The Giants and Buster Posey avoided arbitration with a one-year, $8MM contract, Henry Schulman of the San Francisco Chronicle reports (Twitter links). CAA represents Posey.

Posey was arbitration eligible for the first time this offseason. His resume includes two World Series titles and the 2012 MVP award, so MLBTR contributor Matt Swartz projected a $5.9MM salary for him in 2013. Swartz examined Posey's case in detail earlier in the month, explaining how a salary that high is possible for a first time eligible player. Posey, a super two, remains under team control through 2016.

The Giants are expected to discuss an extension with Posey this winter, Schulman reported earlier in the week. Today's agreement won't prevent the sides from having discussions about a long-term deal. Instead, it provides a starting point for future negotiations.