SAN FRANCISCO -- Catcher Buster Posey, the reigning National League Most Valuable Player, heads the list of six Giants who filed for salary arbitration on Tuesday. Under the arbitration process, each player to file is considered signed. But there's no agreement on a salary until a compromise is reached, before or after the player and his club exchange suggested figures for a one-year deal. Or, if there's no compromise, the case goes before an arbitration panel, which rules for one side. Posey figures to receive an astronomical raise from the $615,000 he earned last season, when he led the NL in hitting, paced the league in All-Star voting and received numerous other awards and accolades.More
Because arbitration-eligible players tend to earn exorbitant pay hikes, because the club no longer can set their salary figures, the Giants have tried to control costs by signing younger arbitration-eligible players to multiyear deals. Matt Cain, Tim Lincecum, Madison Bumgarner and Pablo Sandoval are examples of this salary strategy. But speculation has abounded that the Giants and Posey will wait another year before attempting to forge a deal extending beyond one season. Other Giants filing for arbitration included right fielder Hunter Pence (2012 salary: $10.4 million), right-hander Sergio Romo ($1.575 million), left-hander Jose Mijares ($925,000), outfielder Gregor Blanco ($516,000) and infielder Joaquin Arias (estimated $500,000).
Chris Haft is a reporter for MLB.com. This story was not subject to the approval of Major League Baseball or its clubs.Less