The San Francisco Giants have made a significant move by signing reigning NL Cy Young Award winner Blake Snell to a 2-year, $62 million deal, with an opt-out clause after the 2024 season. This deal, negotiated by agent Scott Boras, reflects a strategic shift for Snell, who initially sought a contract exceeding $200 million. The Giants, having already bolstered their roster with notable acquisitions such as Matt Chapman, Jorge Soler, and Robbie Ray, see Snell's addition as a key component in their ambitious offseason overhaul. Snell's performance, including striking out at least 170 batters in each of the last three seasons and 234 last year, positions the Giants with a formidable rotation, featuring the top two finishers in last year's NL Cy Young race. This move has elevated the Giants' projected tax payroll for 2024 to $240 million, surpassing the $237 million threshold, with a $31M AAV for Snell. The Giants' aggressive offseason strategy, including forfeiting their 2nd and 3rd round draft picks due to qualifying offers attached to Snell and Chapman, underscores their commitment to competing at the highest level.
Offseason In Review: San Diego Padres https://t.co/9oDs5hcNcf https://t.co/nXFZqjH2e0
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.
"Boras is going to spin this as a win" @HannahRKeyser weighs in on the contributing factors that led to a less-than-expected offseason haul for super-agent Scott Boras's free agent clients. ▶️ https://t.co/yzLcsGAaaS https://t.co/2QTbBcDu5E
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
"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
If you can't beat em, sign em 2023 Jorge Soler: .500 AVG, 2 HR, 1.415 OPS VS Giants 2023: Jordan Hicks: 0.00 ERA, 53% K% VS Giants 2023 Blake Snell: 0.00 ERA, 38% K% VS Giants https://t.co/itd1SYXxzB
🚨NEW EPISODE🚨 Giants add the reigning NL Cy Young winner. The season begins TOMORROW MORNING! Dylan Cease traded to Padres and there was a CLEAR winner. 5 breakout pitchers for 2024. @FlippinBatsPod @MLBONFOX Listen here: https://t.co/H7lk9e0uEG https://t.co/Az3WgNhIys
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
It won't just cost the #SFGiants $50M cash this season to field SP Blake Snell & 3B Matt Chapman. Since both players had qualifying offers attached to them, SFG will forfeit their 2nd & 3rd Rd draft picks this July, plus $1M from their International Bonus Pool next year.
Updated NL Division Preview to include Blake Snell signing. https://t.co/SzFwApOV3F
For Blake Snell and others, Scott Boras’ approach costs them short-term. Column: https://t.co/1ky3ZSlo3F
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
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
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…
They don't have the same arsenal, but I see a nexus between Kyle Harrison and Blake Snell. Not nearly as close a comp as Logan Webb & Alex Cobb or even Thairo Estrada and Wilmer Flores; but I like these rookie-veteran pairings the Giants keep doing.
#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
Sure it could be a great move for the Giants, but first they may only have Snell for a year. Second, his April ERA was 5.50 last year and first hf career ERA is 3.82 and he is already starting this year late. AAV makes this abt 1M per start, so needs to be good right away.
The Giants' Blake Snell contract agreement had the fan base buzzing on social media https://t.co/nOzBFYqJJ2
The Giants have committed almost $400 million in guaranteed money this winter. Now the pressure's on them to make it all come together. https://t.co/IHZDplI5Nn
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
A defending Cy Young winner and runner-up isn't a bad start to a rotation 🫣 https://t.co/CyvDwS2e1W
Blake Snell is San Francisco bound (via mlb.fits / IG) https://t.co/CED2RrFBEZ
The Giants 2024 projected starting rotation with the addition of Blake Snell 👀 https://t.co/XgtvTywkit
The Giants make a splash in free agency just days before the 2024 season is set to begin. https://t.co/Q6LSxKmCSe
Blake Snell, The Athletic's No. 5 free agent, is off the board. @TimBritton breaks it down. Still six left from the Top 40, led by No. 6 Jordan Montgomery. https://t.co/myR5ADTmfl https://t.co/k2SkjYxPfn
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
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
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.
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 have had quite the offseason 🔥 https://t.co/PW11mw9ilk
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 Yankees offered $150 million last month to Blake Snell but pulled their offer and declined to re-enter the sweepstakes on Sunday
The saga is finally over! How much of an impact will Blake Snell have in San Francisco? https://t.co/3a6H47oE40
In 2034, do you think many Giants fans will remember Blake Snell and Matt Chapman's single season on the teams?
