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Giants sign Sergio Romo to a two-year extension

Sergio Romo and the San Francisco Giants will have two years of contract bliss ahead of them. At least, that's the plan with his two-year extension.

Jed Jacobsohn

Sergio Romo took over the San Francisco Giants' closer job when the team realized they would not be able to count on Brian Wilson. Wilson suffered the second UCL tear of his career early in the season resulting in his second Tommy John operation. When Romo stepped in, he performed wonderfully. So much so that the Giants do not want to worry about contracts and arbitration with Romo for at least the next two seasons. They signed the 29-year old to a two-year extension today.

Henry Schulman of the San Francisco Chronicle confirmed the deal will buy out Romo's final two years of arbitration-eligibility (including this year). He will still be eligible for free agency after the 2014 season, but the extension gives the team and Romo time to talk about an even longer-term deal if both sides are so inclined.

Romo will make $9 million over the two seasons, according to Dan Plesac of MLB Network. He will get $3.5 million in 2013 and $5.5 million in 2014.

Related: Romo extension breakdown.

Romo pitched in 69 games last season. He was the second experiment in the closer role after the Giants initially played around with the idea of Santiago Casilla as their closer. When given the chance to close games, Romo was lights out. He saved 14 games in the regular season and posted a sparkling 1.79 ERA. In the postseason, Romo allowed just one run. One run in 10 2/3 innings of work. He was dominant. And the Giants won the World Series. That generally helps a player's case for an extension.

Romo so impressed the organization that they non-tendered Brian Wilson, allowing their former closer to walk via free agency. Wilson still has not found a new team, but the Giants know who their closer will be. Romo has pitched in the Majors for five seasons now. In his career, he has a 2.20 ERA. Romo was drafted by the Giants in the 28th round of the 2005 draft.