Lincecum's incentive-laden contract

January 27, 2012, 4:01 am
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Giants ace Tim Lincecum will be wearing Orange and Black through the 2013 season after agreeing on a two-year, 40.5 million deal Tuesday, but he could earn quite a bit more depending on how he plays.

NEWS: Giants, Lincecum agree on two-year deal

The two-time NL Cy Young Award winner gets a 500,000 signing bonus and salaries of 18 million this year and 22 million in 2013.

His performance-based incentives are as follows:

Lincecum would earn an additional 500,000 for winning his third Cy Young, 250,000 for second place, 100,000 for third, 75,000 for fourth and 50,000 for fifth. If he wins the Cy Young in 2012, the bonus for winning again in 2013 would increase to 1 million.

Lincecum also would make 250,000 for being voted NL MVP, 150,000 for being the runner-up, 100,000 for third, 75,000 for fourth and 50,000 for fifth. He would receive a 100,000 bonus if picked to the All-Star game and 50,000 for a Gold Glove.

The Associated Press contributed to this report

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