The Angels have officially signed Tim Lincecum to a 1-year, major-league deal, according to Jon Heyman of MLB Network. The deal was first reported as close by Jeff Passan of Yahoo! Sports earlier in the week.
According to Joel Sherman of the New York Post, Lincecum will earn a prorated salary of $2.5 million, with $1.7 million available in potential incentives.
Lincecum drew interest from over 20 teams after throwing a showcase two weeks ago in Scottsdale, and was said to be choosing between the White Sox, Giants and Angels as of last week. He will likely go to the minors for a bit before joining the Angels' starting rotation, which has been decimated by injuries.
Lincecum will slot into a rotation group that includes Jered Weaver, Hector Santiago, Nick Tropeano, Matt Shoemaker and newcomer Jhoulys Chacin in the wake of serious injuries to C.J. Wilson (shoulder), Garrett Richards (elbow), Andrew Heaney (elbow) and Tyler Skaggs (biceps). Despite the signing of Lincecum, the Angels are still hopeful that Richards, Wilson, Heaney and Skaggs will be able to contribute at some point this season. As announced Monday night, Richards will join Heaney in trying to avoid Tommy John surgery by rehabbing his torn elbow ligament.
Lincecum, 31, only made 15 starts last season with the GIants, posting a 4.13 ERA in 76.1 innings. He has been rehabbing from a hip injury since his last start in late June, hoping to regain the form that led to two Cy Young awards in 2008 and 2009.
Lincecum is the owner of a lifetime 108-83 record and 3.61 ERA in 9 seasons with the Giants, and is a 4-time All-Star and 3-time World Series champion.