The Yadier Molina extension is a go: five years, $75 million

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They’ve been working on it for a while, but Heyman reports that they’re done working: the Cardinals and Yadier Molina have reached an agreement on a five year, $75 million contract extension.  Rosenthal first had the outline of the deal on Monday.

It’s the second biggest deal ever for a catcher behind Joe Mauer’s.  With Albert Pujols out the door, the Cardinals had no choice but to lock up Molina.  And given how hard it is to find even a good catcher, a great a defensive catcher and well above-average offensive catcher like Molina was going to cash in huge if he hit the market.