Posted on January 19, 2010 by Andrew Flynn
Posey Screwed Over by Molina Re-upping with Giants
CBS 5 in San Francisco reports that the Giants have re-signed catcher Bengie Molina to a one-year, $4.5 million contract. It’s a rather surprising turn of events, but it looks like the latest offer by the Mets may have really been “take it or leave it.” Molina will head back to the Giants, presumably as a mentor to young Buster Posey. That said, it’s possible that Posey could now start his season in the minors in order to delay his service time. (Rotoworld)
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4:29pm: SI.com’s Jon Heyman tweets that the Mets offered Molina $5MM-plus, but he took less to return to the Giants. ESPN’s Buster Olney says San Fran is basically at their payroll limit now.
3:50pm: The Giants have re-signed catcher Bengie Molina to a one year deal worth $4.5MM, according to Dennis O’Donnell of CBS 5 Sports in San Francisco. Earlier today we heard that Molina rejected the Mets’ latest offer, and Ken Davidoff of Newsday tweets that the offer was “take it or leave it.”
Molina returns to the Bay Area despite reports that GM Brian Sabean said he believed the backstop had received a multi-year offer elsewhere. He earned $16MM as part of the three year deal he signed with San Francisco back in 2007, and hit .278/.302/.440 with 55 homers while with the Giants. The move all but guarantees that top prospect Buster Posey will start the season back in the minors.