Originally posted on 22gigantes  |  Last updated 3/9/12

According to Henry Schulman of the San Francisco Chronicle, the Giants have signed left-hander Madison Bumgarner to a one-year contract, close to $575,000.

Bumgarner is only 22, and like I have been saying for months now, there’s absolutely no reason the Giants should sign him to a long-term deal. He’s under the team’s control until 2015. By then, if he continues performing the way he has so far, he’ll start making so much through arbitration the Giants will want to sign him long-term.

But for now, the young lefty (who made $450,000 last season) will fall in line like the rest of baseball’s whipper snappers.

Schulman does a very good job explaining the reasons why young players don’t earn that much:

For the first three years of your big-league career, you basically play for the league minimum (now $480,000) or slightly above. Then you become eligible for salary arbitration and your paychecks rise exponentially until you reach six years of service time, when you can cut your own deal with anybody as a free agent.

Bumgarner might become arbitration-eligible next season as a “Super Two” player, and the Giants could work out a deal to buy out some of his arbitration years as they’ve done with Matt Cain, Tim Lincecum, Brian Wilson and now Pablo Sandoval. There is no urgency to do so, but if Bumgarner has a monster year the Giants will have to pony up more dough in arbitration.

Meanwhile, there is still no word on the Matt Cain contract talks. Cain is eligible to become a free agent at the end of this season and will either: a) wait until the season ends and play the market, or b) sign a contract extension before the regular season starts (it’s rumored he wants 5 or 6 years and at least $100 million dollars).




I hope you enjoyed reading "Giants, Bumgarner agree to one-year deal." I'm interested in your opinion on this article. Why not leave a comment at 22gigantes.com?


MORE FROM YARDBARKER:
Five most anticipated September MLB call-ups
GET THE YARDBARKER APP:
Ios_download En_app_rgb_wo_45
MORE FROM YARDBARKER

Report: Wentz unlikely to see any playing time this season

Minnesota Wild names Prince’s ‘Let’s Go Crazy’ official goal song

Gabby Douglas joining judges for Miss America pageant

Recruit decommits from Michigan after mail mistake

Dez Bryant reportedly suffers concussion at practice

LIKE WHAT YOU SEE?
GET THE DAILY NEWSLETTER:

Kobe Bryant to be honored with his own day in LA on 8/24

Colts sign Antonio Cromartie

Connor McDavid: 'I’m not some 18-year-old kid anymore'

Aguayo seeks out mental coach after missing kicks

Josh Norman unloads on Goodell: He is 'straight horrible'

Siemian named Broncos starter for third preseason game

One Gotta Go: NFL legends (and Jose Canseco!) have no love for Captain America

Four WNBA teams to pay attention to post-Olympic break

Ranking the uniforms of the NFL from worst to best

Madden 17 shows how vital a fresh coat of paint can be

Why people just can't get behind the Washington Nationals

Washington's Josh Norman speaks candidly about multiple NFL talking points

Derrick Rose: Knicks have chance to win every game

Ranking the MLB divisional races

Inside the Pokemon World Championships, where masters are born

NFL players under most pressure in preseason Week 3

Tre Mason's mother: RB is like '10-year-old' due to head injuries

What we learned from this year's baffling SummerSlam event

MLB News
Delivered to your inbox
You'll also receive Yardbarker's daily Top 10, featuring the best sports stories from around the web. Customize your newsletter to get articles on your favorite sports and teams. And the best part? It's free!

By clicking "Sign Me Up", you have read and agreed to the Fox Sports Digital Privacy Policy and Terms of Use. You can opt out at any time. For more information, please see our Privacy Policy.
the YARDBARKER app
Get it now!
Ios_download En_app_rgb_wo_45

One Gotta Go: NFL legends (and Jose Canseco!) have no love for Captain America

Ranking the uniforms of the NFL from worst to best

Four WNBA teams to pay attention to post-Olympic break

Madden 17 shows how vital a fresh coat of paint can be

Why people just can't get behind the Washington Nationals

QUIZ: Name every player to win a championship with Kobe Bryant

Inside the Pokemon World Championships, where masters are born

What we learned from this year's baffling SummerSlam event

Football Down Under: Looking back at college football overseas

31 memories from the XXXI Olympiad

Today's Best Stuff
For Publishers
Company Info
Help
Follow Yardbarker