Apr 16, 2012, 3:45 PM EST
Two weeks after handing Matt Cain a five-year, $121.5 million contract extension the Giants have locked up Madison Bumgarner long term as well, signing the 22-year-old left-hander to a five-year deal with team options for 2018 and 2019. According to his agents the contract is worth $35 million in guaranteed money.
In terms of service time Cain and Bumgarner are much different, as Cain would have been eligible for free agency after this season and Bumgarner isn’t even arbitration eligible yet.
San Francisco already had Bumgarner under team control through 2016, so this deal simply pre-pays for his three arbitration seasons and buys out his first year of free agency while giving the Giants an opportunity to keep him off the open market for two additional years. If they exercise both options he won’t be a free agent until 2020, at age 30.
As with any long-term commitment to a 22-year-old pitcher there’s lots of risk involved, but Bumgarner was considered an elite prospect in the minors and has already established himself as one of baseball’s best left-handed starters with a 3.12 ERA and 292/79 K/BB ratio in 337 career innings.
Now that the Giants control Cain through 2018 and Bumgarner through 2019 they may not feel as much pressure to break the bank for Tim Lincecum, who has another year and $22 million left on his deal, although certainly no amount of top-notch young rotation depth makes losing a two-time Cy Young winner to free agency before age 30 any easier.
Dec 21, 2014, 4:17 PM EST
Is Smoltz really so different than Curt Schilling and Mike Mussina?
Dec 21, 2014, 2:50 PM EST
The field for James Shields has been winnowed down to a few, namely the Giants and Red Sox.
Dec 21, 2014, 1:35 PM EST
If the Padres want to keep Justin Upton around beyond 2015, they’ll have to hammer out a contract extension before spring training begins.
Dec 21, 2014, 12:27 PM EST
Scott Boras says the Orioles should expect to have Matt Wieters behind the plate when the 2015 regular season opens on April 6.
Dec 21, 2014, 10:55 AM EST
A.J. Preller, the second-youngest general manager in Major League Baseball, joined MLB Network this weekend to discuss the Padres’ incredibly active offseason …
Dec 21, 2014, 9:11 AM EST
Matt Kemp was introduced to the San Diego media on Saturday at Petco Park …
Dec 20, 2014, 11:50 PM EST
Exciting news for Willie Bloomquist fans.
Dec 20, 2014, 10:45 PM EST
Bounce-back candidate Brandon Beachy has drawn interest from the Rangers lately.
Dec 20, 2014, 9:40 PM EST
Josh Lindblom is taking his talents to the Lotte Giants of the Korea Baseball Organization.
Dec 20, 2014, 7:35 PM EST
The deal between Cuban infielder Roberto Baldoquin and the Angels became official on Saturday after the 20-year-old passed his physical.
Dec 20, 2014, 7:10 PM EST
The Giants reportedly have no plans to attempt to initiate contract talk with free agent Max Scherzer.
Dec 20, 2014, 6:05 PM EST
An unnamed team has reportedly offered a two-year deal to Nick Hundley. It’s not the Orioles.
Dec 20, 2014, 5:26 PM EST
MLB’s waiver rules are complicated enough for fans and those who cover baseball on a regular basis, but apparently they can even confuse teams sometimes.
Dec 20, 2014, 4:06 PM EST
The Phillies could eye Asdrubal Cabrera as a replacement for Jimmy Rollins.
Dec 20, 2014, 2:45 PM EST
Downs had a 4.97 ERA over 55 appearances this past season between the White Sox and Royals.
Dec 20, 2014, 1:30 PM EST
With the Phillies in the middle of a rebuilding effort, they are facing some tough (and long overdue) truths with their veteran players.
Dec 20, 2014, 12:16 PM EST
Tulowitzki would immediately take the Mets from a “maybe” contender to a “legitimate” contender, but don’t get your hopes up.
Dec 20, 2014, 11:01 AM EST
Rollins was officially traded from the Phillies to the Dodgers yesterday in exchange for right-hander Zach Eflin and left-hander Tom Windle.
Dec 20, 2014, 9:59 AM EST
As part of this week’s three-team Wil Myers trade, the Nationals acquired right-hander Joe Ross and a player to be named later. However, the player to be named later isn’t a mystery. It’s shortstop prospect Trea Turner, who is now in limbo after the trade.
Dec 20, 2014, 8:51 AM EST
No word yet on who submitted the top bid.
- Why is John Smoltz a shoo-in for the Hall of Fame? 0
- Phillies GM told Ryan Howard they’d be better off “not with him but without him” 83
- Trea Turner’s agent is unhappy his client is in limbo after trade to Nationals 47
- Nexen Heroes accept Jung-Ho Kang posting fee from unidentified MLB team 35
- Giants acquire Casey McGehee from the Marlins 16
- The Padres have given their fans something to talk about. Which is badly needed in San Diego. 64
- Justin Upton traded to the Padres for three prospects 79
- Bud Selig will get a $6 million a year pension. Which is obscene. 145
- Bud Selig will get a $6 million a year pension. Which is obscene. (145)
- The United States will seek to normalize relations with Cuba (144)
- Cubs, Red Sox, Dodgers, Padres, Rangers, and Astros interested in Phillies’ Cole Hamels (111)
- Rays, Padres, Nationals agree to 11-player trade (97)
- Chase Headley signs a four-year deal with the Yankees worth at least $52 million. (95)