Source – Blake Snell agrees to 2-year, $62 million deal with Giants

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Blake Snell’s long-awaited free agency has finally come to an end.

The reigning National League Cy Young Award winner agreed to a two-year, $62 million deal with the San Francisco Giants on Monday, 10 days before his new team opens its regular season against his former San Diego Padres, a The source confirmed this. ESPN’s Jeff Passan. The deal includes an opt-out after the first season.

Snell’s deal – like Scott Boras’ fellow prospects Cody Bellinger and Matt Chapman, both signed after spring training began – gives him a higher average annual value in exchange for a shorter length of his contract, but allows him to re-sign. Also gives. Enter free agency with hopes of experiencing a stronger market next season.

Snell completes a busy offseason for the Giants, who have made the playoffs only once in the last seven years, and attempts to bring more star power to a team led by three-time Manager of the Year Bob Melvin .

The Giants added a new center fielder and leadoff hitter in Korea’s Jung Hoo Lee, who signed a six-year, $113 million deal in December, and a new middle-of-the-order bat in Jorge Soler. Gave, those who were given three each. year, a $42 million deal in February. They also traded for former Cy Young Award winner Robbie Ray, who would not return until the second half due to recovery from Tommy John surgery, and signed Jordan Hicks, who would transition to a full-time starting pitcher.

But their biggest move came late, when they gave Chapman a three-year, $54 million deal on March 1 that included two opt-outs, and then, 18 days later, agreed to bring in Snell.

Snell, 31, spent the past three years with the Padres and will now return to a division that saw the Los Angeles Dodgers spend more than $1.2 billion in an offseason headlined by Shohei Ohtani, Yoshinobu Yamamoto and Tyler Glasnow.

Snell threw a four-inning simulated game Friday from his hometown of Seattle. The Houston Astros, Los Angeles Angels, and New York Yankees were among the teams most frequently linked to Snell, but the Giants’ short-term offer ultimately won out.

Snell, 31, is one of seven pitchers to have won Cy Young Awards in both the American League and National League, taking home the trophy in 2023 after going 14-9 with an MLB-best 2.25 ERA for San Diego . He got 28 out of 30 votes for first place.

In 2018, Snell received 17 out of 30 first-place votes after posting a 1.89 ERA in 31 starts for the Tampa Bay Rays to defeat Justin Verlander.

Snell has long been renowned for having the worst stuff of any left-hander in the game, possessing a dangerous fastball-breaking ball combination. When the Rays made him available for trade after the 2020 World Series, San Diego took advantage of the opportunity and swapped four players for the lefty. He allowed the fewest hits per nine innings (5.8) of any pitcher qualifying for the ERA title last season, giving up only 115 hits in his 180 innings.

However, some teams were concerned about making a big bid on him in free agency due to his past command issues and inconsistency. A year after winning his first Cy Young Award, Snell’s ERA increased to 4.29. Last season, Snell led the major leagues in walks with 99.

Snell’s agreement with the Giants was first reported by the New York Post.

ESPN’s Buster Olney contributed to this report.

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