Apr 2, 2012, 3:15 PM EDT
Said to be working hard on contract negotiations over the weekend, the Giants just made things official with Cain by announcing a five-year, $112.5 million extension with a sixth-year vesting option.
Cain was already set to earn $15 million this season in the final year of a three-year, $27 million extension signed in March of 2010. That deal covered Cain’s final two arbitration eligible seasons and his first year of free agency. This five-year extension will keep him in San Francisco through his age-32 season in 2017 and the 2018 option includes a $7.5 million buyout.
Obviously any $100 million-plus investment in a pitcher is extremely risky and $22 million per season is a ton, especially for a team that learned (and is still learning) the hard way with Barry Zito, but limiting the commitment to five years and avoiding Cain’s mid-30s lessens the Giants’ risk somewhat and he’s been remarkably consistent with a 3.35 career ERA and at least 190 innings in each of his six full seasons.
On a related note, the Phillies would no doubt be thrilled if Cole Hamels accepted a five-year, $112.5 million deal. Hamels has better secondary numbers than Cain and has pitched in a hitter-friendly ballpark, but their raw numbers are very similar: 3.39 ERA in 1,161 innings for Hamels. 3.35 ERA in 1,317 innings for Cain.
Sep 2, 2014, 8:23 AM EDT
Preserved the shutout too.
Sep 2, 2014, 7:10 AM EDT
Four Phillies combine for the no-no. I’m actually surprised we haven’t seen more of these in recent years.
Sep 1, 2014, 11:17 PM EDT
Miguel Cabrera had just one home run in August. He doubled that today.
Sep 1, 2014, 10:09 PM EDT
Bailey is currently deciding whether to undergo surgery for a flexor mass strain in his right elbow.
Jorge Soler is third player in last 100 years with an extra-base hit in each of his first five games
Sep 1, 2014, 9:11 PM EDT
Enos Slaughter (1933) and Will Middlebrooks (2012) are the only others.
Sep 1, 2014, 8:12 PM EDT
Acquired from the White Sox on Sunday, Adam Dunn made an instant impact in his A’s debut this afternoon.
Sep 1, 2014, 7:21 PM EDT
Franco got off to a slow start this season, but he has been on a tear in Triple-A since the start of July.
Sep 1, 2014, 6:31 PM EDT
The Brewers have had at least a share of first place since April 4.
Sep 1, 2014, 5:15 PM EDT
The Pacific Coast League MVP is on his way to L.A.
Sep 1, 2014, 4:21 PM EDT
Four pitchers, led by Cole Hamels, who handled six innings of it, combined to no-hit the Atlanta Braves.
Sep 1, 2014, 3:15 PM EDT
It sounds like Manny is a changed man
Sep 1, 2014, 2:30 PM EDT
As the Marlins’ playoff chances fade.
Sep 1, 2014, 1:44 PM EDT
He was already unofficially shut down. Now it’s all official-like.
Sep 1, 2014, 12:38 PM EDT
Reports of strife between Porter and the front office were apparently right on the nose.
Sep 1, 2014, 11:40 AM EDT
Old Hoss Radbourn is an amateur.
Sep 1, 2014, 10:51 AM EDT
The Brewers are tied for first place and need a boost.
Sep 1, 2014, 10:17 AM EDT
Maybe Yost should just tell Royals fans the exact number of people he needs in the seats for his team to play at its best.
Sep 1, 2014, 9:30 AM EDT
The A’s were, quite recently, the best team in baseball. Now they’re five back of the Angels.
Sep 1, 2014, 8:45 AM EDT
Well, it’s not his (or his estate’s) house anymore. Likely wasn’t for decades. But if someone wants Jon Voight’s LeBaron, someone will probably buy this, right?
Sep 1, 2014, 6:00 AM EDT
And part of the reason for this reminder is that, while Major League Baseball sees fit to commemorate most other holidays that occur during the baseball season, it has always given Labor Day short shrift.
- And That Happened: Monday’s scores and highlights 6
- The Cardinals have moved ahead of the Brewers for first place in the National League Central 24
- No-hitter! Four Phillies pitchers combine to blank the Braves 57
- Bo Porter fired by the Astros 55
- Settling the Score: Sunday’s results — and a reminder of what Labor Day is all about 47
- Reds trade setup man Jonathan Broxton to the Brewers 18
- Miguel Cabrera sits Sunday with nagging ankle injury 13
- A’s acquire veteran slugger Adam Dunn from the White Sox 54
- Could women play major league baseball? Sure. Right now, though, the deck is stacked against them. (220)
- Albert Pujols plays the “you never played the game!” card (104)
- Great Moments in Drug Testing and Punishment: The NFL Edition (101)
- And That Happened: Thursday’s scores and highlights (75)
- Baseball is dying, you guys, because no one would recognize Mike Trout in a bar (74)