Extension Updates for Cain/Bum

[CameronFrye]

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

Rep for honesty. My biggest problem is that I always forget to account for (read: care) what other people think. It's my fatal flaw in life.

 

[msgkings322]

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.

Inflation is a bitch. Pretty soon you'll probably think that about every big contract to any kind of player.

But when you can sell a team for 2 billion with a b, the contracts are going higher....

 

[gp956]

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

Freaky, man.

 

[Hangman]

Fuck yeah!!! Giants resigning Matt Cain and now Lincecum will my preseason.

 

[CameronFrye]

According to Buster Olney on ESPN, the deal has a full no-trade clause and could be worth as much as $141 million over 7 years.

Wow.

 

[Hangman]

San Francisco Giants work out extension for Matt Cain - ESPN

The San Francisco Giants have worked out a new contract for All-Star Matt Cain that will make him the highest-paid right-handed pitcher in baseball history.

Cain, who was set to earn about $15 million in the last year of his contract, will have that deal ripped up and will get six years and $127.5 million, sources told ESPN The Magazine's Buster Olney. He gets a player option for 2018 that can bring the total value of the contract to $141 million. Cain receives a full no-trade clause.

The previous record for a right-handed pitcher was Kevin Brown's $105 million contract the Dodgers gave him after the 1998 season.

The 27-year-old Cain went 12-11 last season with a 2.88 ERA, reaching 200 innings for the fifth straight season. He also didn't allow an earned run during the entire 2010 postseason, when the Giants pulled off an improbable World Series championship.

Giants general manager Brian Sabean has said for years his priority is to keep his pitching staff intact for the long haul -- and that hasn't changed. Two-time NL Cy Young Award winner Tim Lincecum reached a $40.5 million, two-year deal in late January.

 

[tzill]

Fuck yeah!!! Giants resigning Matt Cain and now Lincecum will my preseason.

I need someone to translate for me...

 

[msgkings322]

San Francisco Giants work out extension for Matt Cain - ESPN

The San Francisco Giants have worked out a new contract for All-Star Matt Cain that will make him the highest-paid right-handed pitcher in baseball history.
Cain, who was set to earn about $15 million in the last year of his contract, will have that deal ripped up and will get six years and $127.5 million, sources told ESPN The Magazine's Buster Olney. He gets a player option for 2018 that can bring the total value of the contract to $141 million. Cain receives a full no-trade clause.

The previous record for a right-handed pitcher was Kevin Brown's $105 million contract the Dodgers gave him after the 1998 season.

The 27-year-old Cain went 12-11 last season with a 2.88 ERA, reaching 200 innings for the fifth straight season. He also didn't allow an earned run during the entire 2010 postseason, when the Giants pulled off an improbable World Series championship.

Giants general manager Brian Sabean has said for years his priority is to keep his pitching staff intact for the long haul -- and that hasn't changed. Two-time NL Cy Young Award winner Tim Lincecum reached a $40.5 million, two-year deal in late January.

The per year numbers aren't particularly high, it's the length of the contract. Most teams will only do deals this big and this long (that's what she said) with absolute horses who you figure won't kill you with an injury.

 

[filosofy29]

According to Buster Olney on ESPN, the deal has a full no-trade clause and could be worth as much as $141 million over 7 years.

Wow.

San Francisco Giants work out extension for Matt Cain - ESPN

The San Francisco Giants have worked out a new contract for All-Star Matt Cain that will make him the highest-paid right-handed pitcher in baseball history.

Cain, who was set to earn about $15 million in the last year of his contract, will have that deal ripped up and will get six years and $127.5 million, sources told ESPN The Magazine's Buster Olney. He gets a player option for 2018 that can bring the total value of the contract to $141 million. Cain receives a full no-trade clause.

The previous record for a right-handed pitcher was Kevin Brown's $105 million contract the Dodgers gave him after the 1998 season.

The 27-year-old Cain went 12-11 last season with a 2.88 ERA, reaching 200 innings for the fifth straight season. He also didn't allow an earned run during the entire 2010 postseason, when the Giants pulled off an improbable World Series championship.

Giants general manager Brian Sabean has said for years his priority is to keep his pitching staff intact for the long haul -- and that hasn't changed. Two-time NL Cy Young Award winner Tim Lincecum reached a $40.5 million, two-year deal in late January.

Dude, wtf? Didn't gp say something about the contract being ripped up? Eerie man.....

Alright gp, what position do you hold within the Giants FO?

EDIT: Looks like the contract is just the $112.5M + the $15M owed for this year. Somebody smarter than me, why would this be done?

 

[SFGRTB]

San Francisco Giants Rumors: MLB Rumors - MLBTradeRumors.com

127.5 million from 2012-2017 with a vesting option for another year.

 

[gp956]

According to Buster Olney on ESPN, the deal has a full no-trade clause and could be worth as much as $141 million over 7 years.

Wow.

 

[gp956]

San Francisco Giants Rumors: MLB Rumors - MLBTradeRumors.com

127.5 million from 2012-2017 with a vesting option for another year.

that was so 27 seconds ago.....

 

[the_broom]

that was so 27 seconds ago.....

:hdn: Big ups for the commercial ref...

 

[filosofy29]

Is there anything official out there yet on length, $ and terms? This contract is like Wilt Chamberlains love life.....keeps getting bigger and better.

 

[gp956]

Inflation is a bitch. Pretty soon you'll probably think that about every big contract to any kind of player.

But when you can sell a team for 2 billion with a b, the contracts are going higher....

It's classic Baumol's Cost Disease.

 

[msgkings322]

It's classic Baumol's Cost Disease.

It definitely is, combined with a globalizing industry. Get used to it. At the end of this deal he may seem very underpaid.

 

[calsnowskier]

that was so 27 seconds ago.....

Does anyone know to post videos to H..oopla?

 

[gp956]

 

[gp956]

Does anyone know to post videos to H..oopla?

I don't. Unless they're on youtube.

 

[gp956]

It definitely is, combined with a globalizing industry. Get used to it. At the end of this deal he may seem very underpaid.

I hope I'm still alive on the day Zito's contract looks cheap. 2060?