Thursday, 11:47 p.m. EST: The deal is for five years and $75 million with no money deferred, as Rosenthal confirms. It should be made official with an announcement today.
Monday, 7:45 p.m. EST: The St. Louis Cardinals have come to terms on a five-year extension with catcher Yadier Molina, reports Ken Rosenthal of FOX Sports. Rosenthal adds it's valued north of $60 million, but SoloDeportes is reporting it's $75 million (unconfirmed).
Molina could have commanded a four or five year deal in free agency for north of $10 million per year. Even then, the $75 million seems like too much. The five-year deal will take Molina well through his prime.
The two sides have been working on the contract extension recently, and Joe Strauss of the Post-Dispatch reported the terms "all but finalized."
- Twitter / @Ken_Rosenthal: Molina five-year extension with #STLCards is north of $60M. SoloDeportes reported $75M. Unconfirmed. #MLB
- Twitter / @dcameronfg: I love Yadier Molina, but I thought he'd get 4/40 or something. 5/60 seems high, 5/75 seems nutty.
- Twitter / @JoeStrauss: Expect resolution to Molina extension by Friday. Both sides very optimistic. Terms all but finalized.