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Tuesday, January 24, 2012

McCauley: Lincecum and Giants agree to $40.5M, 2-year deal

Two-time NL Cy Young Award winner Tim Lincecum and the San Francisco Giants reached a verbal agreement Tuesday on a two-year contract worth $40.5 million.

The deal includes a $500,000 signing bonus and salaries of $18 million this year and $22 million in 2013, a person familiar with the agreement said Tuesday, speaking on condition of anonymity because the terms were not announced. Lincecum still must take a physical, which the Giants hope will happen early next week to complete the deal.

Lincecum had asked for a near-record $21.5 million in salary arbitration and had been offered $17 million by the club. He remains eligible for free agency following the 2013 season.

Lassus Posted: January 24, 2012 at 10:25 PM | 12 comment(s) Login to Bookmark
  Tags: general

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   1. A triple short of the cycle Posted: January 25, 2012 at 12:41 AM (#4045183)
That's a lot of weed.
   2. Shock Posted: January 25, 2012 at 01:28 AM (#4045210)
Does he not want a long term deal? Seems kinda weird.
   3. Dan from NM Posted: January 25, 2012 at 01:40 AM (#4045216)
Yeah, Lincecum's been quoted about how he's comfortable going year to year and that he's not sure what he'll want down the road. On the other hand, he and his agent did discuss some long-term proposals in this go around.
   4. Traderdave Posted: January 25, 2012 at 01:40 AM (#4045217)
Considering his small frame & abusive mechanics, he stands a real chance of flaming out. I'd have taken the long term deal, but he forgot to check with me.

   5. Infinite Yost (Voxter) Posted: January 25, 2012 at 02:02 AM (#4045225)
It seems likely to me that Lincecum's best years are behind him. I'd be a little iffy on committing to him for the kind of Sabathia-type contract that he'll probably end up commanding.
   6. Walks Clog Up the Bases Posted: January 25, 2012 at 02:06 AM (#4045227)
Does he not want a long term deal? Seems kinda weird.


Does that suggest any trepidation about Lincecum's desire to stay in San Francisco long term? I don't follow the team, so I don't know if he's expressed any such feelings. But it seems strange that he would forgo inking a long-term contract unless he has his eye on going elsewhere.
   7. Bhaakon Posted: January 25, 2012 at 02:07 AM (#4045229)
Does he not want a long term deal? Seems kinda weird.


He wants a long term deal, it just has to be the same one he'd get on the FA market. Which seems to be substantially more than the Giants want to offer him.
   8. Dock Ellis on Acid Posted: January 25, 2012 at 02:12 AM (#4045232)
Does he not want a long term deal? Seems kinda weird.


Who needs the security of a long-term deal when you'll make $63M by the time you've reached free agency? He can literally afford to keep his options open. Timmy strikes me as enough of a free spirit/odd duck to at least want to see what else is out there after 2013.
   9. Walt Davis Posted: January 25, 2012 at 02:14 AM (#4045233)
You don't really expect a pitcher making $20 M a year to be the second biggest deal of the day.
   10. McCoy Posted: January 25, 2012 at 02:59 AM (#4045245)
Saw this one coming pretty much as soon as his side handed in a 23 million dollar arbitration figure. The Giants had to be shitting bricks after that. He wins that one and then in his next year he asks for 30 million or. I'm sure the Giants would love a team friendly long term deal but I don't see how they could come anywhere close to what Tim will want. The guy was basically guaranteed 45 to 50 million dollars over the next 2 seasons. How much more would they have had to throw at him to get him to sell his FA years?
   11. shoewizard Posted: January 25, 2012 at 03:34 AM (#4045256)
According to fWAR and bWAR Lincecum has been anywhere from the 12th to the 19th best starter over the last two seasons. Notably, Matt Cain ranks ride beside him in both metrics.

It works out well for the Giants that he only wants to go year to year. They will likely get good value the next two years, and also be able to extend Cain for much less than it would take to extend Lincecum.

   12. Joe OBrien Posted: January 25, 2012 at 12:38 PM (#4045440)
Lincecum's agent was quoted in the Bay Area press today that the failure to reach a long term deal does not indicate a desire to leave.

Bhaakon has it right. For a long term deal, Lincecum wanted this two year deal plus six years. Probably something like 8/160. The Giants offer was supposedly 5/100. There's still a chance they get a deal done this year, but it will be after they reach a deal with Cain and set a floor for Lincecum.

From Lincecum's perspective, I understand why he isn't willing to leave much money on the table in exchange for reduced risk. Here's a guy who was told his whole youth he was too small to pitch, only to succeed at every level. When he dominated in college, the criticism changed to you're too small to start in the majors. Now the only criticism left is he's an injury waiting to happen. By signing a below market rate deal, it would be acknowledging the critics might be right. Instead he's going to keep betting on himself like always.

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