Jorge Posada agrees to a 4 year, 52 million dollar deal

[cmaff051]

http://www.nydailynews.com/sports/baseb ... nkees.html

Jorge Posada, the 36-year-old free agent catcher, will remain a Yankee, sources familiar with the negotiations told the Daily News Monday night.

After being schmoozed by Mets general manager Omar Minaya Monday afternoon during a lengthy lunch at Le Cirque, Posada and his agents finally received the offer from the Yankees they had been hoping for all along.

The Yankees offered Posada a four-year, $52 million contract - the same deal they gave both Johnny Damon and Hideki Matsui two years ago - to remain in pinstripes. The deal will become official pending a physicial and final contract language being ironed out.

Not happy that it's 4 years, but what were we going to do? Atleast we didn't go to 5. I'm glad he's back though. We'll have a bunch of money coming off the books soon, this contract shouldn't be a problem.

[Pharmcat]

first right step in the right direction

next, get Mo back

[rappa]

4years isn't bad. I figure he'll be able to catch for another 2+ and then mentor one of the young guns and stay as a DH. Hopefully Mo comes back because if not, our closer is kyle farnsworth lol

[Pharmcat]

4 yrs is too much

but i think its hard to complain given the weak C market

[cmaff051]

first right step in the right direction

next, get Mo back

I wouldn't rule out Mo signing within the next hour.

The Yankees moved off their demands for Posada (i.e 3 years) and they might do the same thing for Mariano.

[Pharmcat]

-= original quote snipped =-



I wouldn't rule out Mo signing within the next hour.

The Yankees moved off their demands for Posada (i.e 3 years) and they might do the same thing for Mariano.

yea i agree.....i dont think the Yanks could afford to lose Posada...unless Cash was willing to give up a stud prospect to trade for a player like Salty (assuming rangers would even dangle him)

[VinnyTheMick]

I'm sure that Mo will resign, they seemed mad close to signing last week.

[VinnyTheMick]

Its funny, if we just extended him in SP like he wanted we would have paid A LOT less. I'm not saying I disagreed with the move back then, just pointing it out.

[VinnyTheMick]

It has been confirmed. It

[nykgeneralmanager]

Its funny, if we just extended him in SP like he wanted we would have paid A LOT less. I'm not saying I disagreed with the move back then, just pointing it out.

Yeah thats a good point, pretty ironic. If we extended him, it most likely would've been just a 3 year extension.

[TKF]

hey, posada gets to retire a yank and hopefully with another ring or two.... he deserves it, now time to lock mo up....

[Jitpal]

Too much, I would have let him walk for that much. I hope the contract has a clause that the 4th year only kicks in if he catches X number of games. -Jitpal

[PR07]

This is good news. If we have a bad contract for a season, that's fine. We've been down that road before, and we simply cannot afford to lose Jorge at this time...both for his offensive production and clubhouse influence...as well as for damage control.

[VinnyTheMick]

Too much, I would have let him walk for that much. I hope the contract has a clause that the 4th year only kicks in if he catches X number of games. -Jitpal

keep dreamin'


In the end, we have overpaid for players that ended up being DH's. In Posada's 4th year, he can do the same.

One year of bad production is better than 3 years of a srcub catcher & thats why I am not as mad about the 4th year as other people.