Post by Fish Troll on Mar 2, 2007 19:16:59 GMT -5
Giants to sign Cain to four-year deal
By Chris Haft / MLB.com
SCOTTSDALE, Ariz. -- The Giants are expected to announce later Wednesday that they have agreed to terms with right-hander Matt Cain on a four-year contract with an option for a fifth year. An official announcement remained on hold while Cain underwent a physical examination.
The benefits to this deal are mutual. Cain, who pitched his first full Major League season in 2006, gains contractual security shared by few players with his relative lack of experience. The Giants gain cost certainty for the foreseeable future by avoiding arbitration with a player who has the potential to develop into one of baseball's top performers.
The contract enables the Giants to avoid salary arbitration with Cain, who would have become eligible for the process after the 2008 season. The Giants employed this strategy last year with Noah Lowry by giving the left-hander a four-year, $9.25 million extension with a $6.25 million option for 2010.
Cain, 22, finished 13-12 with a 4.15 ERA and 179 strikeouts in 190 2/3 innings last season. He's projected to be San Francisco's No. 2 starter behind Barry Zito.
Chris Haft is a reporter for MLB.com. This story was not subject to the approval of Major League Baseball or its clubs.
By Chris Haft / MLB.com
SCOTTSDALE, Ariz. -- The Giants are expected to announce later Wednesday that they have agreed to terms with right-hander Matt Cain on a four-year contract with an option for a fifth year. An official announcement remained on hold while Cain underwent a physical examination.
The benefits to this deal are mutual. Cain, who pitched his first full Major League season in 2006, gains contractual security shared by few players with his relative lack of experience. The Giants gain cost certainty for the foreseeable future by avoiding arbitration with a player who has the potential to develop into one of baseball's top performers.
The contract enables the Giants to avoid salary arbitration with Cain, who would have become eligible for the process after the 2008 season. The Giants employed this strategy last year with Noah Lowry by giving the left-hander a four-year, $9.25 million extension with a $6.25 million option for 2010.
Cain, 22, finished 13-12 with a 4.15 ERA and 179 strikeouts in 190 2/3 innings last season. He's projected to be San Francisco's No. 2 starter behind Barry Zito.
Chris Haft is a reporter for MLB.com. This story was not subject to the approval of Major League Baseball or its clubs.
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