Originally posted on The Outside Corner  |  Last updated 3/29/13

Well, the San Francisco Giants have their man locked up. The defending World Champions will go into the 2013 season with reigning NL MVP Buster Posey signed for the next nine years, at a total cost of $167 million. Posey already had agreed to a one-year, $8 million deal for 2013 to avoid arbitration, and his extension will kick in starting in 2014. $159 million in new money is coming to Posey. The details of the contract are mind-numbing. After the $8 million he'll make this year, Posey will make $12.5 million in 2014, $16.5 million in 2015, $20 million in 2016, and $21.4 million over the final five years of the deal. He also gets a full no-trade clause, a $7 million signing bonus, and a $22 million club option for 2022 that has a buyout of $3 million, pushing the total max value of the contract to $193 million before taking any incentives into account. Whew. Posey's contract is the longest and most expensive in Giants history, the longest contract ever given to a catcher, and the second most expensive contract ever given to a catcher behind Joe Mauer's eight year, $184 million deal signed in 2010. Mauer's extension took effect starting in 2011, his age 28 season, and is running until the end of his age 35 season. In contrast, Posey's extension will take effect in 2014, his age 27 season, and will run until his age 34 season while paying Posey a lower average value than Mauer is getting from the Twins. In contrast to that contract, it's a huge win. But in comparison to the extensions signed by Yadier Molina and Miguel Montero over the last year or so, there's a much larger chance for things to go wrong for the Giants than for the Cardinals or Diamondbacks, especially consdiering that Posey already broke his ankle once. There's a lot of risk in this deal for the Giants, but after a record arbitration award this winter, I bet Brian Sabean could see the writing on the wall that Posey was going to keep setting records over his next three years of arbitration and that overpaying later might be a better move than having to pay a mint over the next three seasons. [CBS Sports] [follow]

GET THE YARDBARKER APP:
Ios_download En_app_rgb_wo_45
MORE FROM YARDBARKER

Tom Brady takes selfie with Vanilla Ice

Charles Oakley calls out Charles Barkley for advocating violence

Report: Mike D’Antoni to interview for Rockets head coaching job

Jack Adams curse continues with the firing of Bob Hartley

Report: Big 12 expansion likely

LIKE WHAT YOU SEE?
GET THE DAILY NEWSLETTER:

Dion Waiters on LaMarcus Aldridge: ‘One man can’t beat you’

Dwyane Wade responds to LeBron James’ comments about facing him

Dodgers suspend Erisbel Arruebarrena for remainder of season

Yankees place Alex Rodriguez on 15-day DL

Report: Chris Bosh’s season is over

Leandro Barbosa’s secret to longevity is horse medicine

WATCH: Braden Holtby allows 5-hole OT winner to Penguins

Michigan TE Jake Butt shares cool photo of his All-American portrait

John Daly: I 'wasted my talents in the 90’s'

Nebraska commit Keyshawn Johnson Jr. to meet with Lane Kiffin

Atlanta Hawks’ Twitter keeps it funny during blowout

Johnny Manziel tweets joke about his mugshot

Report: Ex-Lions WR Brett Perriman in hospital, on life support

Report: Vinny Del Negro to interview with Rockets

Donald Trump to attend Canelo Alvarez-Amir Khan fight

Manziel smiles in mugshot after turning himself in

NBA to ban alcohol and gambling advertisements on jerseys

Real Madrid advances to Champions League final thanks to own goal vs. Manchester City

MLB News
Delivered to your inbox
You'll also receive Yardbarker's daily Top 10, featuring the best sports stories from around the web. Customize your newsletter to get articles on your favorite sports and teams. And the best part? It's free!

By clicking "Sign Me Up", you have read and agreed to the Fox Sports Digital Privacy Policy and Terms of Use. You can opt out at any time. For more information, please see our Privacy Policy.
the YARDBARKER app
Get it now!
Ios_download En_app_rgb_wo_45

Dangerous hits spotlighted in Round 2 of the NHL playoffs

QUIZ: Name every Triple A Minor League Baseball team

Most exciting games of the 2016 NBA playoffs so far

Five bizarre moments in Round 2 of the Stanley Cup Playoffs

How the Sharks have 'weathered the storm' against the Predators

Okay, who stole the Kansas City Royals player off that billboard?

Eight players to watch in Round 2 of the Stanley Cup Playoffs

A Round-By-Round Look At the NFL Draft

10 biggest takeaways from the NBA playoffs thus far

QUIZ: Name every No. 1 overall pick in the NFL Draft since 1985

Today's Best Stuff
For Publishers
Company Info
Help
Follow Yardbarker