The LoHud Yankees Blog

A New York Yankees blog by Chad Jennings and the staff of The Journal News


Posada has his deal: 4 years/$52 million

Posted by: Peter Abraham - Posted in Misc on Nov 12, 2007 Print This Post Print This Post | Email This Post Email This Post

The Daily News is reporting that Jorge Posada has agreed to a four-year deal worth $52 million. Working on getting confirmation of that.

This makes sense in that $13 million is what they gave Hideki Matsui and Johnny Damon when they signed.

UPDATE, 11:19 p.m.: It has been confirmed. It’s actually $52.4 million. Funny how that’s what the Levinsons want for Lowell, too. You can connect the dots with these things quite often.

So Posada gets what he wants, an average annual value of $13.1 million. That nudges him north of Damon and Matsui and makes him one of the highest paid players on the team, as well he should be.

Rivera was in the Dominican Republic today but is supposedly on his way home. I would expect his deal to get done in the next 24-36 hours.

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