San Francisco Giants, Tim Lincecum to Sign 2-Year, $40.5M Contract
by Satchel Price on Jan 24, 2012 2:31 PM EST
in MLB Breaking News
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Print2:28PM EST: The deal is between $40 milion and $41 million, according to Ken Rosenthal (twitter). Lincecum had requested 2 years, $44 million and lowered it after the the Giants only offered $40 million. Hank Schulman confirms the contract is $40.5 million.
2:17PM EST: The San Francisco Giants and pitcher Tim Lincecum are closing in on a new two-year contract, according to Jon Heyman of CBS Sports. He notes that the two sides are "very, very close" to finishing off a deal that would buy out Lincecum's final two years of arbitration eligibility.
Lincecum, 27, doesn't need much of an introduction here. Heyman recently reported that the former Cy Young winner rejected a four-year, $100 million offer from San Francisco, so it appears that he's looking forward to a major payday once he hits the open market in two years.
Considering his dominance of the NL over the past few seasons, he should be able to receive well over the four years and $100 million that he reportedly could've gotten this winter. Now that the Giants are close to locking up their ace to fixed salaries for 2012 and 2013, keeping him around beyond then should be one of their top priorities.
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Naw.
I write a Giants blog. I also write for MLB Daily Dish and Beyond the Box Score
by Julian Levine on Jan 24, 2012 8:39 PM EST up reply actions
so
after a whole offseason of management carping about “locking up the pitching” and “gotta take care of the pitching first”, they’ve achieved great success by… buying out arb years?
He’s gonna walk after next year. And if Cain doesn’t sign for more than a couple of years, that will be that.
The above comment is not affiliated with the San Francisco Giants, is not based on a secret source of team information, and may contain personal opinion.
"I'll never forget San Francisco and all those beautiful moments."- Andres Torres
It’s hard to tell, I don’t know if those rumors about him wanting 8 years came from his agent or from the team (to justify not getting him signed beyond the arb period). I think he likes SF well enough, and it is a good place to pitch especially for him.
But I have to believe he’d like to play for a team that scores runs more often. I also think his unwillingness to take a longer term deal is kinda crazy. But if he stays healthy for another two years, wow, is he going to get paid.
The above comment is not affiliated with the San Francisco Giants, is not based on a secret source of team information, and may contain personal opinion.
"I'll never forget San Francisco and all those beautiful moments."- Andres Torres
by natteringnabob on Jan 24, 2012 6:52 PM EST up reply actions
Lincecum probably stays through 2013, then leaves. But I’m pretty confident Cain will sign a relatively-friendly extension. I’m fine with this. It’s not exactly prudent to hand out two long-term extensions to pitchers (volatile and injury-prone as they are, by nature).
I write a Giants blog. I also write for MLB Daily Dish and Beyond the Box Score
by Julian Levine on Jan 24, 2012 8:41 PM EST up reply actions
Fair enough, I don’t know that long-term pitcher deals are particularly wise either. But the team has carped on and on and on about how important it is to “secure the future”. So, either they are failing to do what they intended, or those responses to questions about acquisitions to upgrade the lineup (i.e. why they weren’t going to have any) were just wind.
Also, apparently he got some no-trade protection in the deal which seems pretty silly in a contract only buying out arb years.
The above comment is not affiliated with the San Francisco Giants, is not based on a secret source of team information, and may contain personal opinion.
"I'll never forget San Francisco and all those beautiful moments."- Andres Torres
by natteringnabob on Jan 25, 2012 10:33 AM EST up reply actions
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