Jeff Passan of Yahoo! Sports was hearing rumblings in mid-November that the Giants would be one of nine major league teams in the running for Cuban defector Yoenis Cespedes. But we can now scratch San Francisco off the list of potential landing spots for the much-hyped 26-year-old outfielder.
Giants GM Brian Sabean told Hank Schulman of the San Francisco Chronicle on Saturday that his team is not planning to pursue Cespedes because “the price tag is probably beyond what his talent is.”
Cespedes’ contract is expected surpass $30 million, and early reports even had him approaching the $60 million mark. The Giants have long-term contract negotiations on the horizon with starters Matt Cain and Tim Lincecum, and can’t afford to take such a massive financial risk on a raw and unproven commodity.
The Marlins, Cubs, White Sox, Tigers and Orioles are thought to be the most actively involved.