Buster Posey and San Francisco Giants Agree on 8-Year, $167 Million Extension

Ethan Grant@DowntownEGAnalyst IMarch 29, 2013

After winning two World Series titles in his first three seasons with the San Francisco Giants, Buster Posey signed a massive eight-year extension on Friday, according to Hank Schulman of the San Francisco Chronicle:

According to ESPN's Buster Olney, the terms of the new deal are nine years, $167 million:

CSN Bay Area's Andrew Baggarly provides the year-by-year breakdown of the deal:

The 2012 National League MVP, Posey hit a league-best .336 at the plate last year while slugging 24 home runs, driving in 103 runs and posting an NL-best WAR (wins above replacement) of 7.4, according to Baseball-Reference.com. 

His hot streak continued into the postseason, where he hit three homers and drove in nine runs as the Giants knocked off the Cincinnati Reds, St. Louis Cardinals and Detroit Tigers en route to the 2012 World Series title.

The 26-year-old catcher also was a key piece on San Francisco's title-winning team in 2010—his rookie season—and hit .300 in the World Series against the Texas Rangers.

Posey fell victim to a horrific injury at the plate during the 2011 season (video at BigLeadSports.com), limiting him to just 45 games. Without their star catcher, the Giants struggled down the stretch and missed the playoffs.

Jon Heyman of CBS Sports first reported on March 20 that the Giants and Posey were working toward a contract extension. The two sides moved fast to get the deal done before Opening Day, allowing Posey to put all of his focus on helping San Francisco repeat in 2013.

To steal a line from Heyman (and Giants enthusiasts everywhere, I'm sure), the Giants have won two titles in the 55-year marriage of the franchise and San Francisco.

They are 2-for-2 with Posey.

They are 0-for-53 without him.

While it's impossible to project the long-term health and production of Posey, GM Brian Sabean has to like his odds going forward with a player that could one day stand alongside the franchise greats such as Barry Bonds, Willie Mays and Willie McCovey. 

Some might even argue that Posey should already be mentioned in that company. 

Related

    Judge Is Fastest Player to 61 Career HRs

    MLB logo
    MLB

    Judge Is Fastest Player to 61 Career HRs

    Joseph Zucker
    via Bleacher Report

    Mariners Turn 3 After Gattis Loses Track of Outs

    MLB logo
    MLB

    Mariners Turn 3 After Gattis Loses Track of Outs

    Timothy Rapp
    via Bleacher Report

    A-Rod's Nephew Kidnapped in Lambo Sale Gone Bad

    MLB logo
    MLB

    A-Rod's Nephew Kidnapped in Lambo Sale Gone Bad

    Timothy Rapp
    via Bleacher Report

    Why MLB Must Consider a Shortened Season

    MLB logo
    MLB

    Why MLB Must Consider a Shortened Season

    Jacob Shafer
    via Bleacher Report