San Francisco Giants Sign LHP Blake Snell to 2-Year, $62 Million Deal

Blake Snell with the Tampa Bay Rays in 2018
Blake Snell with the Tampa Bay Rays in 2018. Photo by Albert Pena/CSM/Shutterstock (9886519n)

Left-hand pitcher Blake Snell’s wait for a contract is over. The reigning NL Cy Young winner has reportedly agreed to a two-year, $62 million deal with the San Francisco Giants.

As part of the agreement, Snell received an opt-out after the 2024 MLB season, giving him an opportunity to hit the free agency market again in case of another big year.

Snell was the most-prominent free agent left on the market. He opted to wait out for a lucrative long-term contract offer but never received one. Reportedly, teams were concerned about his injury history and the fact that he only made 30+ starts twice over the course of his career.

Since making his MLB debut in 2016, Snell has a 71-55 record with a career 3.20 ERA and 1,223 strikeouts. In 2023, playing with the San Diego Padres, Snell had a league-leading 2.25 ERA and 234 strikeouts and became just the seventh player in league history to win CY Young awards in both the American League and National League.

By adding Blake Snell, the Giants have constructed one of the best rotations in NL. It also includes right-hander Logan Webb, who finished second behind Snell in CY Young voting last season, 2021 AL Cy Young winner Robbie Ray, top-rated prospect Kyle Harrison, and closer-turned-starter Jordan Hicks.

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