How the signing of Buster Posey impacts San Francisco Giants’ payroll in years to come
Friday was a big day for the San Francisco Giants, when they signed Buster Posey through the 2021 season, perhaps if 2022 if an option is picked up.
The deal, worth as much as $189 million, gives the Giants some cost certainty going forward. The offseason after the 2013 season will be a key one, as the contracts of Barry Zito, Tim Lincecum and Hunter Pence come off the board. It also leaves the Giants with three big holes in their lineup to fill, if they choose not to re-sign any or all of those players.
The Giants now have almost $90 million committed to guaranteed contracts for the 2014 seasons. If you add in a fairly light class of arbitration-eligible players and renewed contracts, the Giants could be sitting at $100 million, with a possible $40-$50 million to dedicate to free agent signings and re-signings.
These signings before opening day are becoming a regular occurrence. In the final days leading up to opening day in 2012, the Giants signed Matt Cain to a six-year, $127.5 million extension. Two weeks later, they signed Madison Bumgarner to a five-year, $35 million deal.
Here’s the breakdown of Giants with guaranteed contracts (club options included, except Barry Zito’s $18 million option in 2014) year-by-year (source: Baseball Reference):
2014 ($89.5 million, 10 players): Posey ($10.5m), Cain ($20m), Angel Pagan ($10.25m), Bumgarner ($3.75m), Jeremy Affeldt ($6m), Marco Scutaro ($6.67m), Pablo Sandoval ($8.25m), Barry Zito ($7m-buyout), Santiago Casilla ($4.5m), Sergio Romo ($5.5m), Ryan Vogelsong ($6.5m-option). Arbitration: Jose Mijares, Gregor Blanco, Joaquin Arias, Tony Abreu, Dan Runzler. Free agents: Barry Zito, Tim Lincecum, Hunter Pence, Javier Lopez, Andres Torres, Chad Gaudin.
2015 ($71.2 million, 7 players): Cain ($20m), Posey ($16.5m), Pagan ($10.25m), Bumgarner ($6.75m), Affeldt ($6m), Scutaro ($6.67m), Casilla ($5m). Arbitration: Blanco, Arias, Abreu, Runzler, Brandon Belt, Brandon Crawford, Hector Sanchez, Eric Surkamp. Free agents: Sandoval, Romo, Vogelsong, Mijares.
2016 ($62.4 million, 4 players): Posey ($21.4m), Cain ($20m), Pagan ($11.25m), Bumgarner ($9.75). Arbitration: Blanco, Abreu, Belt, Crawford, Sanchez, Surkamp, Brett Pill, George Kontos, Sandy Rosario, Francisco Peguero, Jean Machi. Free agents: Casilla, Affeldt, Scutaro, Arias.
2017 ($52.9 million, 3 players): Posey ($21.4m), Cain ($20m), Bumgarner ($11.5m). Arbitration: Belt, Crawford, Sanchez, Surkamp, Pill, Rosario, Peguero, Machi. Free agents: Pagan; Blanco; Abreu, Runzler.
2018 ($54.4 million, 3 players): Posey ($21.4m), Cain ($21m-option), Bumgarner ($12m-option). Arbitration: Pill, Rosario, Peguero, Machi Free agents: Belt, Crawford, Sanchez, Surkamp.
2019 ($33.4 million, 2 players): Posey ($21.4m), Bumgarner ($12m-option). Free agents: Cain, Pill, Rosario, Peguero, Machi.
2020 ($21.4 million): Posey ($21.4m). Free agent: Bumgarner.
2021 ($21.4 million): Posey ($21.4m)
2022 ($22 million): Posey ($22m-option)