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The Posey and Cain Contracts

Mitchell, Lincoln A.

This is the second year in a row the San Francisco Giants have ended spring training by signing a major star to an enormous contract extension. Their star catcher, and reigning NL MVP, Buster Posey, is now signed through 2021, with an option for 2022, at a total cost of about $167 million. Last year, the Giants signed star pitcher Matt Cain to a similar long term contract which will keep Cain on the Giants through 2018, if the team exercises its option for that year, at a total cost of around $136 million.

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Harriman Institute
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April 18, 2013