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.

[tweet align='center']

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.

SI Apps
We've Got Apps Too
Get expert analysis, unrivaled access, and the award-winning storytelling only SI can provide—from Peter King, Tom Verducci, Lee Jenkins, Andy Staples, Grant Wahl, and more—delivered straight to you, along with up-to-the-minute news and live scores.