AFJF Posted November 13, 2007 Share Posted November 13, 2007 Exclusive Jorge Posada to stay with Yankees -------------------------------------------------------------------------------- BY MARK FEINSAND AND BILL MADDEN DAILY NEWS SPORTS WRITERS Monday, November 12th 2007, 10:23 PM -------------------------------------------------------------------------------- Print Email Suggest a Story Jorge Posada and the Yankees agreed to a contract late Monday night, sources told the Daily News. -------------------------------------------------------------------------------- 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. In a lunch meeting with Brian Cashman on Friday, Posada and his wife, Laura, made it clear to the Yankees Link to comment Share on other sites More sharing options...
wildthing2022000 Posted November 13, 2007 Share Posted November 13, 2007 He should of got the $60 mil. Link to comment Share on other sites More sharing options...
Maxman Posted November 13, 2007 Share Posted November 13, 2007 4 years is a lot for the Yankees but they gambled on his decline and missed. They had no choice at this point. I am glad he is back. I am glad a guy with a bunch of rings is getting paid! Instead of a street free agent. Link to comment Share on other sites More sharing options...
Gainzo Posted November 13, 2007 Share Posted November 13, 2007 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. Is that really a good thing? It's cool that Posada is going to stay a Yankee, but $52 mill over 4 years? Link to comment Share on other sites More sharing options...
Maxman Posted November 13, 2007 Share Posted November 13, 2007 Is that really a good thing? It's cool that Posada is going to stay a Yankee, but $52 mill over 4 years? They have to worry about 2008 before 2011. For 2008 it makes the team better. In 2011 it will hurt. But Girardi will have 3 rings by then so they can just get him site next to the Giambi statue at that point. I think Jason is signed until 2018. Link to comment Share on other sites More sharing options...
124 Posted November 13, 2007 Share Posted November 13, 2007 Is that really a good thing? It's cool that Posada is going to stay a Yankee, but $52 mill over 4 years? They HAD to keep Posada. The original offer was 3 years, $40 mill, so this is a discount in terms of money per year. Also, if they don't want him after 3 years, they can always release him. This was a move the Yankees had to make and I'm very glad they did. Link to comment Share on other sites More sharing options...
Thai Jet Posted November 13, 2007 Share Posted November 13, 2007 He was the best FA catcher available but $52 mil. for 4 years is a lot at his age. Link to comment Share on other sites More sharing options...
Maxman Posted November 13, 2007 Share Posted November 13, 2007 He was the best FA catcher available but $52 mil. for 4 years is a lot at his age. The cost of letting him go would have been higher! Link to comment Share on other sites More sharing options...
Thai Jet Posted November 13, 2007 Share Posted November 13, 2007 The cost of letting him go would have been higher! The money being thrown around these days is insane. I thought the Mets were nuts ($$) when they signed Beltran...now it looks like a bargin basement price. Link to comment Share on other sites More sharing options...
NIGHT STALKER Posted November 13, 2007 Share Posted November 13, 2007 It's not like the Yanks have his heir apparent waiting in the wings...by the time the fourth year and third year possibly come rolling along, I would hope the Yanks will be grooming his replacement. Link to comment Share on other sites More sharing options...
Thai Jet Posted November 13, 2007 Share Posted November 13, 2007 It's not like the Yanks have his heir apparent waiting in the wings...by the time the fourth year and third year possibly come rolling along, I would hope the Yanks will be grooming his replacement. As every team should be doing. Nothing worse than losing a FA and standing there like ....Duh what are we going to do now? That's probably why the Yanks ponied up. Link to comment Share on other sites More sharing options...
Kidhuman Posted November 13, 2007 Share Posted November 13, 2007 Its a good move, he can always DH down the line or even 1B if need be. Link to comment Share on other sites More sharing options...
GimmeShelter Posted November 13, 2007 Share Posted November 13, 2007 Had to be done for 2008 as Max stated. With the projected number of kids in the rotation, Posada is a must have. He's also a much bigger team leader than given credit for IMO. Years 3 and 4 will be interesting at age 39 and 40 but with the current changes going on and MO playing a little hardball with the FO, this needed to be done. I honestly think MO may have left w/out Jorge coming back. Good job by Hank as the Yanks if forced to, can eat 12 mill per as 124 mentioned in the latter years of the contract. The Mets could have used a few years of Jorge's professionalism. Link to comment Share on other sites More sharing options...
Scott Dierking Posted November 13, 2007 Share Posted November 13, 2007 Smart move all the way around, and it seems that the market dictated the length and term. I was not sure how serious the Met interest was, but I was not wanting them to lock into a big deal with an aged catcher. Unless they envisioned him as a first basemen in a couple of years, they are going to need to dip into the FA market in a couple of years and sign a 1b. Hopefully, for the Yankkes sake, the kids are comfortable pitching to him. Nothing indicates that they are not. Link to comment Share on other sites More sharing options...
faba Posted November 13, 2007 Share Posted November 13, 2007 This was expected by me- the Yanks had no replacement and he knows the pitchers and coming off his best year offensively he was in perfect position. Link to comment Share on other sites More sharing options...
