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Blog Entry

Giants, Lincecum agree on two-year deal

Posted on: January 24, 2012 2:30 pm
Edited on: January 24, 2012 3:41 pm
 


By Matt Snyder


The Giants have signed ace Tim Lincecum to a two-year contract worth more than $40 million, CBSSports.com insider Jon Heyman has learned.

This contract is interesting because it avoids arbitration -- where Lincecum was asking for a record amount -- for this season and next season. However, he was set to be a free agent after the 2013 season anyway, so the contract will not lock him up for any of those free agency seasons. Thus, any club possibly eyeing a run at Lincecum in the 2014 free agency class can still pine after him. It's possible he'll be up for grabs, but it's also two years away. A lot can happen before then.

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It's worth noting the Giants tried to get Lincecum to sign a more long-term deal. Heyman reported Sunday that the Giants had offered Lincecum "at least" $100 million over five years, but the Lincecum camp turned that offer down. In accepting something with a very similar average annual value but not the extra three years, it could be a major sign that Lincecum wants to test the market in two years. But, again, a lot can change until that comes to fruition.

Lincecum, 27, is an elite pitcher. He was 13-14 last season, but don't let the record fool you, as the Giants were offensively challenged. Lincecum had a 2.74 ERA, 1.21 WHIP and 220 strikeouts in 217 innings. He finished sixth in Cy Young voting. He won the Cy Young in both 2008 and 2009 for the Giants and was the ace of the staff that helped carry the Giants to their first World Series championship (2010) since moving to San Francisco.

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Category: MLB
Comments

Since: May 26, 2011
Posted on: January 26, 2012 12:10 pm
 

Giants, Lincecum agree on two-year deal

Granted, he is taking a big risk, but he is a pretty special pitcher and if he can put up two more years of similar numbers, his reward could be HUGE.  Besides with 40 Mil in the bank from this deal, he won't be hurting even if it doesn't work out.  From a strictly numbers POV it seems to be a reasonable bet.  2 years guarenteed, turning down 3 more at the same anual rate.  Sure his a risk for a career ending injury, but if he pitches even close to as good as he has been, he'll probably get a lot more in terms of money AND years. 

 

Look at it another way:  What are the chances he will get a major injury in the next two years compared to the odds he will get a major injury in the following 3?  If he gets hurt now, he won't get another big contract, but if he gets hurt in years 3-5 he won't get a big contract after that.  Whereas if he can make it the next two years he can lock up a contract a lot longer than 3 years.  That way, if he gets hurt at that point, he'll have all the extra guarenteed money.  So considering he is injury prone, this could actually be safer for him, if he can just stay healthy for two more years. 




Since: May 22, 2007
Posted on: January 26, 2012 7:14 am
 

Giants, Lincecum agree on two-year deal

I have no idea why Tim Lincecum turned down a five year 100 million dollar contract from the Giants. Maybe he wanted to keep his options open, but I don't see anyone other team who will offer that much money if he has any injury issues. Maybe the Yankees will...who knows in baseball. There's so much money being thrown around...look at the Rangers giving up 111 million for Yu Darvish and he hasn't pitched an inning in MLB.



Since: Dec 29, 2011
Posted on: January 25, 2012 7:40 pm
 

Giants, Lincecum agree on two-year deal

Great move by the Giants..stupid move by Timmy.  With his frame and violent arm motion Tims arm is not going to last..for any pitcher to turn down 100 MILLION DOLLARS is insane!!

I couldn't agree more.



Since: Jan 12, 2011
Posted on: January 25, 2012 4:54 pm
 

Giants, Lincecum agree on two-year deal

I think gauranteed money in baseball is insane but this guy will only get maybe 22-24/year after these two years....if he stays consistant and healthy.  He was dumb to turn down the longer contract.  But it sounds like he wants to cash in and pick his team to pitch for after these two years.



Since: Dec 11, 2006
Posted on: January 25, 2012 4:32 pm
 

Giants, Lincecum agree on two-year deal

How much did Brandon Webb turn down, before his arm went?  He is still a free agent waiting to be signed.




Since: Oct 23, 2006
Posted on: January 25, 2012 11:55 am
 

Giants, Lincecum agree on two-year deal

Great move by the Giants..stupid move by Timmy.  With his frame and violent arm motion Tims arm is not going to last..for any pitcher to turn down 100 MILLION DOLLARS is insane!!



Since: Nov 18, 2006
Posted on: January 25, 2012 11:50 am
 

Giants, Lincecum agree on two-year deal

Major blunder by old Timmy. 5 years at 20 mil a season ? Guarenteed? And you don't take it? This guy is an arm problem waiting to happen. He left 60 mil on the table to gamble on more in the future? You do have some balls my friend and some nerve. Big mistake Timmy.



Since: Oct 8, 2011
Posted on: January 25, 2012 9:57 am
 

Giants, Lincecum agree on two-year deal

Happy fourtwin little tim Gawd bless.  Hopefully he can remain healthy enough to cash in 2014.  The guy has phenominal stuff.  He might not have the pop he did a few years ago but hes really starting to use his head out there.  This guys change-up is second to noooone!!!!!



Since: Sep 15, 2006
Posted on: January 25, 2012 9:43 am
 

Giants, Lincecum agree on two-year deal

Good, smart, contract for both sides.





Since: Jan 24, 2012
Posted on: January 25, 2012 8:44 am
 

Giants, Lincecum agree on two-year deal

 LOL I agree fully. But his stats speak for themselves.

 



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