Blog Entry

Molina extension official, contains option year

Posted on: March 1, 2012 2:52 pm
Edited on: March 1, 2012 2:53 pm
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By Matt Snyder

The Cardinals officially announced the five-year, $75 million contract extension for catcher Yadier Molina Thursday afternoon. We reported the dollar amount Wednesday morning on CBSSports.com, but didn't yet know that the contract also contained an option year.

CBSSports.com's Jon Heyman is now reporting that there is a mutual option for a sixth season worth another $15 million. With it being mutual, obviously both sides have to agree for it to be exercised. So it's possible this contract is worth $90 million to Molina. The Cardinals have also included a full no-trade clause in the contract for Molina.

"This is a great day for the Cardinals," said owner Bill DeWitt (via Heyman). "When we have a franchise-type player, we always try (to re-sign him)."

The contract won't take effect until the 2013 season, since Molina had a one-year option picked up for the 2012 season. That means the 29-year-old veteran is under contract through the 2017 season and could be locked up through the 2018 season if the option is exercised. It's a safe bet to consider him a lifelong Cardinal.

Molina hit .305/.349/.465 with 14 homers, 65 RBI and 55 runs last season for the Cardinals. He also won his fourth straight Gold Glove and his second World Series championship. Yadier, the youngest of three major-league Molina brothers, was integral to the offense in the playoffs, too, hitting .333 in both the NLCS and World Series with a whopping nine RBI in the World Series.

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