Found March 29, 2013 on
San Francisco Giants
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After leading their teams to last year's World Series, Justin Verlander and Buster Posey cashed in just hours apart Friday.
The All-Star pitcher and MVP catcher were guaranteed nearly $350 million in contracts by the Tigers and Giants, a sure sign of the baseball times: Teams are awash with revenue from television and high-priced tickets.
Verlander, an AL MVP and Cy Young Award winner for Detroit, agreed to a $180 million, seven-year deal with the Tigers that is the richest for a pitcher and prevents him from becoming a free agent after the 2014 season.
Posey, the batting champion who led San Francisco to a pair of World Series titles in the last three years, received $167 million, nine-year deal from the Giants. The catcher could not have gone on the market until after the 2016 season.
''Contracts like that that you're seeing are a product of really strong revenue growth in the industry,'' said Rob Manfred, Major League Baseball's executive vice pres...
BEST OF MAXIM
The Tigers and Giants each made a significant investment on Friday. Each deal was monumental, and each was necessary.
The Tigers signed Justin Verlander to a five-year contract extension that will take him through the 2019 season. The right-hander reportedly will earn $180 million over the next seven seasons, and a $22 million vesting option for the 2020 season could bring the total...
The Detroit Tigers and pitcher Justin Verlander have agreed to a seven-year $180 million deal. The vesting option for an eight year could bring the total to $220 million according to the Detroit Free Press.
Verlander had two years and $40 million remaining on his current deal.
“Justin is one of the premier pitchers in baseball, and we are thrilled to keep him in a Tigers uniform...
Just announced, Justin Verlander has signed a 5 year and 180 million dollar extension with the Detroit Tigers, keeping him in a Detroit uniform until at least 2019. The deal includes a vesting option for 202o which could make the deal worth up to 202 million. The conditions of the vesting option are yet to be announced. This makes Verlander the highest paid pitcher in baseball history...
Justin Verlander will be a part of the Detroit Tigers’ pitching staff through at least the 2019 season. That much is certain after Verlander signed a five-year extension, with an option for a sixth season, that could keep Verlander in the Motor City through 2020.
The deal reportedly is worth $140 million over those five extra years; the vesting-option year carries an additional...
The San Francisco Giants and the 2012 NL MVP, Buster Posey just inked an eight year contract extension worth $167 million contract to continue to orchestrate behind the plate. The Giants gave the highest contract ever to their two-time World Series champ which also included a no-trade clause according to Jon Heyman of CBSSports.com. This contract is the longest in years...
It was a good Friday, indeed.
Justin Verlander signed a contract extension through 2019 that could vest to include 2020. It will allow him to buy another Aston Martin or two or 20, a small island, his own golf course or a mansion for every member of his family.
Verlander has the richest contract ever given a pitcher and will collect either 180 million or 202 million by the time...
Detroit Tigers ace starting pitcher Justin Verlander signed a five-year extension on Friday that could be worth up to $202 million through 2020.
Verlander’s five year deal is worth $140 million which will keep him in Detroit through 2019. The contract also includes a one-year vesting agreement for 2020 that is worth $22 million.
Combined with the 40 million Verlander is still owed...
Credit: Steven Robles – SF Giants Rumors
The San Francisco Giants have announced that they’ve extended GM Brian Sabean and manager Bruce Bochy‘s contracts through 2016, and have options for 2017. It’s nice to see the team taking care of their GM and manager after winning two World Series in a three year span.
Jon Heyman of CBSSports.com reported earlier that the Giants and...
Felix Hernandez wasn't the highest-paid pitcher in baseball history for very long.
Justin Verlander signed a five-year contract extension with the Detroit Tigers Friday that will give him that distinction.
Verlander's new deal includes a $28 million annual salary beginning with the 2015 season, multiple sources confirmed to FOXSports.com. On top of his preexisting deal...
We are just one day removed from the commencement of the 2013 Major League Baseball season opener, and with it there’s a lot of questions to be answered.
Some big movements have already transpired just days before the first pitch is due to be thrown out–the mammoth contracts given to Verlander and Buster Posey, Baseball’s move to sue the Miami biogenesis clinic which...
Tweet Shortly after news broke that Justin Verlander received the biggest contract ever for a pitcher, it has been revealed that San Francisco Giants catcher Buster Posey would be setting the standard for MVP-caliber catchers: Posey gets nine years, $167 million, starting in 2013. — Buster Olney (@Buster_ESPN) March 29, 2013 Buster’s deal includes a [...]
Batter up? More like bundle up.
The Detroit Tigers open the season on Monday in frosty Minnesota, where forecasts call for temperature in the low 30s at game time at outdoor Target Field. The wind chill is expected to be around 20 degrees. So the Tigers will need all the heat they can get from Justin Verlander's 100 mph fastballs.
''It's going to be cold but I&...
2012 was an amazing year for catchers in the National League, as Buster Posey and Yadier Molina both put together six win seasons and finished in the top five of MVP voting, with Posey winning the award running away over runner-up Ryan Braun. In addition to those three, a pair of young, rising stars rounded out the top five in Andrew McCutchen of the Pirates and Chase Headley of...
Opening day across baseball will feature star pitchers Stephen Strasburg and Justin Verlander trying to get off to great starts, old rivalries at Yankee Stadium and Dodger Stadium and the beginning of a quirky interleague schedule.
A dozen games are set for Monday. No snow is in the forecast for any ballpark on April Fools' Day, but freezing temperatures are expected at Target...
There are some players who become premium draft targets despite statistical shortcomings (Buster Posey) or injury concerns (Troy Tulowitzki) solely because of how they compare to the available talent at their respective positions. Robinson Cano has no such flaws, producing annual stat lines that rival the game’s best overall players, and the fact that he plays at a position with...