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Two-time Cy Young Award winner Blake Snell has agreed to a two-year, $62 million contract with the San Francisco Giants, with an opt-out after the 2024 season. This development follows the New York Yankees' withdrawal of a $150 million offer last month, which they did not re-engage. Snell, who has spent the last three seasons with the San Diego Padres, enhances a Giants team that has seen significant offseason acquisitions, including Bob Melvin, Robbie Ray, Jung Hoo Lee, Jordan Hicks, Jorge Soler, and Matt Chapman. With ace Logan Webb, the 2023 Cy Young runner-up, the Giants' pitching staff is considerably strengthened. Snell's deal includes a $17 million signing bonus, payable in January 2026. If he does not opt out, his 2025 earnings will be $30 million, with half deferred without interest. The Giants' 2024 projected starting rotation gains a formidable arm, although Snell won't be ready for the start of the 2024 MLB season.
When will Blake Snell throw his first pitches as a Giant? https://t.co/wlgwKOWRNS
Blake Snell and Patrick Bailey broke down the new Giants co-ace's dominant four-pitch mix 🔥 (via @PavlovicNBCS) https://t.co/KkdQN229Dt
Blake Snell signing with Giants may have been for best as Yankees talk with Jordan Montgomery https://t.co/feO6b8qpOS https://t.co/gfkCZzIfjt
When will Blake Snell throw his first pitches as a Giant? https://t.co/nvYVLUJKIA
From @ShaynaRubin How will Giants’ Blake Snell be affected by his unorthodox spring? https://t.co/vznMn1w2s6 via @sfchronicle
"It was a long time. It was something I know Scott got annoyed of hearing from me." 😂 Blake Snell on his free agency process and returning to the mound ⬇️ 🎥: @NBCSGiants https://t.co/GU52H8NGhB
NBCS Bay Area reports that Blake Snell “had other opportunities for more guaranteed money.” And the Giants “at times they feared that [Snell’s comfort in the West Coast] might lead him to sign a long-term deal with the Los Angeles #Angels.” https://t.co/zckZgxTved https://t.co/BjLkyDpPYO
Giants’ spending spree ends with Blake Snell, a Boras trio and busted narratives https://t.co/1loUbdRxan via @sfchronicle
After months of patience, Blake Snell and the Giants eventually became the right fit. And not a moment too soon (via @PavlovicNBCS) https://t.co/mDYTQV6qHq
The San Francisco Giants’ additions of Jung Hoo Lee, Matt Chapman and Blake Snell signal they’re in win-now mode and upend some popular story lines about the team and city. https://t.co/UZKOwI1517
Blake Snell, signed by the San Francisco Giants this week, created his own spring training. Fellow pitcher Alex Cobb knows the challenges created by rushed preparations. https://t.co/FhX6dleOW9
Blake Snell joined the San Francisco Giants just nine days before their opener and the two-time Cy Young Award winner hopes he will be ready to start during the first series at his old team, the San Diego Padres. https://t.co/arE7CAr5sv
How Farhan Zaidi, Bob Melvin eventually lured Blake Snell to San Francisco https://t.co/WBCh3pgI2p
Blake Snell contract, per source: $17M signing bonus, payable 1/15/2026 $15M in 2024 If Snell does not opt out… $30M in 2025, with $15M deferred without interest Deal is two years, $62M. Factoring in deferrals, union values present day value at $59,396,694
Blake Snell won't be ready for the start of the 2024 MLB season but he doesn't expect to be sidelined too long after signing with the Giants on Monday. Read more on the FOX Sports App ⬇️ https://t.co/sP5jEezq4T
Blake Snell discussed his offseason preparation and shared with @PavlovicNBCS an update on his Opening Day availability https://t.co/SrofRL3fHP
