Madison Bumgarner, San Francisco Giants Reach Five-Year Extension
By Editorial Staff
Yesterday the San Francisco Giants announced a five-year contract extension with starting pitcher Madison Bumgarner. The left-hander’s new deal, which begins next season, guarantees Bumgarner $35 million and includes a pair of options for 2018-19.
Bumgarner has the potential to earn $40 million guaranteed if he qualifies for super-two status after the season. For what it’s worth, this doesn’t currently appear to be something that will happen.
The first option year is for the 2018 season and is a combined club/vesting option. 2019’s option is strictly club.
Buster Olney of ESPN tweeted Bumgarner’s expected salary structure, assuming he does not qualify for super-two status, as the following; $750,000 in 2013, $3.75 million in ’14, $6.75 million in ’15, $9.75 million in ’16 and $11.5 million in ’17. Olney added that Bumgarner’s deal also includes a limited no-trade clause in which the 22-year-old can “name eight teams annually to which he cannot be dealt”.
Bumgarner, the 10th overall pick in the 2007 MLB Draft, has spent parts of the past three seasons with the Giants. After making his debut as a teenager in 2009, Bumgarner has made 51 starts for San Francisco over the past two seasons. The southpaw has a career ERA and WHIP of 3.12 and 1.243 with 7.8 SO/9 and 2.1 BB/9.
The Giants have now locked up a pair of young starters for long-term in Bumgarner and Matt Cain. Now attention will turn to two-time Cy Young Award winner Tim Lincecum, who’s currently set to become a free agent after the 2013 season.
Many take the signings of Cain and Bumgarner as an indication that the Giants will also lock up Lincecum. However, it’s not yet clear if The Freak is interested in a long-term deal or if he’d rather take it year-to-year to maximize his earning potential.
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