Sergio Romo agrees to two-year, $9M contract with Giants


The Giants have wrapped up their final arb. case.

According to beat writer Henry Schulman of the San Francisco Chronicle, closer Sergio Romo agreed Wednesday evening to a two-year pact that will cover his final two years of arbitration eligibility.

No word yet on the exact financial layout.

Romo posted a dominant 1.79 ERA and 0.85 WHIP over 69 appearances last season, fanning 63 batters and issuing only 10 walks in 55 1/3 innings. He was also a force in the playoffs, racking up three saves against the Tigers in the Giants’ World Series sweep.

The 29-year-old right-hander boasts a 2.20 career ERA, a 0.88 career WHIP and a 10.7 career K/9 through his first five major league seasons. He will be eligible for free agency heading into the 2015 campaign.


UPDATE, 10:33 PM: Schulman says Romo will make $3.5 million in 2013 and $5.5 million in 2014. So it’s a two-year, $9 million contract.

Mariners claim Dario Alvarez off waivers from Cubs

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Ryan Divish of the Seattle Times reports that the Mariners have claimed pitcher Dario Alvarez off waivers from the Cubs. The Mariners will option him to Triple-A Tacoma and have him report to minor league camp. Alvarez will serve as bullpen depth for the Mariners.

Alvarez, 29, has  spent parts of four seasons in the majors with the Mets, Braves, and Rangers. He signed with the Cubs as a free agent in November. Across 48 innings of relief, the lefty owns a 5.06 ERA with 61 strikeouts and 22 walks. His spring with the Cubs wasn’t any better, as he yielded six runs on seven hits and six walks with 11 strikeouts in 7 1/3 innings.