On our latest episode: Banter about Snell, Boras, the MLBPA, and more, plus @grantmcauley on the Braves and @JRFegan on the White Sox. https://t.co/ksyEthC0qt
Blake Snell not quite ready for Opening Day https://t.co/z1RUHf8K4y
Podcast : https://t.co/oXOSejDfNR @karlravechespn checks in from Korea after the season-opener: About Ohtani, pressure on Roberts, and why we might have seen the first step toward an MLB salary cap; @PaulHembo talks Snell deal; Jays preview, with @DShulman_ESPN; Pirates preview,…
Blake Snell on what made the Giants a desirable destination for him 🔽 https://t.co/gnrhOErQqc
Blake Snell's introductory press conference at Scottsdale Stadium begins NOW 🤩 Stream it here: https://t.co/blblYya1yv https://t.co/F5dvy9rFZh
Mike Yastrzemski and the Giants couldn't be happier after singing Blake Snell. 💪 https://t.co/VLwlRci4Qp https://t.co/NMLNqFmtz4
Giants at Angels, Lee back from hamstring tightness and this is alllll regulars: Jung Hoo Lee - CF Wilmer Flores - 1B Matt Chapman - 3B Jorge Soler - DH Michael Conforto - LF Thairo Estrada - 2B Patrick Bailey - C Mike Yastrzemski - RF Nick Ahmed – SS Jordan Hicks - RHP
MLBTR Podcast: Mutiny In The MLBPA, Blake Snell Signs With The Giants And The Dylan Cease Trade https://t.co/SRytERoZKI https://t.co/iYXjNPETWG
Giants excited by Snell signing: 'That's a great addition' https://t.co/tKrXwyrdfL
I’ve spent years covering the AL East up close. It’s still the best division in MLB too to bottom. But Blake Snell to the Giants makes the NL West MLB's most intriguing division. Dodgers are the kings, but 3 others could take away the crown. My column: https://t.co/It3KVEI47R
2-time Cy Young Award winner Blake Snell and Giants finalize $62M, 2-year contract https://t.co/gnM8Jcx8g2 https://t.co/ldp766pU7R
Blake Snell joined his new @SFGiants teammates in the dugout during tonight’s game 👀 (via @NBCSGiants) https://t.co/nCLJrl5VWo
Blake Snell is with the Giants tonight! https://t.co/LTOemg5OpZ
We've got a Blake Snell sighting in the Giants dugout 👀 (via @NBCSGiants) https://t.co/XYlB5f1z29
Blake Snell is really a Giant https://t.co/LiDwtCglBp
Blake Snell is with his new squad tonight https://t.co/pgzXqhWihX
Kyle Harrison reacts to the Giants' newest addition Blake Snell 👀 https://t.co/VfSVjUXy3G
The Blake Snell era is underway 👀 https://t.co/OThrGVKxow
Blake Snell's two-year, $62 million contract with the Giants is official after he passed a physical today in Scottsdale (via @PavlovicNBCS) https://t.co/Dj1SxktQR9
Signing Cy Young winner Blake Snell is a 'shot of adrenaline' for San Francisco Giants https://t.co/MiyNK8YOLd
SF Giants officially announce two-year, $62 million deal with Blake Snell https://t.co/D5GUaQ3aiL
Abundant optimism in Giants' spring camp as Blake Snell comes aboard; "That’s how the Giants won before, right?” https://t.co/0aGY0tcW9g via @sfchronicle
Giants officially announce Blake Snell's $62M deal https://t.co/Xx0OAjuOvd
The reigning NL Cy Young Award winner is officially a Giant! https://t.co/XdpjQR9zld
#SFGiants officially announce the Snell deal https://t.co/NkO30OlCrU https://t.co/8Dzp1XebGI
The #SFGiants and reigning NL Cy Young Award winner LHP Blake Snell agreed to terms on a two-year Major League contract: https://t.co/5NK17b9LEp
Blake Snell has passed his physical and will be introduced tomorrow in Scottsdale. He'll earn $15 million this year with a $17 million signing bonus paid next January. If he doesn't opt out, he'll get $30 million next year, with half of that deferred to 2027.
