Originally written on The Outside Corner  |  Last updated 11/15/14

The rumors of Tim Lincecum coming to terms with the San Francisco Giants finally came to fruition today, as the two sides agreed to a two year, $40.5 million deal that will ink The Freak through 2013, the final two years of his arbitration eligibility.

The Giants reportedly offered Lincecum an eight year deal and were looking to make the 27-year-old right hander the first pitcher in MLB history to sign such a deal, but those talks quickly died down and the two sides didn't really have much noise to make until the arbitration amounts for both sides were disclosed during last week's deadline. The agreement favors the Giants original amount for the contract ($17.5 million), as Lincecum will get paid $18 million in 2012 and $22 million in 2013. The remaining $500,000 is thanks to a signing bonus per Andrew Baggerly of the San Jose Mercury.

It looks like the Giants eventually became the winner in this process, and keeping Lincecum in line with what they were looking to offer him this year and next year (where his number definitely would have creeped past the $20 million barrier) means that the front office can focus on extending Lincecum's partner in crime Matt Cain to an extension. Cain, of course, goes into his final year of his current contract and will earn north of $15 million this year. 

Lincecum has said many times beforehand that he prefers shorter deals, but the Giants have tried very hard in their two most recent sessions of contract negotiations to ink their man to a long term contract. The one problem this raises is what Lincecum could possibly bring in free agency, where many believe he could be Major League Baseball's first $200 million pitcher if he has two more very good seasons with the Giants.

However, the Giants will be prepared to pay Lincecum at the end of his arbitration cycle thanks mostly to Barry Zito's contract finally coming off the books in 2014, although he still will be owed a $7 million buyout. Considering the core the Giants have with Lincecum, Cain and Madison Bumgarner on the hill along with Pablo Sandoval, Buster Posey and uber-prospect Gary Brown waiting in the wings offensively, the Giants have all the reasons in the world to try and hold on to the two-time Cy Young Award winner and make him a lifelong Giant. Cain is the only player amongst the six that will not be under team-control by the time Lincecum earns free agency eligibility.

Later on, I'll have a follow-up article on Lincecum's progress as a Giant through his first four full seasons and whether or not the Giants will ever be able to ink him to a long-term deal considering his "decline" in 2011 and whether or not somebody like Lincecum is even worth a long-term deal considering his size and unique pitching motion.


Ios_download En_app_rgb_wo_45

Stephen Strasburg is hurt again

Mayweather has message for Pacquiao about injured shoulder

Has Blake Griffin taken the next step?

Mike Evans liked Winston more than Mariota

Ernie Johnson gives his Emmy to Stuart Scott’s daughters


Titus Young avoids prison, receives probation

Manziel moves from downtown Cleveland to golf community

Ex sues Mayweather for $20M for lying in Couric interview

The NBA needs to leave 'hack-a-whoever' rules alone

Top Rank threatens to sue over Mayweather-Pacquiao piracy

Titans already tailoring offense to suit Mariota's strengths

NCAA to hold record 42 bowl games next season

Mike Wallace: 'I'm the fastest player in the NFL'

Ty Lawson could be trade target for Celtics

WATCH: Zack Greinke does great bat flip after hitting double

WATCH: Fan uses beer as ice pack after being hit by ball

La'el Collins reportedly has 'airtight alibi' in murder case

WATCH: Stephen Curry nails shot from hallway prior to game

Top eight NFL free agents on the market

No homers, no problem for Cubs' Kris Bryant

Eagles' Chip Kelly & Sam Bradford: In like, but not love

NFL releases times and dates for preseason slate

Fans file $5M class action suit against Pacquiao over injury

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.
Get it now!
Ios_download En_app_rgb_wo_45

Top eight NFL free agents on the market

Eagles' Chip Kelly & Sam Bradford: In like, but not love

Manziel moves from downtown Cleveland

Making sense of the AL East pile-up

Chris Bosh on blood clot diagnosis: ‘I’m lucky to be alive’

Projecting the All-Star Game rosters

Tiger hasn't slept in three days since Lindsey Vonn breakup

2015 NBA Draft big board, first edition

Eliminate Hack-A-Player: Don't reward violating sports rules

No easy solution to the problem of early NFL draft entrants

What’s next for the Spurs?

Cauley-Stein changes middle name to 'Trill'

Today's Best Stuff
For Bloggers

Join the Yardbarker Network for more promotion, traffic, and money.

Company Info
What is Yardbarker?

Yardbarker is the largest network of sports blogs and pro athlete blogs on the web. This site is the hub of the Yardbarker Network, where our editors and algorithms curate the best sports content from our network and beyond.