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Report: Giants offered Tim Lincecum a two-year, $40 million contract

Jan 21, 2012, 3:04 PM EDT

Tim Lincecum Getty Getty Images

We heard this morning that the Giants and Tim Lincecum were making “significant progress” in contract negotiations. Now we have some specifics.

According to Tim Brown of Yahoo! Sports, the Giants offered Lincecum a two-year, $40 million contract while the ace right-hander’s reps countered at two years and $44 million. With such a small gap separating the two sides, the expectation is that they’ll be able to get a deal done without an arbitration hearing next month. A two-year deal would cover Lincecum’s remaining arbitration seasons and allow him to test free agency after 2013.

Lincecum, 27, earned $13 million last season in the second year of a two-year, $23 million deal. He requested $21.5 million and was offered by the Giants $17 million when arbitration figures were exchanged Tuesday. Both were record filings for a player with less than six years of service time.

  1. dondada10 - Jan 21, 2012 at 3:13 PM

    2 for 40 would be good for both sides and then some. Matt Cain is primed to cash in if he has a solid season.

  2. vincentbojackson - Jan 21, 2012 at 3:30 PM

    $20 million might allow him to afford a decent haircut.

    • thefalcon123 - Jan 21, 2012 at 8:17 PM

      This sounds like a comment someone would have made about Joe Namath in 1966.

  3. randygnyc - Jan 21, 2012 at 4:06 PM

    Hmmmm. I posted this 3 hours ago.

  4. mad1449ers - Jan 21, 2012 at 4:37 PM

    Amazing to me that he thinks he deserves $21M a year to play a game. He will pitch maybe 25-35 times over 6-7 months and he believes he should get that kind of money for his time??? NO ONE should get that-type of money, for playing a game..

    • longhornpride05 - Jan 21, 2012 at 4:59 PM

      get over yourself welcome to the world of sports

    • thefalcon123 - Jan 21, 2012 at 5:12 PM

      Sports is a big business. Someone’s going to get that money regardless. Would you prefer an extra $20 million go into the pocket of the super-millionaire owners or the mere very multi-millionaire players? ‘Cause if you’re saying players shouldn’t get it, your indirectly saying the owners should get more.

  5. fantasymoney - Jan 21, 2012 at 4:44 PM

    Actually, including the posting fee, the Rangers are investing 18.7M per year on average for Yu. If a guy that has never thrown a pitch in the MLB is worth that kind of investment, what is a guy that has 2 CY awards and a WS ring worth as an investment? I think the Giants should just give him the 2yr-44M contract that his agent counter-offered and consider it a bargain. As long as he stays healthy and doesn’t go crazy with the bong rips, Timmy is going to break the bank when he hits FA.

  6. buffalomafia - Jan 21, 2012 at 5:09 PM

    I agree 2 years @ 20 milllion! He deserves it!

  7. skerney - Jan 21, 2012 at 6:18 PM

    ‘Cepts, you are walking a fine line with the expletives. You know the penalty.

  8. deathmonkey41 - Jan 21, 2012 at 7:54 PM

    That kind of cash can buy him a lot of ganja.

  9. stex52 - Jan 21, 2012 at 8:48 PM

    From a market perspective, a pretty good deal for the Giants. They can tie him for the rest of his arbritation at what is a reasonable price. They are nto risking his arm blowing out his arm three or five years out, and by cutting a deal they probably raise the odds he will consider staying.

  10. lookatthefarside - Jan 21, 2012 at 10:28 PM

    Next up, Prince Pudgy!

  11. donttazemebro - Jan 22, 2012 at 12:37 PM

    he gets 20 million a year I wonder what Kershaw will command when it’s time for him to re-up

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