Found January 17, 2012 on
The San Francisco Giants on Tuesday reached a three-year, $17.5 million deal with All-Star third baseman Pablo Sandoval, avoiding arbitration, the San Jose Mercury News reported, citing sources.
The deal breaks down to $3.2 million this year, $5.7 million in 2013 and $8.25 million in 2014.
The Giants also reached one-year agreements with outfielders Melky Cabrera ($6 million) and Nate Schierholtz ($1.3 million), and reliever Santiago Casilla ($2.2 million), leaving only pitchers Sergio Romo and Tim Lincecum on the arbitration ledger.
Lincecum filed for a $21.5 million salary, while the Giants offered $17 million. Both offers represent a record for a player with less than six years' experience, bettering the $18.5 million Derek Jeter won, and the $14.25 million the Yankees offered in 2001.
Sandoval, 25, hit .315 with 23 home runs and 70 RBIs last season. He is .307 in four seasons with the Giants, with 114 doubles, 64 home runs and 247 RBIs.
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BEST OF MAXIM
#SFGiants agree to terms on 3-year Major League contract with Pablo Sandoval
Don’t know the details, but initial reaction: I like this.
UPDATE: Baggs has the details:
Source tells me Pablo Sandoval’s contract is worth $17.15 guaranteed, plus incentives.
Love this move.
According to a tweet from the San Francisco Giants, the club has avoided arbitration with third baseman Pablo Sandoval and signed him to a three-year contract.
Henry Schulman of the San Francisco Chronicle says the Kung Fu Panda is now locked in. The San Francisco Giants and Pablo Sandoval have agreed to a three-year deal worth $17.15 million. Sandoval will be making $3.2 million in 2012, $5.7 million in 2013, and $8.25 million in 2014. Which means all of his arbitration years are covered. Sandoval is eligible to be a free agent prior to...
San Francisco Giants third baseman Pablo Sandoval has agreed to terms on a three-year deal with the team, according to our partners at CNS Bay Area.
The San Jose Mercury News reported the deal was worth a total $17.15 million.
Sandoval earned just $500,000 last year, but this year he became arbitration eligible which increased his worth.
The slimmed-down Sandoval is a fan favorite...
Tuesday was the last day that teams could announce the amount of money they would want to offer their arbitration-eligible players, but it was the San Francisco Giants who ended up making a move that would allow them to not have to worry about what to do with one of their stars on offense. They inked third baseman and crowd favorite Pablo Sandoval to a three year, $17.15 million...
Demonstrating the belief that Pablo Sandoval's 2011 resurgence was legitimate, the Giants agreed to terms with the third baseman on a three-year contract extension Tuesday, avoiding salary arbitration.
In a statement of faith that seemed so unlikely 14 months ago, the Giants agreed Tuesday to a three-year, $17.15 million contract with third baseman Pablo Sandoval that rewards not only his production on the field, but...
New contract erases third baseman's arbitration-eligible years.
Contract erases third baseman's arbitration-eligible years.
A year ago, the San Francisco Giants were coming off a shocking World Series victory. A curious side story was that the 2010 season was disappointing on an individual level for their young third baseman Pablo Sandoval, who ended up getting benched in the playoffs to make room for the likes of Juan Uribe and Edgar Renteria. A post-World Series picture of Sandoval settling down in...
The San Francisco Giants on Tuesday signed third baseman Pablo Sandoval to a three-year contract.
The Giants and Tim Lincecum might have grabbed baseball industry headlines Tuesday when they exchanged record-setting...