Giants' pitcher Tim Lincecum in action against the Los Angeles Dodgers in September. (Thearon W. Henderson/Getty Images)
Giants’ pitcher Tim Lincecum in action against the Los Angeles Dodgers in September. (Thearon W. Henderson/Getty Images)

Big news for San Francisco Giants’ fans. The team has re-signed Tim Lincecum, the once-dominant right-handed starter who’s struggled in recent seasons. The deal is reportedly worth $35 million for two years — down from Lincecum’s last contract, a two-year agreement that paid him $40.25 million.

Here’s the first Associated Press report on the deal:

SAN FRANCISCO — Tim Lincecum is staying put with the San Francisco Giants just as he hoped, reaching agreement Tuesday on a two-year contract through the 2015 season.

The deal is pending a physical, which had yet to be scheduled, according to assistant GM Bobby Evans.

General manager Brian Sabean said when the season ended among his top priorities was to bring back the two-time NL Cy Young Award winner, who also indicated he cherishes familiarity and wanted stay with the only club he has known. He pitched the Game 5 clincher in the 2010 World Series at Texas, then shifted to the bullpen and became a reliable reliever during the Giants’ 2012 run to their second title in three years.

Sabean wanted to lock up Lincecum’s deal before he hit free agency.

Lincecum won the Cy Young Award in 2008, when he had a record of 18 wins and 5 losses, and in 2009, when he went 15-7. His last winning season was 2010, and he’s 33-43 over the last three seasons.

From Twitter on the deal:


Dan Brekke

Dan Brekke is a blogger, reporter and editor for KQED News, responsible for online breaking news coverage of topics ranging from California water issues to the Bay Area's transportation challenges. In a newsroom career that began in Chicago in 1972, Dan has worked as a city and foreign/national editor for The San Francisco Examiner, editor at Wired News, deputy editor at Wired magazine, managing editor at TechTV as well as for several Web startups.

Since joining KQED in 2007, Dan has reported, edited and produced both radio and online features and breaking news pieces. He has shared in two Society of Professional Journalists Norcal Excellence in Journalism awards — for his 2012 reporting on a KQED Science series on water and power in California, and in 2014, for KQED's comprehensive reporting on the south Napa earthquake.

In addition to his 44 years of on-the-job education, Dan is a lifelong student of history and is still pursuing an undergraduate degree.

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