Giants ink Ryan Vogelsong to two-year, $8M extension

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According to Mychael Urban, the Giants have signed right-hander Ryan Vogelsong to a two-year contract extension with a club option for 2014.

No word yet on the financial terms of the agreement. Vogelsong was eligible for arbitration this winter, and due a hefty raise after posting a superb 2.71 ERA and 1.25 WHIP across 179 2/3 innings last season.

The 34-year-old revitalized his career by relying less on his fastball — which he threw only 55.9 percent of the time in 2011 — and more on his cutter (14.7 percent), curve (19.7 percent) and change (9.7 percent). He became craftier, and it made him more effective.

UPDATE, 8:37 PM: FOX Sports’ Jon Paul Morosi says the two-year deal is worth $8 million.