Blake Snell has agreed to a two-year, $62 million deal with the San Francisco Giants, according to multiple reports. Snell, 31, has been one of the best left-handed starters in baseball over the past eight seasons. More details ⤵️ https://t.co/BP4JbJSqjw https://t.co/AgoaEpK6Pb
BREAKING - Blake Snell signs with the Giants | Foul Territory https://t.co/ouGa05j1t3
This could be the Giants rotation at full strength, with Jordan Hicks as another option too https://t.co/auxwFNhjKe
The San Francisco Giants have landed a co-ace to headline their rotation with Logan Webb, signing Blake Snell to a two-year deal. Our @FinkelsteinRyan breaks down the deal: https://t.co/Xh650n7gSt
Blake Snell lands with Giants on 2-year deal after long free agency: reports https://t.co/c1pFwbK5lA
The Giants cap their offseason signing reigning Cy Young Winner Blake Snell Compact @ChrisKlemmer still asks the Question…. Are the Giants a playoff team? https://t.co/SsIJMRzij6
2x Cy Young Award winner Blake Snell is reportedly heading to the Giants on a 2-year deal with an opt out after 2024. https://t.co/OYvxrAqqVX
The Astros and Yankees declined to go over $30M a year, causing the Giants to emerge as clear-cut favorites for Blake Snell, per @BNightengale. https://t.co/0ZnNSbCFWj
BREAKING: Blake Snell is signing a two-year, $62 million contract that includes an opt-out after the first season with the San Francisco Giants, sources tell ESPN. https://t.co/SHlwOxkAQ5
Blake Snell is a Giant 🤩 (via @snellzilla4/IG) https://t.co/HdhHqCpBmD
SF Giants make another late splash, add Cy Young winner Blake Snell: reports https://t.co/FhbHWZ6WlP
The Giants emerged as the “clear-cut favorites” for Blake Snell yesterday after the Yankees and Astros both declined to go over $30M per year, per @BNightengale https://t.co/ueCeFz0uvm
Snellzilla to the giants! Pitchers park and he’s been historically excellent against the Dodgers #giants
Blake Snell signing two-year deal with Giants to end long free-agency wait https://t.co/8LDI7ZlVGC https://t.co/FyaRn5Db76
Props to the Giants for making a real push for 2nd place in the #NLWest this year. #Dodgers https://t.co/J64N9WtjdY
KNBR gonna be lit. Blake Snell has reportedly signed with the Giants: https://t.co/yXvjIpmtD0
After signing Blake Snell, the Giants rotation is now headlined by last year’s first and second place NL CY Young Award finishers. https://t.co/Z2J4JIXTzM
Kinda wild that Carlos Rodon, who’s the same age as Snell, got $162 million over six years from the Yankees just last year and he wasn’t coming off a Cy Young season. Did Snell just hit the market at the wrong time? https://t.co/RUz28wCllI
Blake Snell is officially a San Francisco Giant, per @JeffPassan. It is a two-year, $62M deal. https://t.co/gsZrVSXEaj
Report: Snell, Giants agree to two-year, $62M deal https://t.co/UngVRLXAH4
Well someone blinked … the @SFGiants come to terms on 2yr $62M deal with opt out … with @snellzilla4 …. Welcomed addition to a VERY pitcher friendly ballpark. Now we shall see if he can crash course and be ready to pitch with some length in the next 3-4 weeks . https://t.co/Erbiv7UFLH
Blake Snell seems happy https://t.co/HsmwgLmDZ4
In the last 40 days, the #SFGiants signed Blake Snell, Jorge Soler, and Matt Chapman. That was in addition to signing Jung Hoo Lee, Jordan Hicks, and trading for Robbie Ray. This ended up being an extremely impressive offseason that’s changed this roster.
