Giants And SP Matt Cain Agree On Six-Year $127.5 Million Deal

Monday April 2nd, 2012

The San Francisco Giants and starting pitcher Matt Cain have reached a deal worth $127.5 million over six years, according to the Giants' official Twitter account.

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Before the two parties reached an agreement, the Giants and Cain’s agents were struggling to come to an agreement as Cain maintained that his absolute floor was five years and $100 million.  Under the new deal, Cain is guaranteed $112.5 million of new money over five years, the largest contract ever for a right-handed pitcher, according to Ken Rosenthal of Fox Sports. In six Cactus League exhibition games this spring, Cain was 3-0 with a 1.42 ERA tossing 24 strikeouts and just three walks.  Coaches have remarked that he appears to be in the best shape of his career.  Last season, Cain was 12-8 with a 2.88 ERA and tossing 179 strikeouts.

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