So it is both larger than Tim Beckham's bonus and Matt Weiter's bonus, plus, per Baggarly's comment here about how both Alvarez and Posey wanted to have the highest bonus this year, apparently Posey won that battle, as BA reported that Alvarez signed for a straight $6M bonus. It is also higher than any bonus paid over the past four drafts, beating out Weiter's $6M in 2007, Justin Upton's $6.1M in 2005.
I guess Baggarly's source has egg on his or her face, as this was not close to the $7.5M figure he reported. It ended up being pretty close to what I was hoping it would be, I was thinking $5-6M. I'm happy it is only $200K more than that. And I guess Allfrank will be happy too. :^)
All in all, I did sweat some bullets after 9PM passed and there was no news, but it made too much sense for both sides not to make a deal that both sides would be happy with. I heard some yahoo on KNBR suck up to Damon Bruce and scream at the Giants for signing Zito and not overpaying Posey a few millions to get him signed "three months ago (sic)" [not quite right, it was 2.5 months ago], while Bruce yells at the Giants for that as well. (CLICK
Well, duh, unlike what many think, Sabean has been pretty smart over the years, certainly it was unquestioned early in his tenure, but given the excellent state of the pitching rotation, I'll forgive any of the trespasses that bothers others. When all is said and done, the Giants now look set at catcher for many years, both offensively and defensively, with Posey, as well as in the pitching rotation and closer spot. Hinshaw looks good thus far for one of the two key setup positions (don't forget how Munter flamed out after one good season though...) and there are a lot of candidates for the other spot, though Walker is starting to look done (however, people forget that he recovered from TJS just at the end of last season, so his arm strength is probably not built up yet, and still forgot how good he was at the beginning of this season, so I have some hope for him next season).