ESPN.com is reporting that the Giants and Bengie Molina have come to terms on a one year deal worth 4.5 million dollars.
Molina, 35, hit .265 with a a career-high 20 home runs to go with 80 RBIs as the Giants' cleanup hitter last season.
On top of that, Molina was tremendous with the pitching staff, which is evident by looking at the numbers of Matt Cain and Tim Lincecum. Molina will also serve as good mentor for top prospect Buster Posey.
This leaves the Mets with few options for their starting catcher, meaning they will likely pursue Yorvit Torrealba.
"We have had discussions, but nothing is close. We did say we would talk. I'm waiting to hear from Omar [Minaya] and see where we go from here," Torrealba's agent, Melvin Roman, told 1050 ESPN New York's Andrew Marchand.
Torrealba spurned the Mets a couple years ago, but maybe they can reconcile and come to terms on a deal.