Giants make it official with Lincecum

Updated: October 25, 2013

San Francisco, CA ( – The San Francisco Giants made it
official with hurler Tim Lincecum on Friday, announcing a two-year
contract through the 2015 season which aims to keep the two-time Cy Young
Award winner off the free-agent market.

Per club policy, no financial terms were released. According to
previous reports from both and the Chronicle, the pact is worth
$35 million — down from the two-year, $40.5 million deal Lincecum signed in
January 2012 after his fourth straight All-Star Game appearance.

Lincecum’s production has decreased the past two seasons. The right-hander —
who has won two World Series titles with the Giants — has posted a 20-29
record with a 4.76 earned run average and 383 strikeouts in 65 starts in
2012-13 after going 69-41 with a 2.98 ERA and 1,127 strikeouts from 2007-11.

The 29-year-old did throw his first career no-hitter this season, striking out
13 against the Padres on July 13. He finished the season 10-14 with a 4.37 ERA
and 193 strikeouts in 197 2/3 innings.

The Giants had already locked up outfielder Hunter Pence with a five-year deal
last month.