The MLB market crashed for Scott Boras client Blake Snell, just as it did for Matt Chapman, and for Cody Bellinger before him. Snell’s 2-year, $62M deal with Giants marked another modest payday for a megadeal-seeking star in slow-moving offseason. https://t.co/JNdFwybhON
SF Giants’ offseason comes into focus with late signings of Snell, Chapman: ‘Everybody’s just got a shot of adrenaline’ https://t.co/exqL5TC5pj
Nary a discouraging word could be heard from the Giants the day after players and coaches learned that two-time Cy Young Award winner Blake Snell was headed to San Francisco. https://t.co/stjtwmKdzH
2024 MLB odds, predictions: San Francisco Giants boost playoff odds with Blake Snell signing https://t.co/DdjhQ6wOkq https://t.co/X3JmFRvK6F
.@martinonyc says the #Yankees did not make a late push to sign Blake Snell "in any serious way" before he agreed to a deal with the Giants https://t.co/nNBllFFCpE
From @ShaynaRubin: How Blake Snell’s addition could impact Giants’ rotation and playoff odds https://t.co/pcuIew5pWI via @sfchronicle
Kyle Harrison revealed the advice new teammate Blake Snell gave him when he was in high school 🙌 https://t.co/2zQ98FBm3J
Left-hander Blake Snell seismically shifts the San Francisco Giants’ pitching staff and competitive edge within one of the most talent-rich divisions in MLB. https://t.co/rbmszB7Jfm
The Yankees and Blake Snell reportedly never came close to a contract agreement due to luxury-tax issues 😬 https://t.co/sV7tL15S0H
Left-hander Blake Snell seismically shifts the Giants’ pitching staff and competitive edge within one of the most talent-rich divisions in Major League Baseball. https://t.co/Nusf6VsuUV
To explain what happened with Snell…the Yankees offered $400,000 on a house the homeowner wanted $500K for and by the time the house sold for less than their offer the Yankees bought a car and a latte, so they no longer felt comfortable at $400K.
Here’s how MLB experts grade the Blake Snell-to-the-Giants free-agency deal that pays the left-handed ace $62 million over two years. https://t.co/SCczFrYnOa
It sure seems like the SF Giants got Blake Snell because his agent messed up https://t.co/uAcO0yhSDO
Ok, so the general consensus here is that the Yankees went to 6-years, $150M — costing $25 million per season. Snell ended up signing a deal that cost $15M in 2024 with an opt out and a signing bonus for almost that same amount. The Yankees agreeing to this same deal would… https://t.co/4hVYDc5N7h
I have a genuine question I don’t know the answer to. When the Yankees offered $150 million to Blake Snell, how many years was that for and what was the AAV on that? I have a point brewing in the ole’ cabeza
Here's how MLB experts graded the reported two-year, $62 million Blake Snell-to-the-Giants move 👀⬇️ https://t.co/ZPnqcDpchV
Analysis by Chelsea Janes: Two-time Cy Young Award winner Blake Snell agreed to a two-year deal with the Giants, ending an offseason of speculation. https://t.co/NTVxSgaVpm
Cy of Relief: Giants Do Well to Sign Snell by @euqubud https://t.co/N7MGWUIlIA
Blake Snell didn't get the long-term deal he desired but could be a perfect pairing for the all-in Giants. Will the Yankees and Astros regret passing on the two-time Cy Young winner? Read more from @DeeshaThosar ✍️ https://t.co/I0LYQJooJ4
Because Snell's signing bonus is deferred, the PV of the contract is lowered slightly. My math says: •It's a 2y/$60,588,286 contract ($30,294,143 AAV). •If he opts out, his AAV will have been $30,588,286, meaning SF would add $294,143 to their 2025 CBT to make up the diff.
