Buster Posey is the San Francisco Giants' new franchise man.
The Giants rewarded NL MVP and batting champion with a $167 million, nine-year contract Friday, a deal that includes a club option for 2022 that could raise the value to $186 million over a decade.
The agreement is the longest for a catcher and the largest in Giants history, surpassing Matt Cain's $127.5 million, six-year contract signed before the start of last season.
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.
He will make $10.5 million in 2014, $16.5 million in 2015, $20 million in 2016 and $21.4 million in each of the following five seasons. The Giants' option is for $22 million with a $3 million buyout.
Posey's agreement includes a full no-trade clause.
The Giants captured their second championship in three years behind the play of the All-Star...