Extension Updates for Cain/Bum

[tzill]

Cain Expected To Sign Five-Year Deal

The Giants will sign right-hander Matt Cain to an extension "in the neighborhood of" five years and $110MM by Opening Day, two sources tell John Shea of the San Francisco Chronicle (on Twitter). CAA Sports represents Cain, who had been scheduled to hit free agency following the 2012 season.

Jeez....who the fuck had that predicted....

oh, yeah.....ME.

:israel::israel:

 

[gp956]

Since Cain keeps referring to 'market value' that seems to be the metric he's using. The question is 'What does HE mean by market value?' If I'm Matt Cain I look at Timmy's current offer from the club and settle in on the 2nd year. 21.5M. Do I think he's as good as Timmy? Not quite there but awful damn close. In the long run he may prove more valuable and durable as well. I have to think that Cain feels he is worth the investment. I think he'd take 4/82M or 5/100-110M ... I think he's using Timmy contract as his metric

So close to nailing it.

 

[gp956]

Jeez....who the fuck had that predicted....

oh, yeah.....ME.

:israel::israel:

You have an advantage, you're buddys with Baer.

 

[gp956]

That was my take on it. I'm thinking 5/110 if they get a deal done this month.

Ok. I guess I got to give it up. Nailed it.

 

[gp956]

I hope Cole Hamels hits free agency. I'd like to see where the market for pitchers has gone.

 

[CitySushi]

Looks like 100M deal with 5M signing bonus, per Baggs twitter.

 

[calsnowskier]

H U G E

 

[the_broom]

Saw an announcement through the Giants Facebook page....about time!

 

[filosofy29]

H U G E

Raptor Jesus for the Cain Extension???

Cal you Raptor Jesus Nazi!

 

[the_broom]

Big REP for everyone on this page!

 

[GiantsPackersChamps2011]

YEEEE BUDDY!
Now lets get Bumgarner a long term deal

 

[calsnowskier]

YEEEE BUDDY!
Now lets get Bumgarner a long term deal

In about 2 or 3 years, sure. For now, let's go with free CY level pitcher, tyvm.

 

[gp956]

Looks like 100M deal with 5M signing bonus, per Baggs twitter.

Plus a club/player option year on the back end, or a 7.5M buyout. So, guaranteed 112.5 over five years, or, including this year, 127M over six.

 

[filosofy29]

Looks like 100M deal with 5M signing bonus, per Baggs twitter.

Matt Cain, Giants agree to five-year, $100 million contract - San Jose Mercury News

I didn't have the contract exactly right.....but I did say $112.5M.....

Post 7:

http://www.sportshoopla.com/forums/san-francisco-giants/66724-so-begins.html

 

[calsnowskier]

Raptor Jesus for the Cain Extension???

Cal you Raptor Jesus Nazi!

Heil Raptor!!

 

[CameronFrye]

I will not argue the fact that the contract he got is the going rate for pitchers of his quality, but there's not a stat geek alive who is going to convince me that a starting pitcher is ever worth that much money.

 

[gp956]

Rainy Day Fund for the WIN!!!

 

[gp956]

I will not argue the fact that the contract he got is the going rate for pitchers of his quality, but there's not a stat geek alive who is going to convince me that a starting pitcher is ever worth that much money.

I considered posting something similar.....but then I read the room.

 

[filosofy29]

I will not argue the fact that the contract he got is the going rate for pitchers of his quality, but there's not a stat geek alive who is going to convince me that a starting pitcher is ever worth that much money.

I agree in principle. What helps me get through the outrageous contracts nowadays (especially for pitchers) is how they compared to their peers at the time of the signing (both with on-field performance and contract-wise) and the subsequent performances. I think this is a good contract for the Giants and for Cain. I'm super, super, super happy.

 

[tzill]

Rainy Day Fund for the WIN!!!

What a glorious feeling,

I'm hap-hap-happy again....