Plus from @ShaynaRubin Giants’ Kyle Harrison thrilled to join forces with childhood idol Blake Snell (Snell is going to be like “childhood” idol whatttt) https://t.co/zhQDUmkZub via @sfchronicle
From last night, Giants and reigning NL Cy Young winner Blake Snell agree to 2-year deal; the rotation is 🤯 and more info on the contract, when the physical and press conference will be etc https://t.co/gCwpSE9EZI via @sfchronicle
"Blake Snell must feel like - what more can I possibly do? I turned in a Cy Young season to get what is essentially a 1-year deal" @HannahRKeyser joins us from @Orioles camp to discuss @snellzilla4 joining the @SFGiants ▶️ https://t.co/n34phlH3JK https://t.co/7UGzI5P1to
It was closer than a lot of us thought it’d be, but Blake Snell has found a job before the Second Coming. @MichaelBaumann analyzes the reigning Cy Young winner’s deal with the Giants: https://t.co/NjwIC5UW6t
https://t.co/Vl8B3yDTPG. Yankees were in contact late for Blake Snell but couldn’t quite get past that 110 percent tax
ICYMI, Blake Snell's deal has been added to the FA Matrix, finally bringing FA commitments this offseason over $3B: https://t.co/qoS3snmyYi
Few teams have gone out and added to the extent the San Francisco Giants have. Will this improved club have what it takes to win the NL West? Our @ETreuden tells us how they were able to nail the offseason: https://t.co/InFVNZcdPU
Catching up on credit: @BNightengale 1st named the Giants as the favorite for Blake Snell
Report: Blake Snell signs two-year deal with Giants, has opt out after 2024 season https://t.co/naW05S8snB
Blake Snell Reportedly Agrees to Terms With San Francisco Giants https://t.co/agncOW2nSW https://t.co/qr9ettglP0
MLB Fans React to Blake Snell Signing with San Francisco https://t.co/gYIQiXcsIT https://t.co/FUKvSJZWsi
The first thing Kye Harrison thought about Monday when hearing that Blake Snell was signing with San Francisco was his own full circle moment, when the two met at a game in 2018. https://t.co/lBSQyLULeH
With a little over a week before Opening Day, Blake Snell agrees to terms https://t.co/NkO30Omahs https://t.co/QytR0PTjtI
https://t.co/Vl8B3yDTPG. Blake Snell agrees to Giants deal after late, last-ditch Yankees talk doesn’t work out @nypostsports
Blake Snell, a two-time Cy Young winner, agrees to a two-year deal with the Giants https://t.co/ulX0lHzNZN
The addition of Blake Snell gives the Giants a much-needed arm and caps a huge offseason for the team (via @PavlovicNBCS) https://t.co/zCqTObLU1W
Snell was a 3.5-win pitcher the year before his Cy Young (4.1 fWAR), too. Here are the Giants' 3+ WAR starters since 2018 (min 100 IP): Carlos Rodon, 6.2 (22) Logan Webb, 4.9 (23), 4.2 (22), 4.1 (21) Gausman, 4.8 (21) Alex Cobb, 3.7 (22) Disco, 3.0 (21) Bumgarner, 3.3 (19)
[engage Lynyrd Skynyrd Mode] 🎶 Oooh Blake Snell. Giants signed Blake Snell. Oooh Blake Snell … 🎶 https://t.co/fIR99sGaOr
What a weird day as a @SFGiants fan. On one hand the Signing of reigning cy young award winner Blake Snell caps off an A++ offseason for the Giants. I’m stoked to watch this team. I think we might have the best pitching staff in all of @MLB, much better defense, and more…
⚾️warning: not a hockey tweet⚾️ Reigning NL Cy Young winner ~and Scott Boras client~ Blake Snell has reportedly agreed to a 2-year, $62 million deal with the San Francisco Giants. Read more at @HeavyOnSports ⬇️ https://t.co/bckiNPW27A
Giants and reigning NL Cy Young winner Blake Snell agree to 2-year deal, with details on contract and more https://t.co/gCwpSE9EZI via @sfchronicle
#SFGiants add last year's NL Cy Young winner in another massive strike late in the offseason https://t.co/NkO30OlCrU https://t.co/FbdYIvh5Bv
MLB world reacts to huge Blake Snell news https://t.co/TStvPQkjqh https://t.co/fUqUoXJROl
