Matt Cain and the Giants agree to $112.5 million extension

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First Joey Votto and now Matt Cain.

Said to be working hard on contract negotiations over the weekend, the Giants just made things official with Cain by announcing a five-year, $112.5 million extension with a sixth-year vesting option.

Cain was already set to earn $15 million this season in the final year of a three-year, $27 million extension signed in March of 2010. That deal covered Cain’s final two arbitration eligible seasons and his first year of free agency. This five-year extension will keep him in San Francisco through his age-32 season in 2017 and the 2018 option includes a $7.5 million buyout.

Obviously any $100 million-plus investment in a pitcher is extremely risky and $22 million per season is a ton, especially for a team that learned (and is still learning) the hard way with Barry Zito, but limiting the commitment to five years and avoiding Cain’s mid-30s lessens the Giants’ risk somewhat and he’s been remarkably consistent with a 3.35 career ERA and at least 190 innings in each of his six full seasons.

On a related note, the Phillies would no doubt be thrilled if Cole Hamels accepted a five-year, $112.5 million deal. Hamels has better secondary numbers than Cain and has pitched in a hitter-friendly ballpark, but their raw numbers are very similar: 3.39 ERA in 1,161 innings for Hamels. 3.35 ERA in 1,317 innings for Cain.

Zac Rosscup throws immaculate inning, lands on DL

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A day after throwing an immaculate inning — getting through an inning on three consecutive strikeouts with nine pitches — against the Mariners, Dodgers reliever Zac Rosscup was placed on the 10-day disabled list with a left calf strain. The move made room on the 25-man roster for Kenley Jansen, who is back after missing some time due to an irregular heartbeat.

Rosscup pitched the ninth inning of Sunday’s 12-1 win over the Mariners. He struck out Kyle Seager, Ryon Healy, and Cameron Maybin on three pitches each. Rosscup is the fourth pitcher to throw an immaculate inning this season, joining Kevin Gausman, Max Scherzer, and German Marquez. 2018’s four immaculate innings is still far behind 2017’s record of eight.

Rosscup has pitched only 6 2/3 innings in the majors this year. He has yielded five runs (all earned) on seven hits and a walk with 10 strikeouts. He missed a significant amount of time earlier this season due to a blister on his left middle finger.