Olney: MLB executives are “appalled” over the Miguel Cabrera extension

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The Tigers have reportedly reached agreement on an extension with Miguel Cabrera which will pay him $292 million over the next 10 years and keep him under contract through at least his age-40 season. If the deal is announced as a 10-year extension, it will be the biggest financial commitment in sports history. While both parties are obviously happy with the new mega-deal, ESPN’s Buster Olney hears that executives around MLB are in shock:

Cabrera is entering his age-31 season now, so it’s not exactly bold to say that this deal probably won’t look very good in the end. Yes, he’s the best hitter in the world right now, but players get old and decline and the odds are against him being the exception. There’s also the matter of timing, as he was already under contract for two more seasons. Was there really a sense of urgency to get this done at this very moment? There’s a ton of money in the game right now and there’s an argument to be made that the players aren’t getting enough of it, but this type of deal just feels unnecessary given his age and what he’s likely to be toward the end of it.

If there’s anybody who is probably peeved by the news of this extension, it’s the Angels. Sure, there have been extension discussions in recent months, but can you imagine what Mike Trout will (or should) demand after this? Oh boy.

Buster Posey likely to undergo season-ending hip surgery

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Giants catcher Buster Posey will likely undergo season-ending surgery on his ailing right hip, which has bothered him since May, John Shea of the San Francisco Chronicle reports. Executive VP of baseball operations Brian Sabean said it’s a “safe assumption” that Posey will go under the knife. The procedure would clean out bone spurs and address the labrum, which is the soft tissue around the hip socket.

Posey didn’t start Sunday’s game and went 1-for-6 on Monday against the Mets. He’s batting .286/.360/.386 with five home runs and 40 RBI in 439 plate appearances this season. It will go down as his least productive season among those in which he has appeared in 100 games.

Nick Hundley would take over full-time catching duties if Posey were to have his season cut short. Hundley has performed decently, hitting .247/.296/.452 with nine homers and 30 RBI in 199 PA.