Yanks sign Posada


Registered Member
The New York Yankees and Jorge Posada agreed Monday night to a $52.4 million, four-year contract that keeps the catcher off the free-agent market.

A five-time All-Star, Posada said Sunday he was "really close" to a deal with the Yankees and his preference was to remain with the only major league team he's played for.

A person familiar with the talks confirmed the deal, speaking on condition of anonymity because the team didn't announce it. The sides were working late Monday on wrapping up details of the agreement, which was first reported by the Daily News on its Web site.

Posada must pass a physical before the contract is finalized.

Posada's $13.1 million average salary becomes the highest for a catcher, topping the $10 million Detroit's Ivan Rodriguez and Boston's Jason Varitek currently are guaranteed and the $13 million Mike Piazza averaged under his contract with the New York Mets from 1999-05. Rodriguez will earn $13 million next year, the option season of his contract with the Tigers.
New York also was trying to re-sign Mariano Rivera before Tuesday, when free agents could start talking money with all clubs, but those talks were taking longer to complete.

Rest of the story: http://msn.foxsports.com/mlb/story/7440700?MSNHPHMA


Sultan of Swat
Staff member
He's one of the best catchers in the league, and I'm sure that he still has a couple of all star seasons left. It's a lot of money I agree, but I believe that he will earn that money, and he has a chance to become one of the greatest catchers in Yankees history with Bill Dickey and Yogi Berra.