Found January 24, 2012 on Sliding Into Home:
Mlb_may_02_b352
From David Waldstein:
Just hours after Jorge Posada, their catcher of the past, announced his retirement, the Yankees said Tuesday that they had agreed on a contract with Russell Martin, their catcher of the present.

The deal, worth $7.5 million deal for one year, lets the sides avoid an arbitration hearing. Martin can also earn another $100,000 in performance bonuses.
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