Forever Giant: Buster Posey Joins San Francisco Property Group

Buster Posey had a charming little habit as a hitter when he questioned the referee’s call. Posey, who retired last fall after dozens of seasons sterling with the San Francisco Giants, was too polite to be undone. He telegraphed his opinion with a slow and subtle movement of his head, perhaps with a painful smile. The referee corresponding to the subtext will get the message.

Posey gave respect and got it in return, traits that are supposed to aid in his new role after his career on the giants property group. The team will announce on Wednesday that Bussy, 35, has bought into the team and will serve on its board.

“I want to be seen as, like, a baseball pro,” Posey said this week by phone from his Georgia home. “I’m not a professional player, not a pro owner, I just love baseball, and this is another opportunity for me to learn more about the game, more about the business and really dedicate my time to the organization in a city I’ve come to love.”

Posey joins a group of 30 partners with stakes in the giants. The team hasn’t disclosed Posey’s stake, but Posey’s slice is almost certainly too small. He earned most of his money with an eight-year contract worth $159 million to close out his career, and Forbes recently estimated the Giants’ worth at $3.5 billion, the fifth-highest valuation for the club in Major League Baseball.

“He puts his real money into this high, which I think shows his commitment to the organization and his faith in baseball in general,” said Greg Johnson, president of Giants.

Johnson spoke by phone from Luxembourg. He is also the Chairman of the Board of Directors of Franklin Resources, Inc. , an investment management company. Johnson scaled back his role there when he became the one controlling the giants in November 2019, learning early on about the Posey brand of being honest with the nice guy.

“We had a very long conversation, and I discussed some of the bigger issues that came up before collective bargaining, to get his point of view versus mine,” Johnson said. “And we had a very good, thoughtful discussion, and at the end of it, he kind of turned to me and said, ‘You know, we just don’t trust you guys. “

“And that was very telling for me, just showing the confidence gap that exists because of the structure in baseball. So I think having someone there who is respected by the players and part of our ownership group helps bridge that gap.”

Busy isn’t the only ex-player to feature in his old team; The Hall of Famer Ken Grevey Jr. owns a stake in the Seattle Mariners. Stars from other sports have stakes in various franchises – Giannis Antetokounmue with the Milwaukee Bucks, LeBron James with the Boston Red Sox, Patrick Mahomes with the Kansas City Royals.

And while Posey brings the former player’s perspective to property issues on a large scale, the Giants greatly value his domestic vision as well.

“There is also an element of the Giants Organization,” said Larry Bayer, team leader and CEO. “We had a magical year in his final season, and we slipped this year. He can contribute as a thought leader for the Giants.”

Posey pulled out of the 2020 season cut short by the pandemic after he and wife Kristen adopted twin girls who were born prematurely. After a year in baseball, Posey rejuvenated his body for his career: his seventh All-Star season, fifth Silver Slugger, and National Western Championship with a club record 107 wins.

The giants’ business model is thriving, with a 33% stake in NBC Sports Bay Area (the local television home of the Golden State Warriors) and 50% ownership of a residential and retail project that will open next year on an old parking site across McCuvey Cove. On the court, the Giants were down to 70-77 as of Monday. Among other problems, they did not find a way to replace Posey’s production.

Posey, who also has 11-year-old twins, approached his agents with the idea of ​​buying into the Giants after retirement. He wanted something more substantial than the former player’s typical roles — cheerful patrons, helping out with spring training, calling a few games on TV — and resumed ownership as a tangible connection without a defined structure.

“This would be an interesting role for me to be in,” Posey said. “But in no way do I want this to be misunderstood that I’m taking on any kind of front office role. I think there’s a natural tendency for fans to think that I’m going to get that high-profile role, and it won’t be. It would be more like, ‘Hey, let me I know where I can help and I will help you there.”

Posey could be a powerful recruiting voice for potential free agents, and said he considered Johnson a friend; They exchange ideas about issues facing the franchise, and the new arrangement will increase Posey’s influence.

“All of the board members were comfortable bringing him on the board and taking a really active role in every aspect of the team,” Johnson said. “That’s what he really wanted. He said, ‘I don’t want this to look good in a press release and then no one hears from Buster again.'”

It could still be Posey’s view from behind the painting. He made over 100 starts for Musk in his final season, and he clearly has the skills to add to his career totals of 1,500 hits and 158 home runs, helping him finish with an average of 302 and 0.831 on base as well as a slowdown percentage.

Writers may soon wrestle with Posey’s Hall of Fame affair for Cooperstown: He’s won multiple championships and a MVP award, but so has former Yankees catcher Thurman Munson, who had similar stats but never came close to the election.

Whatever happened, Posey never regretted his decision. He’s gone from player to part owner, but will always be a full-time dad, with or without a board in Cooperstown, NY.

‘It would obviously be a lifelong honor to be recognized in this way,’ said he, ‘but it would also be nice, if I didn’t come in, to say to my children, ‘Look, you guys, I’ve had a very good chance of getting in here, but you and your mother are more’ The importance of any medal I could ever receive. “And that would be just as important to me, if not more.”

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