Kurtenbach: Blake Snell is coming to San Francisco and suddenly the Giants make a whole lot more sense https://t.co/GohZOaPJZf
The Giants' Blake Snell contract agreement had the fan base buzzing on social media https://t.co/nOzBFYqJJ2
Blake Snell, San Francisco Giants agree to 2-year, $62 million deal: Source https://t.co/y95pIpEd3m
With Blake Snell and Robbie Ray, the Giants are the sixth team to acquire two Cy Young winners in one offseason, per @SlangsOnSports The last team was the 2017 Braves with Bartolo Colon and R.A. Dickey https://t.co/1S7zJauzuL
SF Giants reportedly land reigning Cy Young winner Blake Snell https://t.co/PSn6YJYCCP
Blake Snell is San Francisco bound (via mlb.fits / IG) https://t.co/CED2RrFBEZ
Blake Snell, who pitched for the Padres the last three seasons, bolsters the top of the Giants rotation that features ace Logan Webb, who finished second to the left-hander in Cy Young voting in 2023. https://t.co/b0pKekkcpe
Scott Boras' Disaster Offseason Continues As 2023 NL Cy Young Winner Blake Snell Settles For Just A Two Year, $62M Deal With The Giants @BarstoolHubbs https://t.co/NBwPebhhqi https://t.co/oWrF1PVAaV
The Giants 2024 projected starting rotation with the addition of Blake Snell 👀 https://t.co/XgtvTywkit
Scott Boras' Disaster Offseason Continues As 2023 NL Cy Young Winner Blake Snell Settles For Just A Two Year, $62M Deal With The Giants https://t.co/C5FPxbgkBg https://t.co/9RyOYxfqDw
Blake Snell to the San Francisco giants REACTION https://t.co/kVVMD0PmK2 https://t.co/lMz4P5OJ6b
The Yankees reportedly offered Blake Snell $150M last month, but pulled their offer and never re-engaged on Sunday, per @BNightengale. https://t.co/0eCLM5nUvc
Reigning NL Cy Young winner Blake Snell and the San Francisco Giants have agreed to a two-year contract worth $62 million, CBS Sports' Jim Bowden has confirmed. https://t.co/56RQTwBeDC
Contracts signed by Scott Boras clients this winter: Cody Bellinger: 3 years, $80M with opt-outs Blake Snell: 2 years, $62M with an opt-out Matt Chapman: 3 years, $54M with opt-outs https://t.co/IpDLjoE4uL
"There's no way you would have thought it would have gone this long" @aj_pierzynskiFT weighs in on Blake Snell to the @SFGiants #BreakingNews https://t.co/GU8yqwd91M
Blake Snell has agreed to a 2-year, $62 million deal with the @SFGiants, a source told ESPN. It includes an opt-out after the first season. https://t.co/kCkIM9CEiF
Giants and reigning NL Cy Young winner Blake Snell agree to 2-year deal https://t.co/rW6qtlnwWV
2023 NL Cy Young voting results, 1-2 Blake Snell and Logan Webb are set to be teammates with the Giants. https://t.co/tL8YwMgMmg
The Giants' offseason ... Bob Melvin Robbie Ray Jung Hoo Lee Jordan Hicks Jorge Soler Matt Chapman Blake Snell Of their free-agent signings, only Lee is in the books beyond four years. They did quite well. They, uh, needed to.
Report: Cy Young Winner Blake Snell Agrees to Two-Year Deal with Giants https://t.co/5KetSYVxLZ
Two-time Cy Young Award winner Blake Snell and the San Francisco Giants have agreed to a $62 million, two-year contract. https://t.co/lj8lzXZn8S
The Yankees reportedly offered Blake Snell $150 million last month but eventually pulled their offer, per @BNightengale. Thoughts on this? https://t.co/oleYRsutw0
The Yankees declined to re-enter the Blake Snell sweepstakes yesterday after pulling the $150M offer they made last month, per @BNightengale https://t.co/hma81fyctd
The Giants will reportedly have the 2023 NL Cy Young Award winner and runner-up at the front of their rotation 👀 https://t.co/D2gp3cr9wV
"The Giants have staged a coup of sorts this offseason" @Ken_Rosenthal weighs in on the addition of Blake Snell to the @SFGiants rotation We're LIVE now ▶️ https://t.co/wh8CIvVJri https://t.co/1HKi9q93PD
The Yankees offered $150 million last month to Blake Snell but pulled their offer and declined to re-enter the sweepstakes on Sunday