Giants, Tim Lincecum Agree to Big New Deal

January 24, 2012 – 11:40 pm by Ryan Phillips

The San Francisco Giants have avoided arbitration with ace righty Tim Lincecum by agreeing to a contract with him. The 27-year-old two-time National League Cy Young Award winner’s new deal is worth $40.5 million over two years.

The Giants gave Lincecum a $500,000 signing bonus, and the contract includes a salary of $18 million for 2012 and $22 million for 2013. The Washington product still has to pass a physical, but the deal should be officially announced next week.

By agreeing to a deal the two sides avoided what could have been a ugly showdown. Lincecum had asked for a near-record $21.5 million in salary arbitration, while the Giants had offered him $17 million. The previous record sought in arbitration came when Roger Clemens asked for $22 million in 2005. San Francisco’s offer was the highest in history, besting the $14.25 million the New York Yankees offered Derek Jeter in 2001.

In February of 2010 Lincecum agreed to a two-year, $23 million deal ahead of an arbitration hearing.

In 2011 Lincecum went 13-14 with a 2.74 ERA, which was the first year in which he had a losing record. The righty had 220 strikeouts in 217 innings pitched. He has been an All-Star in each of the past four seasons and has a career record of 69-41 with a 2.98 ERA and a 1.19 WHIP, while also totaling 1,127 in 1,028 innings pitched.

Lincecum got a huge deal by being consistently outstanding for the Giants. He is the ace of one of baseball’s best pitching staffs and we all knew he was going to get a big contract sooner or later. Is he worth more than $20 million a year? Probably not, but that is the going rate for an ace starting pitcher these days.

So nice job Tim, way to go. Now don’t go blowing all of that cheddar on weed and girly tattoos.

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  1. One Response to “Giants, Tim Lincecum Agree to Big New Deal”

  2. Thank god! win for both teams hella money for Tim and a short contract for The G- men

    By Nate on Jan 25, 2012

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