Feb 27, 2012, 9:30 PM EST
UPDATE: Rosenthal reports that the two sides are closing in on a five-year deal in the $70-75 million range.
Molina would make $14-15 million per season if Rosenthal is correct, which would give him the second-highest AAV (average annual value) for a catcher ever behind Joe Mauer‘s current eight-year, $184 million contract ($23 million).
As Rosenthal notes, only six catchers have ever signed long-term deals which averaged more than $10 million per season: Mauer, Mike Piazza, Jason Kendall, Jorge Posada, Ivan Rodriguez and Jason Varitek.
5:44 PM: Last week the Cardinals and Yadier Molina were said to be making good progress on a long-term contract extension and now Joe Strauss of the St. Louis Post Dispatch reports that “terms are all but finalized.”
According to Strauss an agreement is expected to be in place by Friday and “both sides are very optimistic.”
Molina is currently slated to be a free agent next offseason, finishing up a five-year, $21.75 million deal that has proven to be a bargain for the Cardinals. Most speculation about his new deal has guessed 4-5 seasons at $10-12 million per year, which would be one of the five largest contracts ever for a catcher.
- Report: Two agents rumbled in the parking lot at the Winter Meetings 30
- Mets sign 40-year-old Bartolo Colon for two years, $20 million 38
- MLB rules committee decides to eliminate collisions at home plate 63
- Mariners sign Corey Hart to incentive-laden deal 28
- David Price would not consider an extension with the Mariners if he’s traded there 35
- Robinson Cano agrees to $240 million deal with Mariners (260)
- Report: Mariners willing to offer Robinson Cano a 10-year, $240 million deal (143)
- Report: Yankees have agreed to a three-year deal with Carlos Beltran (125)
- Brett Gardner is drawing “significant” trade interest (113)
- Managers, GMs to meet today to discuss the abolition of home plate collisions (113)