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Tuesday, April 03, 2012

Giants Extend Matt Cain Through 2017 On $127.5M Deal, Richest Ever For A RHP

ESPN reports that the Giants have extended RHP starter Matt Cain through 2017 on a $127.5M deal, including a full no-trade clause. $112.5M of the money is guaranteed, including a $5M signing bonus, a $75.M buyout for the 2018 season, and a player vesting option for $21M for that year as well. It's the richest deal in history for a right-handed pitcher. (Hat tip: Babes Love Baseball on Twitter).

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