The Giants and Buster Posey have yet to begin contract negotiations

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The central fact of economic life for the San Francisco Giants over the next few years will be how much Buster Posey is to be paid. For he is now, for the first time, arbitration eligible. And because he is one of the rare ones who will be arbitration eligible for four years. As of now, however, nothing is doing as far as negotiations between the team and the player:

 

Normally a team would want to buy out an MVP-caliber players’ arbitration years and maybe some years of free agency. The Giants, however, didn’t do this with Tim Lincecum. If his 2012 fall to Earth becomes the new normal they made a good, albeit risky call. Is it possible they’re willing to gamble a bit on Posey too, knowing that catchers aren’t often blessed with longevity?

Seems hard to picture given how clearly and firmly Posey is the face of the franchise now, having led them to two World Series wins, but it’ll be interesting to see how they proceed with him all the same.

Dodgers designate Sergio Romo for assignment

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The Dodgers announced on Thursday that the club activated pitcher Grant Dayton from the 10-day disabled list and designated pitcher Sergio Romo for assignment.

Dayton, 29, went on the disabled list earlier this month with neck stiffness. He’ll resume with a 3.63 ERA and a 20/12 K/BB ratio in 22 1/3 innings.

Romo, 34, signed a one-year, $3 million deal with the Dodgers in February. It didn’t really work out, as the right-hander posted a 6.12 ERA with a 31/12 K/BB ratio in 25 innings. His peripherals are still decent, so it wouldn’t be surprising if a team in need of a bullpen arm makes a deal with the Dodgers within the week.

Nate Karns underwent season-ending surgery for thoracic outlet syndrome

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MLB.com’s Jeffrey Flanagan reports that Royals pitcher Nate Karns underwent surgery for thoracic outlet syndrome on Wednesday. He’s expected to be ready for spring training next year. Karns went on the disabled list in May with an elbow injury and didn’t make much progress.

The Royals acquired Karns from the Mariners in January in exchange for outfielder Jarrod Dyson. Over eight starts and one relief appearance, the 29-year-old right-hander compiled a 4.17 ERA and a 51/13 K/BB ratio in 45 1/3 innings.

Karns will enter his first of three years of arbitration eligibility after the season, so he’ll be under the Royals’ control through 2020.