#BREAKING: Reigning NL Cy Young Award winner Blake Snell reportedly joining Giants on two-year, $62 million deal. https://t.co/SSxR7BmXMS https://t.co/S2SJihXbhf
Where do Logan Webb and Blake Snell rank among Starting Pitcher duos in MLB? https://t.co/gR8cHyLJMB
Giants, LHP Blake Snell reportedly agree to deal, per @MLBNetwork insider @JonHeyman. https://t.co/wFdGXnddBZ
The NL West. https://t.co/21gqKDMWCk
Per @JonHeyman, Blake Snell has agreed to a 2-year, $62 million deal with the Giants. ✍️ https://t.co/J9OjIPaErk
The San Francisco Giants had a fantastic off-season. Gonna be a fun team to watch in The Bay this year 👏
After signing Blake Snell, The Giants rotation is now headlined by last year’s first and second place NL CY Young Award finishers. https://t.co/fPxB8H94u1
The Giants will open the season with the Nos. 1-2 finishers for last year’s NL Cy Young Award, and they’ll hope to add the 2021 AL Cy to the rotation in the second half. https://t.co/KRkOTVn1oH
New #SFGiants pitcher Blake Snell has struck out at least 170 batters in each of the last three seasons. He struck out 234 last year. https://t.co/Xd5HiLdymz
For the Yankees, two years and $62 million for Blake Snell would have actually been $96.1 million.
🚨 Blake Snell and the Giants reportedly have agreed to a two-year, $62 million contract that includes an opt-out https://t.co/vIWyekITPb
Jon Miller when the Giants pursue Cody Bellinger next offseason https://t.co/bnyHIVMTA0 https://t.co/joQynPVgEG
So Snell, after winning the Cy Young, has to have another big year on the mound to opt out and try for another big payday. Good deal for the Giants. https://t.co/Z7h6wPuExe
The San Francisco Giants preview from @SkatingTripods went up today, so of course they made a huge move and signed Blake Snell. Here's an outlook for 2024. ⬇️ https://t.co/1Ensmuj08P
Reigning National League Cy Young winner Blake Snell and the San Francisco Giants are in agreement on a two-year, $62 million contract that includes an opt-out after the first season, a source tells ESPN.
In adding Blake Snell at a $31M AAV (2 years, $62M), the San Francisco #Giants have increased their projected tax payroll for 2024 up to $240M, slightly north of the $237M threshold. https://t.co/vXDRbrwVHc
Blake Snell to ink two-year, $62 million deal with the San Francisco Giants, per report https://t.co/0Ai8gNWv9u
The Giants offseason haul: Blake Snell Matt Chapman Jung Hoo Lee Jorge Soler Jordan Hicks Robbie Ray Tom Murphy https://t.co/MhEgPo4cWG
BLAKE SNELL FINALLY SIGNED https://t.co/JZ6mZXA6Xf
The Giants have added a BIG piece! Catch our reaction now: https://t.co/yTsMmdcga3 https://t.co/KqwflEn8LV
Our model projects two years of Blake Snell to be worth $66.4M in field value, or just above his reported $62M deal with the #SFGiants
The San Francisco Giants have signed Blake Snell, according to Jon Heyman. They now have the 2023 NL Cy Young and the runner-up in the same rotation. This team has drastically improved in the last month. #SFGiants | @KPIXtv https://t.co/H4trmH6Snc
The Giants had a pretty good offseason https://t.co/Wnvhae8sCW
Blake Snell has agreed to a two-year, $62 million deal with the Giants, per @JonHeyman. https://t.co/oBJq3PjvkK
Blake Snell is headed to the @SFGiants with an opt-out after this season! https://t.co/cE0wthYL7V
Blake Snell has agreed to a two-year, $62 million deal with the Giants, per source. The deal includes an opt out after 2024. @JonHeyman was on it.
The reigning NL Cy Young award winner Blake Snell is signing with the San Francisco Giants per @JonHeyman https://t.co/Ev4rZtRkbT https://t.co/5QtbjHUxXD
Report: Giants, Snell agree to 2-year, $62M deal https://t.co/4HReFEe7xB
Blake Snell agrees to a two-year, $62 million deal with the San Francisco Giants, per @JonHeyman. https://t.co/n8wlgJLmCT
🔥WE ARE LIVE🔥 BREAKING NEWS: BLAKE SNELL SIGNS WITH GIANTS https://t.co/mEJUtly2oO
Blake Snell agrees to two-year, $62 million deal with the San Francisco Giants, per @JonHeyman. https://t.co/zXn2cmJK8h
🚨 BREAKING 🚨 Blake Snell is signing a 2-year, $62 million deal with the San Francisco Giants, per @JonHeyman https://t.co/bbWOABFPhN
The San Francisco Giants sign Blake Snell to a 2-year, $62 million contract. @JonHeyman on it
Giants, LHP Blake Snell reportedly agree to deal, per @MLBNetwork insider Jon Heyman. https://t.co/ECEEHntRws
Blake Snell signs with the Giants on a short-term deal https://t.co/gCqypncjbi
Giants To Sign Blake Snell https://t.co/zkln2jLjeE https://t.co/7DnXFfzzTU
I would never have offered Snell $200 million, but 2/62 is a great deal for the Giants. The low numbers of years, even with an opt-out after one, is a much bigger deal than the AAV.
