The baseball world was shocked on Tuesday night when the San Francisco Giants agreed to terms with former National League Cy Young Award winner Tim Lincecum. The right-hander signed a two-year deal worth a reported $35 million – much higher than he was expected to fetch.
With that deal in mind, this year’s free agent pitching class could be in for major paydays. Japanese standout Masahiro Tanaka, Ervin Santana, Matt Garza, A.J. Burnett, Hiroki Kuroda and Ubaldo Jimenez could all base their deals off what Lincecum fetched, despite a disappointing 2013 campaign.
The right-hander will make $17 million next season and $18 million in 2015, setting an annual average of $17.5 million for the deal.
Last year, Lincecum went 10-14 with a 4.37 earned run average in almost 200 innings of work for the Giants – a marked improvement from a dismal 2012 campaign in which San Francisco won the World Series, despite little-to-no production out of their former ace.
That season, he went 10-15 with a 5.18 ERA and was used primarily out of the bullpen during the postseason.
The Seattle Mariners were reportedly interested in signing Lincecum, but now will miss the opportunity and will seek other pitching options.