Giants sign MVP Buster Posey to $167 million contract

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Justin Verlander isn’t the only former MVP getting paid today, as Andrew Baggarly of CSNBayArea.com reports that the Giants and reigning NL MVP Buster Posey have agreed to a nine-year contract.

Posey was set to make $8 million this season, but this new contract wipes that away and will pay him $167 million from 2013-2021. In doing so the Giants have bought out Posey’s three remaining seasons of arbitration eligibility (2014-2016) and his first five seasons of free agency (2017-2021), and there’s also an option for 2022.

Posey will be 35 years old in 2022, so this basically makes him a Giant for life. Not bad for a guy who was facing major questions this time last year as he came back from a broken ankle that ended his 2011 season. Posey’s deal is the second-highest in baseball history for a catcher, trailing only Joe Mauer’s eight-year, $184 million contract with the Twins that was signed in March of 2010. Posey now, like Mauer then, is coming off an MVP-winning season that included a batting title, although he was further from free agency than Mauer then.

Here’s the full contract breakdown:

Bonus: $7 million
2013: $8 million
2014: $12.5 million
2015: $16.5 million
2016: $20 million
2017: $21.4 million
2018: $21.4 million
2019: $21.4 million
2020: $21.4 million
2021: $21.4 million
2022: $22 million option or $3 million buyout

Giants nearing deal with Cameron Maybin

Cameron Maybin
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The Giants are finalizing a minor league deal for free agent outfielder Cameron Maybin, according to Andrew Baggarly and Ken Rosenthal of The Athletic. The team has not confirmed the signing, but it’s in keeping with their stated goal of adding more veteran presence and outfield options to their roster in advance of the 2019 season.

Maybin, 31, appeared in back-to-back gigs with the Marlins and Mariners in 2018. He slashed an underwhelming .249/.326/.336 with four home runs, 10 stolen bases (in 15 chances), a .662 OPS, and 0.5 fWAR through 384 plate appearances for the two clubs, a clear improvement over his totals in 2017 but still shy of the career numbers he posted with the Padres all the way back in 2011. It’s not only his offense that has tanked, but his speed and defense in center field, all of which he’ll try to improve as he jockeys for a roster spot in camp this month.

The Giants’ outfield has been largely depleted of any kind of consistent talent lately, especially taking into account the recent departures of Hunter Pence, Gregor Blanco, and Gorkys Hernández. Even with the acquisition of, say, All-Star right fielder Bryce Harper, there’s nothing standing in the way of Maybin and fellow veteran signee Gerardo Parra grabbing hold of full- or part-time roles this year, though they’ll need to outperform candidates like Chris Shaw, Steven Duggar, Drew Ferguson, Mac Williamson, Austin Slater, Craig Gentry, Mike Gerber, and others first.

In a previous report on Friday, Baggarly revealed that a “handshake understanding” had been established with several veteran players already this offseason, all but guaranteeing them regular starting opportunities over the course of the season. How those agreements will be affected by spring training performances remains to be seen, but at least for now, the Giants appear prepared to give their newest players a long leash as they try to get back on top in the NL West.