Skip navigation
Favorites
Sign up to follow your favorites on all your devices.
Sign up
Odds by

Report: Giants offered Tim Lincecum a two-year, $40 million contract

San Francisco Giants v Los Angeles Dodgers

LOS ANGELES, CA - SEPTEMBER 20: Tim Lincecum #55 of the San Francisco Giants throws a pitch against the Los Angeles Dodgers on September 20, 2011 at Dodger Stadium in Los Angeles, California. (Photo by Stephen Dunn/Getty Images)

Getty Images

We heard this morning that the Giants and Tim Lincecum were making “significant progress” in contract negotiations. Now we have some specifics.

According to Tim Brown of Yahoo! Sports, the Giants offered Lincecum a two-year, $40 million contract while the ace right-hander’s reps countered at two years and $44 million. With such a small gap separating the two sides, the expectation is that they’ll be able to get a deal done without an arbitration hearing next month. A two-year deal would cover Lincecum’s remaining arbitration seasons and allow him to test free agency after 2013.

Lincecum, 27, earned $13 million last season in the second year of a two-year, $23 million deal. He requested $21.5 million and was offered by the Giants $17 million when arbitration figures were exchanged Tuesday. Both were record filings for a player with less than six years of service time.