Giants rotation will now be led by the top two finishers in the NL Cy Young race: https://t.co/TtsZFddSCx
Blake Snell is signing a 2-year, $62 million deal with the Giants, per @JonHeyman https://t.co/L7kRQKyKIi
The Blake Snell saga is finally over! Snell is heading to the Giants on a 2-year, $62 million deal with an opt out, per @JonHeyman! https://t.co/oGrrhXJ2KF
The Blake Snell saga is over https://t.co/BMxcgO075t
Breaking: Snell to the Giants. $62M, 2 years. Opt out.
Offseason In Review: Seattle Mariners https://t.co/PUCDLEhGIb https://t.co/QH9ZTUvcW7
The Reigning Cy Young Winner Blake Snell Remains a Free Agent And Has Resorted To Auditioning In Front Of Scouts To Entice Teams To Sign Him @BarstoolHubbs https://t.co/skzBl7Hba9 https://t.co/yGeUr5Ot0x
The Reigning Cy Young Winner Blake Snell Remains a Free Agent And Has Resorted To Auditioning In Front Of Scouts To Entice Teams To Sign Him https://t.co/UHC6E9kQ49 https://t.co/etlSZ3vBUg
Offseason In Review: Colorado Rockies https://t.co/ArkJFAw4qA https://t.co/I6baj6VzJL
SI Grades Some of Giants’ Top Free Agency Moves https://t.co/p3hzbpTghR
In today’s edition of The Windup, The Athletic’s free daily baseball newsletter, I wrote about the challenges free-agent left-hander Blake Snell will face once he signs. With @ThreeTwoEephus: https://t.co/5pmvf1Rjn7
In the true Giants tradition this offseason of countering bad news with good news and vice versa, the Blake Snell signing is on the way tonight. https://t.co/HRAkciK1aY
Are you looking for a more fun Giants story this morning? Here is one! Mason Black, ‘a proud nerd,’ pushing for a spot in the rotation - bioengineering degree, Cormac McCarthy fan combines IQ and emotional IG plus intriguing pitch mix: https://t.co/XnEvjDChin via @sfchronicle
Blake Snell, reigning NL Cy Young Award winner, threw for scouts the other day. That’s like Tom Cruise auditioning for community theater.
Blake Snell, reigning NL Cy Young Award, threw for scouts the other day. That’s like Tom Cruise auditioning for community theater.
Has a new favorite emerged in the Blake Snell sweepstakes? https://t.co/HBxnoCc2ka https://t.co/qcmfdk33ZX
Giants are among teams showing interest in reigning NL Cy Young winner Blake Snell. Uncertain where SF stands but manager Bob Melvin, who had him in SD, said this today. “I want Blake to go somewhere he’s happy. He’s a terrific kid and a good pitcher.”
🔥WE ARE LIVE🔥 Astros BALKING on Blake Snell?! Dodgers NOT DONE ADDING? JD Martinez Mets? MLB Injuries Mounting; Padres Name Jackson Merrill Opening Day CF; Red Sox Rotation CLEARER? https://t.co/WnyCwc0VlK
Blake Snell went from wanting $200M+ to asking for a 2-year deal at $66M with an opt out after 2024? So essentially he went from a 7-8 year ask down to a 1-year “I’ll opt out if I pitch well” contract? Nice work, Mr. Boras. A true masterclass.
blake snell is singing the song of the elusive farhan zaidi https://t.co/fBJgG15J1H
The San Francisco right-hander, who has dealt with a sore elbow all spring, made his Cactus League debut Sunday and struck out three batters over 1⅔ innings. https://t.co/a5Qkobvigm
Giants’ Mason Black, ‘a proud nerd,’ pushing for a spot in the rotation; more on the 24-year-old with a bioengineering degree who loves Cormac McCarthy and throws a gyro slider. "He ’s totally OK being himself. He’s just a beauty.”https://t.co/XnEvjDCP7V via @sfchronicle
The San Francisco right-hander has the credentials to back up his nerdiness, including a knowledge of physics that may help land him in the rotation. https://t.co/nscvrrugcw