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Old 04-02-2012, 01:00 PM   #1 (permalink)
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Giants, Matt Cain agree to 5-yr/$112.5M extension

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As we reported, this is a five-year, $112.5 million extension with club option for 2018 that vests automatically for $21 million if Cain hits an innings target in 2017. Im told its an easy number to hit if he is a healthy full-time starter. Cain also gets a full no-trade clause for the life of the deal

Quite technically, Cain is actually signing a six-year contract with a seventh-year option because his $15 million deal for this year was ripped up and included in the new deal so the no-trade rights could be inserted for 2012. The money for this year does not change.

As weve said, the $22.5 million average annual value is the highest for a right-handed pitcher on a multiyear deal. Interestingly, he broke the record of $20.25 million just set by Tim Lincecum for his 2012-13 deal.
http://blog.sfgate.com/giants/2012/0...-million-deal/
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Old 04-02-2012, 01:19 PM   #2 (permalink)
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Re: Giants, Matt Cain agree to 5-yr/$112.5M extension

Wonder what there going to have to pay Lincecum now
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Old 04-02-2012, 01:41 PM   #3 (permalink)
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Re: Giants, Matt Cain agree to 5-yr/$112.5M extension

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Wonder what there going to have to pay Lincecum now
my first thought was how much is Greinke going to want from the brewers
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Old 04-02-2012, 03:16 PM   #4 (permalink)
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Re: Giants, Matt Cain agree to 5-yr/$112.5M extension

If he's WIN METHOD, then this makes sense.
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Old 04-02-2012, 03:17 PM   #5 (permalink)
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Re: Giants, Matt Cain agree to 5-yr/$112.5M extension

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Originally Posted by roux2dope View Post
my first thought was how much is Greinke going to want from the brewers
I feel sick all of a sudden.
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Old 04-02-2012, 03:39 PM   #6 (permalink)
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Re: Giants, Matt Cain agree to 5-yr/$112.5M extension

Greinke is a unique case because of his social anxiety issues. The big money teams aren't a good fit for him because of all the pressure of playing in NYC or Boston et cetera. So he's probably going to go for less than he would if he did not have that issue. Personally I would rather have 15 million and be happy than to have 21 million and be miserable.
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