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Monday, April 02, 2012

Cain agrees to $127.5M, 6-year deal with Giants - MLB - Yahoo! Sports


Pitching and defense win championships. Pitching and defense win championships.
I hope they have money left over for Buster. I hope they have money left over for Buster.

We're going to really have to jack the A's up for that San Jose market.

Wait, did I just say that out loud? The A's have no money and San Jose is actually a market worth paying something for? Seriously? We are so screwed in a couple of years if we can't find a GM stupid enough to take Zito pretty quick. Where's Jim Hendry's number?


Cain agrees to $127.5M, 6-year deal with Giants - MLB - Yahoo! Sports:


Cain and the Giants agreed Monday to a $127.5 million, six-year contract, the largest deal for a right-handed pitcher in baseball history.
“This is a decision that was made pretty simple for us. It was a process and it was a negotiation. It was good for my family and I to go through all of that,” Cain said, his wife Chelsea in the back of the room for his news conference. “To be able to know this is probably going to be our lifetime as a Giant, that’s pretty cool for us.”
The agreement adds $112.5 million over five years to the $15 million salary for 2012 that remained on the All-Star’s previous deal. Cain gets a $5 million signing bonus as part of the new contract and $20 million annually from 2013-17. The deal includes a $21 million option for 2018 with a $7.5 million buyout that, if exercised, would raise the total to $141 million over seven seasons.
Cain’s option would become guaranteed if he pitches 200 innings in 2017 or 400 innings combined in 2016-17 and isn’t on the disabled list at the end of the 2017 season for a right elbow or right shoulder injury. If it doesn’t become guaranteed, it would be a team option.

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