The San Francisco Giants and 2-time Cy Young winner Tim Lincecum have come to an agreement on a two-year deal and avoided the arbitration that was scheduled for today.  The deal is worth $23 million over two years with $8 million for 2010, $13 million for 2011 and a $2 million signing bonus spread out over the contract.  This was Lincecum’s first year to be eligible for arbitration in which he filed for $13 million while the Giants filed at $8 million.

John Shea and Susan Slusser of the San Francisco Chronicle reported the Giants offered a three-year deal worth $37 million yesterday before reaching the agreement today. That deal would have taken care of three of his four arbitration eligible years. Lincecum’s agent, the Beverly Hills Sports Council Rick Thurman, was rumored to have countered the offer with a number over $40 million for the three-year deal.

This entry was posted on Friday, February 12th, 2010 at 12:49 pm and is filed under Baseball, NL, NL-West, San Francisco Giants. You can follow any responses to this entry through the RSS 2.0 feed. You can skip to the end and leave a response. Pinging is currently not allowed.