The Associated Press reported that Molina's contract is worth a guaranteed $15.5 million. According to the AP, Molina receives a $250,000 signing bonus, $1.75 million in 2008, $3.25 million in 2009, $4.25 million in 2010 and $5.25 million 2011. Molina's club option is worth $7 million with a buyout at $750,000.
Not too bad for the best defensive catcher in baseball. $7 million a year seems a bit ridiculous but at least it is an option. I hope Anderson gets moved to 2B now that Yadi is signed.