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.

Doubleheader between Cardinals and Tigers postponed

Charles LeClaire-USA TODAY Sports
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A doubleheader between the St. Louis Cardinals and Detroit Tigers this week is being postponed to allow more time for additional COVID-19 testing.

MLB opted to postpone Thursday’s doubleheader to continue additional testing while players and staff are quarantined before the team returns to play. More details about the Cardinals’ resumption of play will be announced later this week.

The Cardinals had a series against Pittsburgh set to start on Monday postponed after a weekend series against the Cubs was scrapped due to three positive coronavirus tests.

St. Louis had two more players and a staff member test positive for the virus on Friday and have had eight positive players overall, including star catcher Yadier Molina.

There have now been 29 games postponed by Major League Baseball because of coronavirus concerns. The Cardinals have not played since July 30 and have had 15 games scrapped.

Miami and Philadelphia each had seven games postponed earlier and have returned to the field since the disruptions.

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