UPDATE: Tim Lincecum signs a two-year, $40.5 million deal with the Giants

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UPDATE: It’s now confirmed by multiple sources that the deal is done: two-years, $40.5 million.

2:14 PMJon Heyman just tweeted that the Giants and Tim Lincecum are “very, very” close to sealing a two-year deal for “a little over $40 million.”

The existence of such an offer was first reported by Tim Brown of Yahoo! on Saturday. As D.J. noted then, a two-year deal like this would cover Lincecum’s remaining arbitration seasons and allow him to test free agency after 2013. It would also avoid a long term deal which Lincecum is reported not to really want right now.

For the Giants, it avoided the specter of going through arbitration with Lincecum over the next two seasons and, barring some sort of cratering of his performance, being on the hook for more than $45 million, I’d wager.

Bradley Zimmer ended his 0-for-August skid

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Indians rookie outfielder Bradley Zimmer entered Thursday’s doubleheader against the Twins hitless in the month of August. Having appeared in 13 games, he failed to get a hit in 39 trips to the plate. He knocked in just one run, scored twice, and drew five walks with 16 strikeouts.

It looked like the streak might continue, as Zimmer struck out twice, bunted into an out, and reached on a fielder’s choice in his first four at-bats. Fortunately, he got to face Glen Perkins in the ninth inning. Perkins hadn’t pitched in a major league game since April 10, 2016. Zimmer grounded a single to right field, ending his 0-for-August skid which had reached 43 plate appearances and 36 at-bats.

On the season, Zimmer is batting .245/.316/.400 with eight home runs, 38 RBI, 33 runs scored, and 14 stolen bases in 275 PA.

Twins activated Glen Perkins from the 60-day disabled list

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The Twins announced, prior to the start of Thursday afternoon’s game against the Indians (the first game of a double-header), that reliever Glen Perkins was activated from the 60-day disabled list. Perkins had been sidelined since April 2016, recovering from left labrum surgery.

From 2013-15, Perkins served as the Twins’ closer, recording 102 saves with a 3.08 ERA. He appeared in only two games last season before going down with the injury.

Perkins appeared in the ninth inning of the first game Thursday with the Twins trailing 7-3. It did not go well. He gave up two runs on two hits, one walk, and two hit batsmen before being lifted. Alan Busenitz came in and induced an inning-ending double play from Francisco Lindor.

The Twins will likely ease Perkins back by continuing to use him in lower-leverage situations. Perkins has a club option worth $6.5 million for 2018 with a $700,000 buyout. The Twins picking up that option likely hinges on how Perkins fares down the stretch.