Report: Giants re-sign Javier Lopez for $8.5 million

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The Giants made another hefty commitment to a left-handed reliever on Sunday, re-signing Javier Lopez to a two-year, $8.5 million contract, the Associated Press reports.

It’s a big payday for Lopez, who is getting his first ever multiyear contract at age 34. He earned $2.35 million while amassing a 2.72 ERA and 20 holds in 53 innings last season.

The Giants stepped up with the big offer to Lopez even though they’re still in limbo with Jeremy Affeldt. It’s believed they’d prefer to re-sign Affeldt to another two-year deal instead of picking up his $5 million option for 2012.

Lopez pitched for five teams before joining the Giants in a trade with the Pirates during the summer of 2010. He held left-handers to a .163 average last season and didn’t give up a homer to any of the 222 batters he faced.

Lopez and Affeldt probably rated as the top two lefty relievers on the market this winter, with Darren Oliver and Mike Gonzalez next in line.

Trevor Rosenthal’s season is over: Cards place him on the 60-day disabled list

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Cardinals closer Trevor Rosenthal is done for the season as the Cardinals have transferred him from the 10-day to the 60-day disabled list.

He had originally been placed on the 10-Day DL last Thursday with “elbow irritation” and “arm tightness” but it’s obviously more than a mere irritation. He has seen two specialists in the past week and, while the team has not given word as to his official diagnosis, both specialists are Tommy John guys, which suggests that major elbow surgery is in the offing for Rosenthal.

Rosenthal finishes the year at 3-4 with a 3.40 ERA and a K/BB ratio of 76/20 in 47.2 innings with 11 saves. He had lost the closer’s job heading into the year but had regained it before going down. Going forward, some combination of Seung Hwan Oh, Tyler Lyons, and John Brebbia will fill cover the end of games as the Cardinals try to climb back into the playoff picture.

Steven Matz underwent season-ending surgery

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Steven Matz underwent season-ending surgery on his left elbow today. The procedure was to reposition a compressed nerve in his elbow.

Matz, 26, has struggled over 13 starts, posting a 6.08 ERA with a 48/19 K/BB ratio in 66.2 innings. That line was, obviously, a function of the bum nerve in the bum elbow. Trouble aside, Matz is expected to be ready for Opening Day in 2018.