The Giants held an introductory press conference to present new manager Bob Melvin Wednesday. It was announced that both Melvin and president of baseball operations Farhan Zaidi have agreed to deals that run through 2026, with Andrew Baggarly of The Athletic among those to relay the news. While Melvin’s deal is signed, chairman Greg Johnson said that Zaidi and the club have “agreed in principle” to a deal through 2026 which will be announced shortly, video courtesy NBCS. Zaidi announced that they will give the Padres no compensation for acquiring Melvin, per John Shea of the San Francisco Chronicle.
Melvin was manager of the Padres until now, on a deal that ran through 2024. It wasn’t known if his reported move to the Giants would affect his contract, but Wednesday’s news provides some clarity on that front. The news about Zaidi is also particularly noteworthy since his current deal was also set to expire after 2024. Though he hasn’t put pen to paper yet, it seems he will secure himself a bit of runway as well.
The Giants have been somewhat inconsistent since Zaidi was hired at the end of the 2018 season. The club finished below .500 in the two seasons prior to him joining the club and would post two more losing seasons in 2019-2020. That was followed by an incredible jump to 107 victories in 2021, though that club was eliminated by the Dodgers in the NLDS. They then dropped to 81-81 in 2022 and were expected to be ambitious in the 2022-2023 offseason as they looked to get back into contention.
They did indeed set their sights high, coming close to landing Aaron Judge before he wound up back with the Yankees. The Giants then pivoted to another free agent superstar in Carlos Correa, agreeing to a 13-year, $350M deal, but the Giants balked at Correa’s medicals and walked away before making that deal official. By then, most of the top free agents had already signed elsewhere and the Giants eventually spread their money around to several mid-tier guys, including Ross Stripling, Sean Manaea, Michael Conforto, Mitch Haniger, Taylor Rogers and Luke Jackson.
Though the club hovered around the postseason picture for parts of 2023, they ultimately slid down the standings and finished at 79-83. It was expected that 2024 was going to be a sort of make-or-break year for the staff, with both Zaidi and manager Gabe Kapler believed to be on contracts that would expire after that season. As recently as mid-September, Johnson voiced his support for the Kapler/Zaidi duo to return in 2024. But Kapler was fired just a couple of weeks later and has now been replaced by Melvin. It seems that Johnson and the club want to give this new duo some continuity going forward and will lock them in for three years.
Despite the inconsistent results on the field, it’s understandable why the club felt it would need to present a united front. Signing a marquee free agent figures to be a big priority again this offseason and it should help with the pitch if they have things in order. Many free agents will go to whichever team offers the most money, but if they receive somewhat comparable offers from multiple clubs, other factors could act as dealbreakers. Signing onto a club with a lame duck president could have perhaps created some uncertainty in the minds of prospective signees, but Wednesday’s announcement should take that off the table.
Even if the Giants are successful in landing a big name free agent or two this winter, the path back to contention will still have challenges. The Dodgers continue to be a powerhouse and should have plenty of money to spend this offseason. The Diamondbacks are headed to the World Series right now and are loaded with young talent to keep them in good shape going forward. The Padres are a bit of a mystery at the moment but still have plenty of star power. It will be an interesting period for the Giants but the ticking clock isn’t quite as loud as it appeared to be coming into Wednesday.
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