Make us your home page
Instagram

Get the quickest, smartest news, analysis and photos from the Bucs game emailed to you shortly after the final whistle.

(View our Privacy Policy)

Giants give Cain record contract

SAN FRANCISCO — When Matt Cain pondered his future, staying put in San Francisco where his career took off became the top option.

He emerged as an All-Star and front-line starter with the Giants and helped lead them to an improbable World Series championship two years ago.

Now, Cain has that hefty new contract he hoped for before opening day, awarded for what he has done and what San Francisco's brass is confident he will continue to do in a star-studded rotation.

Cain and the Giants agreed Monday to a $127.5 million, six-year contract, the largest deal for a right-handed pitcher in history.

"This is a decision that was made pretty simple for us. It was a process and it was a negotiation. It was good for my family and I to go through all of that," Cain said, his wife Chelsea in the back of the room for his news conference. "To be able to know this is probably going to be our lifetime as a Giant, that's pretty cool for us."

The agreement adds $112.5 million over five years to the $15 million salary for 2012 that remained on the All-Star's previous deal. Cain gets a $5 million signing bonus as part of the new contract and $20 million annually from 2013-17. The deal includes a $21 million option for 2018 with a $7.5 million buyout that, if exercised, would raise the total to $141 million over seven seasons.

Cain, 27, went 12-11 with a 2.88 ERA in 2011, reaching 200 innings for the fifth straight season.

The record contract for a right-hander was Kevin Brown's $105 million, seven-year deal with the Dodgers after the 1998 season.

UBALDO SUSPENDED: Indians right-hander Ubaldo Jimenez was suspended for five games and fined by Major League Baseball for intentionally throwing at Rockies shortstop and former teammate Troy Tulowitzki during a spring training game.

Jimenez will serve his suspension during the first five games of the season unless he asks the players' association to appeal, which manager Manny Acta expects him to do.

VOTTO DEAL PENDING: The Reds are close to signing first baseman and former NL MVP Joey Votto to an extension worth $225 million over 10 years, according to USA Today. The deal would be the fourth biggest ever and run from 2014-23.

In other Reds news, left-hander Aroldis Chapman is headed back to an injury-depleted bullpen after spending spring training getting ready to be a starter.

BRAVES: Right-hander Tim Hudson made his first appearance of the spring, allowing an infield single over two innings against the Mets. Hudson had offseason back surgery and isn't expected back until May. … Right-handed reliever Cristhian Martinez was arrested in Atlanta and charged with drunken driving. … Rookie Tyler Pastornicky, 22, was named the starting shortstop.

BREWERS: Rightfielder Corey Hart has had no issues with his surgically repaired right knee while playing in minor-league games and appears likely to be ready for opening day.

METS: Closer Frank Francisco was scheduled for an MRI exam on his left knee a day after fluid was drained.

ORIOLES: Right-hander Jake Arrieta will start the season opener Friday.

RANGERS: Outfielder Josh Hamilton is suffering from migraine headaches and is day to day.

RED SOX: New closer Andrew Bailey has been told he needs surgery on his right thumb, the Boston Globe reported. It's unknown how long he'll be out. … Right-hander Josh Beckett went to Texas to have his injured thumb examined. Manager Bobby Valentine said he expected the oft-injured starter to be ready for the season.

Giants give Cain record contract 04/02/12 [Last modified: Monday, April 2, 2012 8:46pm]
Photo reprints | Article reprints

© 2017 Tampa Bay Times

    

Join the discussion: Click to view comments, add yours

Loading...
  1. Peter Budaj, Lightning lose to Devils in shootout; Nikita Kucherov scores

    Lightning Strikes

    NEWARK, N.J. — For Peter Budaj, Tuesday's season debut had a shaky start.

    The Lightning’s Vladislav Namestnikov, right, battles Damon Severson for the puck.
  2. Lightning's Steve Yzerman enjoying Nikita Kucherov's scoring run

    Lightning Strikes

    NEWARK, N.J. — If anyone knows what it is like to be as hot as Nikita Kucherov is right now, it's Lightning general manager Steve Yzerman.

    Tampa Bay Lightning right wing Nikita Kucherov, of Russia, celebrates after scoring a goal on the New Jersey Devils during the second period of an NHL hockey game, Tuesday, Oct. 17, 2017, in Newark, N.J. (AP Photo/Julio Cortez)
  3. Bucs journal: Offense needs to get off to a faster start

    Bucs

    TAMPA — The past two games have seen the Bucs offense muster furious rallies in the fourth quarter of losses, with 229 yards against the Patriots and a franchise-record 27 points against the Cardinals.

    Tampa Bay Buccaneers head coach Dirk Koetter walks the field before an NFL game between the Tampa Bay Buccaneers and Arizona Cardinals at University of Phoenix Stadium in Glendale, Ariz., on Sunday, Oct. 15, 2017.
  4. NFL players, owners hold 'constructive' talks on issues

    Bucs

    NEW YORK — NFL players and owners met Tuesday to discuss social issues, a session Miami Dolphins owner Stephen Ross called "constructive" and Colts defensive back Darius Butler termed "positive."

    A coalition of advocacy groups 'take a knee' outside of a hotel where members the quarterly NFL league meetings are being held on Tuesday in New York City.  Owners, players and commissioner Roger Goodell are all expected to attend. The activists spoke of having solidarity with athletes and coaches around the country who have also kneeled in protest of racial injustice, especially in policing.
 [Getty Images]
  5. Lightning's Steve Yzerman: Nikita Kucherov 'wants to be great'

    Blogs

    If anyone knows what it is like to be as hot as Nikita Kucherov is right now, it's Lightning general manager Steve Yzerman.

    Nikita Kucherov joined Steve Yzerman, Mario Lemieux and Keith Tkachuk as the only players in the last 30 years to score a goal in each of his team's first six games.