Giants re-sign Tim Lincecum to two-year, $35 million contract

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The Giants went above and beyond to keep another star on Tuesday, re-signing Tim Lincecum to a two-year, $35 million contract that will result in him forgoing free agency.

The San Francisco Chronicle’s Alex Pavlovic was the first to confirm the dollars.

It’s still a paycut for Lincecum, who made $18 million in 2012 and $22 million this year under the terms of a two-year contract that took him through his final arbitration years. Of course, he signed that deal coming off a fourth straight season in which he made the All-Star team, received Cy Young votes and struck out at least 220 batters. He’s done none of those things the last two years.

In fact, Lincecum has been one of the game’s worst starters the last two years.  Of the 88 pitchers to qualify for the ERA title in 2012, Lincecum finished dead last in ERA+, which accounts for pitcher friendly AT&T Park.  In 2013, he finished 77th of the 81 to qualify. His strikeout rate remains quite strong, but with his velocity diminished, he’s giving up more hits and homers than ever before.

Providing some hope for the future is that Lincecum’s peripherals have been better than his ERAs the last two years. Still, unless some velocity comes back, he’s probably not going to be anything close to a $17.5 million-per-year pitcher these next two seasons. Given that the Giants do play in such a pitcher friendly ballpark and that they’ve had success with reclamation projects under Dave Righetti’s watch, it’s hard not to think there would have been much better ways to spend all this money.

Watch: Brian McCann’s incredible tag nails Greg Bird at home plate

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Things got a little wild in the fifth inning of Game 7 of the ALCS on Saturday. With one out and runners at the corners, Astros’ right-hander Charlie Morton fired a 1-1 fastball to Todd Frazier. Frazier returned the ball to third baseman Alex Bregman, who tossed a perfect throw over to Brian McCann at the plate just as Greg Bird came charging home. McCann’s setup was flawless, nailing Bird as he slid into the plate and nullifying the Yankees’ first real attempt to get on the board.

That’s as close as the Yankees have come to scoring so far. The Astros took an early 1-0 lead with Evan Gattis‘ 405-footer off of CC Sabathia in the top of the fourth inning. Jose Altuve chimed in with an opposite-field solo shot in the fifth, while McCann followed his lead-preserving tag with an equally jaw-dropping two-out, two-RBI double. Houston currently leads 4-0 in the bottom of the fifth.