San Francisco Giants pitcher Tim Lincecum signed a $35-million (about P1.5 billion) contract to play two more years for the Major League Baseball (MLB) team he helped win World Series championships in 2010 and 2012.
The Filipino American star pitcher will earn $17 million in 2014 and $18 million in 2015, making him the highest-paid Pinoy ballplayer not only in the US but in the world.
The new contract includes no signing bonus or options but provides the two-time CY Young Award winner for best pitcher with full no-trade protection.
The 29-year-old Lincecum, who struggled in much of the last two seasons, actually took $5.5 million less compared to his $40.5 million contract for 2012 and 2013.
Lincecum’s deal preserves the SF Giants’ pitching core comprised by Madison Bumgarner and Matt Cain and him.
Despites Lincecum’s struggles on the mound, Giants
General Manager Brian Sabean always wanted to keep the right-hander from Bellevue, Washington the son of a Filipina mother, Rebecca Asis, and an American father, Chris Lincecum.
“Brian (Sabean) said up front that it was a priority to solidify our starting pitching, and Tim is a big part of that,” Assistant General Manager Bobby Evans told the San Francisco Chronicle. “We see the difference that your starting pitching can make in a make-or-break September or postseason.”
Tim bounced back from the pitching woes he experienced for most of 2012 and the first part of 2013, winning four out of his five last starts. His highlights included a sub-four earned run average, pitched his first career no-hitter, and reached the 1,500 strikeout milestone.
He was an All-Star for four consecutive years from 2008 to 2011 and won the Babe Ruth Award in 2010 as the most valuable award of the MLB postseason.