition game against the Oakland A's. "It just goes to show you the love these fans here have not only for Giants baseball, but I think for baseball in general."

Posey will reach age 35 if he plays through the contract's option year, prompting the issue of how long he can catch and remain productive offensively. Posey indicated that he would be willing to switch positions "if it's something we felt would help the team." But, he added, "My passion is definitely to be behind the plate for as long as I can."

That possibility thrilled Posey's teammates.

"We're all super excited for Buster," Cain said. "He's definitely more than earned what just happened to him. Doing that shows how much faith [management has] in him and what he's done in his career. For a starting staff, it's really nice to see that he's going to be here ... forever."

Said shortstop Brandon Crawford, "Hopefully I can be here for all nine years."

Citing the combination of Posey's deal and the offseason re-signings of center fielder Angel Pagan, second baseman Marco Scutaro and left-hander Jeremy Affeldt, Crawford added, "That says a lot about the confidence our front office has in us."

To the Giants' executives, it's all money well-spent, particularly in Posey's case.

"There's a general good feeling that everybody won," Sabean said.