BREAKING NEWS: Giants reportedly sign Top MLB Star in $62 million contract
With just 10 days remaining until Opening Day, the San Francisco Giants have capped off an extraordinary offseason by signing left-handed pitcher Blake Snell to a two-year, $62 million contract, featuring an opt-out clause after the first year. This move solidifies one of the Giants’ most impressive offseasons in franchise history and positions them as one of the top contenders in the Major Leagues this year.
Snell, who currently holds the title of the reigning National League Cy Young winner, had been linked to the Giants throughout the offseason, particularly after the team missed out on signing their top pitching target, Yoshinobu Yamamoto. Despite initial doubts arising from the Giants’ signing of Matt Chapman to a similar short-term deal, the Giants ultimately prevailed in securing Snell’s services, even amidst rumors of Alex Cobb’s potential return.
Breaking: Snell to the Giants. $62M, 2 years. Opt out.
— Jon Heyman (@JonHeyman) March 19, 2024
The pairing of Snell with Giants ace Logan Webb represents a formidable rotation duo and marks a reunion for Snell with new Giants manager Bob Melvin. While the financial commitment to Snell is significant, it falls short of the initial projections made at the start of the offseason, which ranged from a five-year, $135 million deal to a seven-year, $200 million contract. The Giants will also incur a third-round draft pick loss and a reduction of $500,000 in international signing bonus pool money due to Snell’s previous Qualifying Offer status with the San Diego Padres.
With Snell’s addition to the rotation and Cobb’s imminent return, the Giants boast one of the most exciting pitching rotations in baseball, featuring the likes of Snell, Webb, Cobb, top left-handed pitching prospect Kyle Harrison, and converted flamethrower Jordan Hicks. Additionally, the Giants have promising prospects such as Keaton Winn and Mason Black waiting in the wings, with Robbie Ray and Tristan Beck expected to return around the All-Star break.
Snell’s recent showcase in Seattle, during which he threw approximately 50 pitches, indicates that he may be ready to contribute immediately and potentially make the Opening Day roster, further bolstering the Giants’ pitching depth and championship aspirations.