Dec 4, 2012, 11:24 PM EDT
The Giants were holding firm on their two-year offer to the 37-year-old native of Venezuela before the Cardinals swooped in and tried to work out a deal. The Yankees were also interested at one point.
Scutaro batted .306/.348/.405 with seven home runs and 54 RBI in 683 plate appearances this summer between the Rockies and Giants. He then went 21-for-70 (.328) with eight RBI in 16 postseason games, helping to lead San Francisco to its second World Series title in the past three years.
The Giants have now spent $78 million to retain center fielder Angel Pagan, left-handed reliever Jeremy Affeldt and now Scutaro. Keeping the band together is nice, but it has certainly come at a high cost.
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