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.