Monday, November 12, 2007

Posada Deal IS In Hand; 4 yrs $52 M

Guess I wasn't just being "optimistic" about Jorge Posada as the catcher has a deal in place for 4 years at $13 million per season. Mariano should follow, possibly offering Andy Pettitte enough incentive to keep on pitching.

Posada had the Yankees by the bolsillos and earned himself an extra year and an extra $10 million. Had New York negotiated with Rivera & Posada this Spring, the closer could have been had for two years (instead of the three he'll get) and the catcher could have been had for three years (instead of the four he got).

From the ESPN report:
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.

Posada, a five-time All-Star who is 36, said Sunday he was "really close" to an agreement with the Yankees and his preference is to remain with the only major league team he's played for. A person familiar with the talks confirmed the deal to The Associated Press, speaking on condition of anonymity because the team didn't announce it.

Hard to fault the Yanks for overpaying for Posada, regardless of his age. The Bombers have no viable replacement in the farm system. Cervelli is overrated and Jesus Montero is a teenager. Neither one is within earshot of Yankee Stadium, and years away from breaking a big league roster.

The free agent class includes chronically injured and overrated Paul La Dooshbag as well as Yorvit Torrealba, a low .200 hitter with a fraction of Posada's punch.

The only solution was giving Hip Hip the keys to the vault.

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