Scott Dierking Posted November 13, 2007 Share Posted November 13, 2007 I guess this puts the impetus on the Mets. 2 years with LoDuca ata reasonable price is not a horrible thing. But, you have to have a decent back-up. LoDuca at least represents a fiery competitor. Not that helped the Mets down the stretch. If the Mets could work at a decnt trade for Paulino, I would be interested. Torrealba, not so much. Link to comment Share on other sites More sharing options...
Barton Posted November 13, 2007 Share Posted November 13, 2007 4 years? Thats gonna be a bad contract down the line, book it. I guess we had no other choice though, fwiw. Link to comment Share on other sites More sharing options...
uart Posted November 13, 2007 Share Posted November 13, 2007 The cost of letting him go would have been higher! And that cost would have been Paul LoDuca. NOTHANKYOU. This deal HAD TO be done. We had nobody coming up in our system, and there was no FA available. Link to comment Share on other sites More sharing options...
GimmeShelter Posted November 13, 2007 Share Posted November 13, 2007 I guess this puts the impetus on the Mets. 2 years with LoDuca ata reasonable price is not a horrible thing. But, you have to have a decent back-up. LoDuca at least represents a fiery competitor. Not that helped the Mets down the stretch. If the Mets could work at a decnt trade for Paulino, I would be interested. Torrealba, not so much. I'd be happy with Castro and a back-up. Link to comment Share on other sites More sharing options...
AFJF Posted November 13, 2007 Author Share Posted November 13, 2007 Wouldn't mind seeing the Yanks use one of the picks they get for A-Rod on a 1st rd catcher. Link to comment Share on other sites More sharing options...
GimmeShelter Posted November 13, 2007 Share Posted November 13, 2007 Wouldn't mind seeing the Yanks use one of the picks they get for A-Rod on a 1st rd catcher. Don't count those draft picks yet. I would not put it past ARod accepting arbitration. Link to comment Share on other sites More sharing options...
AFJF Posted November 13, 2007 Author Share Posted November 13, 2007 Don't count those draft picks yet. I would not put it past ARod accepting arbitration. I do realize there's a chance he does that. If he does, then I'd like to see them take a C in the first three rounds. If the Yanks really don't want A-Rod back though they can just low ball him with an offer around 20 mil whereas he's expecting high 20s at the very least. Link to comment Share on other sites More sharing options...
Blackout Posted November 13, 2007 Share Posted November 13, 2007 not a fan of this contract at all Link to comment Share on other sites More sharing options...
Pragmatic Bus Posted November 13, 2007 Share Posted November 13, 2007 signed the deal withe the yankees for 4 years $52M is it just me or did we overpayed Link to comment Share on other sites More sharing options...
Maxman Posted November 13, 2007 Share Posted November 13, 2007 signed the deal withe the yankees for 4 years $52M is it just me or did we overpayed Sometimes overpayeding is just a cost of doing business. Doesn't make it wrong. A necessary evil. Link to comment Share on other sites More sharing options...
Pragmatic Bus Posted November 13, 2007 Share Posted November 13, 2007 Sometimes overpayeding is just a cost of doing business. Doesn't make it wrong. A necessary evil. i hope there is a buyout in there. Link to comment Share on other sites More sharing options...
Scott Dierking Posted November 13, 2007 Share Posted November 13, 2007 i hope there is a buyout in there. There is. If the Yankees cut him, he still gets paid. The Yankees, with the money they will have from the new boxes in the new stadium and playing to a guaranteed full house for at least the next 3-4 years, can afford this type of deal. Even if the deal outlasts the player. Link to comment Share on other sites More sharing options...
nugentfan1 Posted November 13, 2007 Share Posted November 13, 2007 i love posada. im so glad hes going to stay Link to comment Share on other sites More sharing options...
Pragmatic Bus Posted November 13, 2007 Share Posted November 13, 2007 There is. If the Yankees cut him, he still gets paid. The Yankees, with the money they will have from the new boxes in the new stadium and playing to a guaranteed full house for at least the next 3-4 years, can afford this type of deal. Even if the deal outlasts the player. true. but you still have to make a sound decision on these things case in point "giambi" Link to comment Share on other sites More sharing options...
anskyruben Posted November 14, 2007 Share Posted November 14, 2007 Jorge earned this contract. It's mostly a way of paying him for his entire career as a Yankee. He should put up good numbers for 2-3 more years. The 4th year may be a toss up, but it's still better than seeing Sal fatsano with a milk shake in one hand catching. Link to comment Share on other sites More sharing options...
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