Details of Madison Bumgarner’s long-term contract with the Giants

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The Giants announced earlier today that they signed Madison Bumgarner to a five-year contract extension with options for 2018 and 2019. Andrew Baggarly of CSNBayArea.com has the year-by-year details.

The deal has two different structures, but this breakdown is assuming the 22-year-old left-hander doesn’t reach Super Two status this offseason:

2013: $750,000
2014: $3.75 million
2015: $6.75 million
2016: $9.75 million
2017: $11.5 million

The deal includes a $1 million signing bonus and a $1.5 million buyout on either option, so he is guaranteed $35 million over the life of the contract. That’s a record commitment for a pitcher with between one and two years of service time. He would be guaranteed $40 million if he qualifies as Super Two this winter, though that scenario appears unlikely at the moment.

The option years are worth $12 million each and include escalators. The first option will be guaranteed if Bumgarner throws 200 innings in 2017 or 400 innings between 2016-17. If he finishes in the top three of the Cy Young at any time, both options are $14 million. If he wins a Cy Young award, both options become $16 million.

Bumgarner could make a total of $70.5 million if he becomes a Super Two player this winter and maxes out on the two option years, but if it happens, chances are the Giants will be pretty pleased with the whole thing.

The contract also includes a limited no-trade clause which allows Bumgarner to pick eight teams each year where he cannot be dealt.

Report: Brewers have made formal contract offer to Yu Darvish

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Yahoo Japan reported on Sunday (Monday there) that the Brewers have made a formal contract offer to free agent pitcher Yu Darvish. Ken Rosenthal of The Athletic has confirmed Yahoo Japan’s report. The length of the offered contract and the value are not known at the moment.

Darvish recently said on his personal Twitter account that the Rangers, Yankees, Cubs, Astros, Twins, and “one more team” have been in the running for his services. The unnamed team was believed to be the Dodgers, but it may well be the Brewers.

The Brewers could certainly use Darvish’s arm. Chase Anderson and Zach Davies currently lead the starting rotation and the club added Jhoulys Chacin and Yovani Gallardo this offseason.

Darvish, 31, posted a 3.86 ERA with a 209/58 K/BB ratio in 186 2/3 innings between the Rangers and Dodgers in the regular season last year. He faltered in the playoffs, specifically in the World Series, where he gave up nine runs in 3 1/3 innings across two starts. Darvish was apparently tipping his pitches, however, which is a correctable issue.