Giants focusing more on 'modestly priced' pitchers

San Francisco Giants team chairman Greg Johnson and general manager Zack Minasian have each downplayed the idea that the team will be pursuing long-term (and therefore more pricier) pitching signings this offseason, due to both the risk associated with such contracts and the number of lengthy and expensive contracts already on San Francisco’s books. As such, it probably isn’t a big surprise that “a lot of their market pitching inquiries have been for more modestly priced arms,” according to ESPN’s Buster Olney.

The context of Olney’s report comes in the context of speculation that the Giants could be a suitor for Tatsuya Imai, as it would seem the Giants might not be willing to meet Imai’s asking price. There is a widespread belief that Imai’s eventual contract will run deep into the nine figures — MLB Trade Rumors projects a six-year, $150M deal for Imai, who ranked seventh on our list of the offseason’s top 50 free agents.

If the Giants were going to make a longer-term commitment to a pitcher, Imai might fit the bill given his relative youth (he doesn’t turn 28 until May) and naturally his excellent track record in Nippon Professional Baseball. Imai’s recent interview on the Hodo Station show also caught the attention of Giants fans, as Imai suggested that while he’d enjoy playing with the Dodgers, “winning against a team like that and becoming a world champion would be the most valuable thing in my life. If anything, I’d rather take them down.”

Still, Imai’s ability to carry his success over to Major League Baseball isn’t seen as a sure thing amongst evaluators. If San Francisco was going to splurge on a top-end starter, spending big on a pitcher who’s more proven against MLB hitters would seem to carry more appeal to a Giants organization that wants to minimize risk in its rotation investments (that is, if the Giants decided to spend big on any pitcher at all).

While there’s no such thing as having too much frontline pitching, the Giants are already ahead of a lot of teams by having a clearcut ace in Logan Webb. Robbie Ray also pitched well in 2025 after missing most of the 2023-24 seasons recovering from Tommy John surgery. This duo gives the Giants two starters they can count on to take the ball in a playoff series, plus homegrown starter Landen Roupp also pitched well in his first extended taste of big league action in 2025. However, there isn’t any proven depth beyond this group, making the rotation a priority for Buster Posey’s front office this winter.

If the Giants are primarily looking at second- or third-tier options, there’s still plenty of talent to be had amongst veteran arms who might be limited to shorter-term contracts based on their age alone. Signing Justin Verlander to a one-year, $15M deal last offseason worked out for the team, so re-signing Verlander or perhaps seeking out this winter’s version of a “Verlander contract” with another pitcher is more the Giants’ speed. Inking at least one veteran to eat innings and stabilize at least one rotation spot would allow San Francisco’s younger pitchers some space to compete amongst themselves for a fifth starter’s role, and ideally one could emerge as Roupp did last year.

Though there’s some sound reasoning behind the Giants’ approach to starting pitching, the strategy probably isn’t going to sit well with Bay Area fans wondering why the team isn’t willing to spend at a higher level. The Giants have exceeded the luxury tax threshold just once in the last eight seasons, as after paying a minimal tax bill in 2024, the club ducked back under the line again in 2025. Johnson’s non-committal stance towards paying the tax or even exceeding $200M in payroll space also doesn’t lend itself to the idea that San Francisco is planning anything truly substantial on the spending front this winter, and certainly not on the pitching side.