The Giants officially declined their $18.0 million option on lefthander Barry Zito and will instead pay him the $7 million buyout.
This comes as no surprise to anyone the least of whom is Zito himself, who took out a full page ad three weeks ago to thank San Francisco Giants fans.
This brings to an end the seven year relationship with the Giants who signed him to deal worth $126 million dollars before the 2007 season. At the time, and for many years after, it was the largest sum ever paid for a pitcher.
Zito, now 35, ends his Giants tenure with a 63-80 record and a 4.62 ERA. Given that he’s a southpaw, there may be one or two teams interested in his services and he could end up getting a one year deal for $2-4 million dollars. Hopefully, it’s not the Mets as in my opinion he wouldn’t even make a good LOOGY.
Last season, Zito went 5-11 with a 5.74 ERA while making 25 starts and five relief appearances after he was yanked from the starting rotation in August.
Incidentally, the Giants ...