San Francisco Giants, Logan Webb Agree to Five-Year Contract Extension Worth $90 Million
The San Francisco Giants and starting pitcher Logan Webb have agreed to a five-year contract extension worth $90 million, the team announced on Friday.
In a tweet, the Giants detailed the deal's structure and intricacies:
"The Giants and right-hander Logan Webb have agreed to terms on a five-year contract extension beginning in 2024 through the 2028 season worth $90 million. Webb will earn $8 million in 2024, $12 million in 2025, $23 million in 2026, $23 million in 2027 and $24 million in 2028.
Additionally, Webb will make the following donations to the Giants Community Fund: $40,000 in 2024, $60,000 in 2025, $115,000 in 2026, $115,000 in 2027 and $120,000 in 2028.
Selected by the Giants in the fourth round of the 2014 draft out of Rocklin (CA) High School, Webb made his Major League debut at age 22 and is in his fifth season at the big-league level. He’s posted a record of 31-22 with a 3.59 ERA and 426 strikeouts in 451.2 innings.
Webb has been one of baseball’s best pitchers since his breakout 2021 season. Over the last two seasons (2021-22), Webb posted a 2.96 ERA, 58.4% groundball rate, 23.2% strikeout rate, and a 6.1% walk rate over 340.2 innings."
Webb is off to a rocky start this season, going 0-3 for the Giants with a 4.76 ERA. He made his major league debut in 2019 after a tough early career. He underwent Tommy John surgery in 2016 and served an 80-game suspension for a performance-enhancing drug in 2019.
The Giants are out to a 5-7 start and are currently in fourth place in the National League West. They open up a weekend series with the Tigers tonight in Detroit.
First pitch is at 6:40 p.m. ET.
