After lots of speculation over the last few weeks, Tim Lincecum has re-signed with the San Francisco Giants. The former Cy Young award winner was supposedly going to be testing the market with his contract coming up, but that never panned out. Reports said that he was going to listen to offers from other teams and that he might have been interested in returning home to Seattle. But as it turns out, he planned to stay in San Francisco all along.
The right-hander agreed on Tuesday to a two-year deal with Giants worth $35 million. The deal is of course pending a physical and it’s also said to have a no-trade clause embedded in it.
After it seemed like Lincecum’s career was headed for the toilet in 2012, he came back with a decent season in 2013. The Freak lowered his ERA from 5.18 to 4.37 and his WHIP from 1.46 to 1.31. He’s still not the same pitcher that won back-to-back Cy Young awards in 2008 and 2009, but he’s at least trending in the right direction.
From the Giants’ point of view, I like this re-signing. Lincecum is still a good pitcher and he has the potential to get a lot better. It’s better to take a risk on a guy that you know can be good, rather than to roll the dice on a free agent. The length of the deal is just right as well. The Freak is still only 29, so if he regains his prior form over the next two seasons, it will be a no-brainer to re-up him again. If not, they can let him walk after the 2015 season.
Overall, this deal is a win for both parties.