When Matt Cain pondered his future, staying put in San Francisco where his career took off was the top option.
Now, Cain has that hefty new contract he hoped for before opening day.
Cain and the Giants agreed Monday to a $127.5 million, six-year contract, the largest deal for a right-handed pitcher in baseball history.
“This is a decision that was made pretty simple for us. It was a process and it was a negotiation. It was good for my family and I to go through all of that,” Cain said, his wife Chelsea in the back of the room for his news conference. “To be able to know this is probably going to be our lifetime as a Giant, that’s pretty cool for us.”
The agreement adds $112.5 million over five years to the $15 million salary for 2012 that remained on the All-Star’s previous deal. Cain gets a $5 million signing bonus as part of the new contract and $20 million annually in 2013-17. The deal includes a $21 million option for 2018 with a $7.5 million buyout that, if exercised, would raise the total to $141 million over seven seasons.
Among pitchers, only the Yankees’ CC Sabathia and the Mets’ Johan Santana, both left-handers, agreed to larger contracts. Sabathia got a $161 million deal for 2009-15 that had an additional year and $30 million in guaranteed money added last fall. Santana agreed to a $137.5 million contract for 2008-13.
The previous record contract for a right-handed pitcher was Kevin Brown’s $105 million, seven-year deal with the Dodgers after the 1998 season.
Cain, 27, went 12-11 last season with a 2.88 ERA, reaching 200 innings for the fifth straight season.
Atlanta: Right-hander Tim Hudson allowed an infield hit in two innings over two innings against the New York Mets in his first outing since offseason back surgery. He will start the season in the minors but said he feels close to being ready, and didn’t feel any pain after throwing 25 pitches, 16 for strikes against the Mets. … Reliever Cristhian Martinez was arrested early Monday and charged with DUI, impeding the flow of traffic and improper lane change after police say he was stopped on Interstate 85 in Gwinnett County. A test showed his blood-alcohol level registered at 0.13, according to a police report. The legal limit to drive in Georgia is 0.08. … Right-hander Peter Moylan will remain in Florida to rehab his injured right shoulder.
a.m. and released on bond of about $1,600 a few hours later.
Baltimore: Right-hander Jake Arrieta will formally mark his return from elbow surgery by starting on opening day Friday against Minnesota. Manager Buck Showalter said Jason Hammel would start the third game of the season.
Boston: Josh Beckett went to Texas to have his injured thumb examined, but manager Bobby Valentine said he expects the right-hander to make his scheduled start at Detroit this weekend in Boston’s second game of the season. … Aaron Cook, signed to a minor league contract during the offseason, is slated to go to Class AAA Pawtucket despite finishing the spring with a 1.88 ERA.
Chicago White Sox: Manager Robin Ventura named rookie Nate Jones to the final spot in the bullpen.
Cincinnati: The Reds are discussing a new contract Joey Votto, 28, that would extend beyond the 2013 season. The first baseman has base salaries of $9.5 million this year and $17 million in 2013. … Manager Dusty Baker said Sean Marshall will open the year as the closer in place of injured Ryan Madson. Aroldis Chapman has been moved back to a set-up role.
1/3 innings this spring, surrendered six runs – five earned – over three innings during a 13-7 win against the Chicago White Sox. He gave up five hits, struck out two and walked three.
Minnesota: Pitcher Jason Marquis likely will open the season on the disabled list. He has been away from the team for two weeks to be with his 7-year-old daughter, who was injured in a bicycle accident.
New York Mets: Outfielder Andres Torres likely will be ready for opening day after straining his calf last week. … Closer Frank Francisco was to have an MRI on his left knee a day after fluid was drained.
Tampa Bay: Outfielder Sam Fuld will have surgery today to stabilize a ligament in his right wrist. He is expected to miss four to five months. …
Texas: Outfielder Josh Hamilton is suffering from migraine headaches and is day-to-day. Manager Ron Washington said outfielder Craig Gentry and infielders Alberto Gonzales and Brandon Snyder had made the big league team.
Washington: Infielder Steve Lombardozzi and outfielders Chad Tracy, Carroll and Xavier Nady have won spots on the opening-day roster.