Hunter Pence gets $13.8 million to avoid arbitration with Giants

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Shortly after the season ended there was some speculation that the Giants would non-tender Hunter Pence rather than pay him a big salary via arbitration following a down year.

General manager Brian Sabean quickly shot that notion down, making it clear he wanted Pence back in 2013, and now we see the price tag: Jon Heyman of CBSSports.com reports that Pence and the Giants have avoided arbitration with a one-year, $13.8 million deal.

That means the Giants feared he’d get more than that via an actual arbitration hearing and as crazy as that sounds it was very possible considering Pence was paid $10.4 million last season and … well, that’s just how arbitration works.

Of course, there was nothing forcing the Giants to keep Pence after he hit just .253 with a .319 on-base percentage and .425 slugging percentage in 160 games last year and it’s hard to imagine him getting $13.8 million per season on the open market. San Francisco’s commitment is only one season, which is a key factor, but even if he bounces back to pre-2012 production (.293 AVG, .825 OPS from 2009-2011) it’s still debatable if Pence is worth that money. He’ll be a free agent next offseason.

Giants sign Austin Jackson to two-year, $6 million contract

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The Giants announced on Monday night the signing of outfielder Austin Jackson. According to Jon Heyman of FanRag Sports, it’s a two-year, $6 million deal with performance incentives that allow Jackson to earn up to an additional $2.5 million for a total of $8.5 million.

Jackson, who soon turns 31 years old, spent last season with the Indians. In 318 plate appearances, he hit .318/.387/.482 with seven home runs, 35 RBI, and 46 runs scored.

The Giants have been on the hunt for a center fielder and Jackson addresses that need relatively cheaply. Jackson will join Hunter Pence and newcomer Andrew McCutchen in the outfield.