Originally posted on The Outside Corner  |  Last updated 4/2/12

John Shea of the San Francisco Chronicle is reporting on Twitter that the Giants will sign starter Matt Cain to a contract extension before Opening Day, and the deal is rumored to be in the area of five years, $110 million. Cain doesn't turn 28 until the end of the season, and was eligible for free agency after the season is over. He is scheduled to make $15 million this season, his final year of a three year extension signed in March 2010.

Cain has been the second best Giants starter over the last few seasons, behind just Tim Lincecum. Over his seven season career, Cain has a 3.35 ERA (along with a 3.69 FIP), and has accrued 24.2 fWAR. While Cain isn't as dominant as Lincecum (who has 27.9 fWAR in 300 fewer innings than Cain), he's a durable number two starter. Cain has five straight seasons of at least 200 innings, and has made at least 30 starts in every full season of his career.

But jeez...$22 million a year? Cain is being paid like a four or five win pitcher, and he's only reached that four win plateau twice in his career. His teammate Lincecum, who is four months younger than Cain with two less years of MLB tenure, is making $18 million this year and $22 million in 2013 after signing a two year extension this winter. By paying Cain, a largely inferior pitcher in comparison to Lincecum the same amount of money, what is that going to do for Lincecum's value after the 2013 season? I'd assume he'll be eyeing $24.4 million average value CC Sabathia is making in his current contract.

By the way, if that 5/110 value is correct, Cain's average annual value of $22 million will be the fifth highest of all-time, behind Sabathia (twice), Cliff Lee, and Johan Santana. I wouldn't put Cain in that class, would you?

[follow]

MORE FROM YARDBARKER

Report: SEC will not stop Alabama from hiring Hugh Freeze

Mason Rudolph reportedly will not play in Senior Bowl due to foot sprain

Austin Rivers reportedly cleared air with Trevor Ariza, has yet to with Chris Paul

Warriors rookie Jordan Bell taken off court in wheelchair

New Texans GM looking to extend Jadeveon Clowney

LIKE WHAT YOU SEE?
GET THE DAILY NEWSLETTER:

Doug Marrone gives humorous take on going against Rob Gronkowski

LeBron James admits this season has been most challenging of his career

Trevor Ariza, Gerald Green will be suspended two games

Jaguars gift dying fan tickets to AFC Championship Game

Report: Tom Brady jammed throwing hand at practice after teammate ran into it

Paul Pierce told Danny Ainge to scrap Isaiah Thomas video

The 'Fumble and The Miss' quiz

NFL Championship Weekend Predictions: History will be made in the NFC

Johnny Gaudreau, Flames hope layoff won't cool them down

NFL Referee Hotline Bling: The Saints miss an important long-distance call

Ranking baseball's GMs entering the 2018 season

Case Keenum deserves better than the also-ran description

Greatest NFL Conference Championship moments ever

College basketball’s most underrated stars

Best performances in the history of NFL Conference Championship games

The 'All Jolly Rogers at half-mast' quiz

Eight gutsy NBA trade deadline deals that would turn the tide

Best players to debut on the 2018 Baseball Hall of Fame ballot

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 Yardbarker Privacy Policy and Terms of Service. You can opt out at any time. For more information, please see our Privacy Policy.

Ranking baseball's GMs entering the 2018 season

NFL Referee Hotline Bling: The Saints miss an important long-distance call

Johnny Gaudreau, Flames hope layoff won't cool them down

The 'Fumble and The Miss' quiz

NFL Championship Weekend Predictions: History will be made in the NFC

Greatest NFL Conference Championship moments ever

The 'All Jolly Rogers at half-mast' quiz

Best players to debut on the 2018 Baseball Hall of Fame ballot

Case Keenum deserves better than the also-ran description

The 'It's a walk-off!" quiz

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