Giants VP of baseball operations Bobby Evans said he contacted Buster Posey's agent today in regards to a possible multiyear extension for the catcher, and also told Tim Lincecum's agent that the right-hander is also still in the team's plans. (Andrew Baggarly of CSN Bay Area and Henry Schulman of the San Francisco Chronicle tweet the details from Evans' talk with media members.)
The Giants and Posey first talked a possible extension in the spring and now that Posey has shown himself to be apparently recovered from the broken leg that prematurely ended his 2011 season, it's no surprise that the club has revisited locking up its best young position player. Carlos Santana's recent five-year, $21MM extension with the Indians will probably serve as a reference point for what a Posey extension might look like.
As for Lincecum, it sounds as if Evans was simply making a courtesy call to indicate that nothing had changed in regards to the Giants' desire to sign Lincecum to a long-term contract. "Obviously we'll be looking toward that in the future," Evans said. Earlier today, Schulman wrote that the added cost certainty achieved by signing Madison Bumgarner and Matt Cain to extensions increases the chances of the Giants also extending Lincecum.
Despite the Giants' recent spate of moves, it may yet be a while before we see Posey or Lincecum extended. Evans said he didn't expect any negotiations to take place during the season but "there will be a time we address that" (Twitter link).