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Report: Cardinals agree to extension with Yadier Molina

According to a CBS report, the Cardinals have agreed to a five-year contract extension with catcher Yadier Molina.

The deal is expected to pay Molina $75 milllon which will make him the third-highest-paid backstop in baseball history. Joe Mauer's $184-million deal is the standard for catchers.

Molina is the best defensive receiver in the game and I am glad to see him stay in the fold. But I am more than a little shocked by the size of the deal. I figured the Cardinals would have to pay Yadi at least $10 million a year to keep him beyond the 2012 season and that they would have to pay him for a minimum of four years. But the final total nukes those amounts.