Lincecum: 'It's been a really special time here for me'
The Giants have presented a two-year structure to Tim Lincecum but talks haven’t progressed. (USATSI)
SAN FRANCISCO -- The Giants have made overtures to right-hander Tim Lincecum about a new contract, but sources indicate that the two-time Cy Young Award winner expects to solicit offers on the open market.
Lincecum can become a free agent five days after the conclusion of the World Series.
The Giants have presented a two-year structure to Lincecum but talks haven’t progressed; assuming nothing gets done before the end of the World Series, the Giants plans to make him a qualifying offer (one year, almost $14 million) that would set them up to receive draft-pick compensation if he signs elsewhere.
But the Seattle native might be curious to see what level of interest his hometown Mariners will have in him – especially since they own a protected first-round draft pick and wouldn’t lose it. The Mariners had a scout following Lincecum and the Giants over the club’s last homestand.
The Giants shifted gears to Lincecum after they re-signed outfielder Hunter Pence to a five-year, $90 million extension to prevent him from going to free agency. The Giants also want to re-sign left-hander Javier Lopez, preferably before he hits the open market.
Declining Ryan Vogelsong’s $6.5 million option, perhaps renegotiating a new contract with a lower guaranteed salary, could free up funds to re-sign Lopez.
That’s just one of many decisions the Giants will have to make once a new team assumes their title as World Series champions.