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.

Brewers have 3 positive COVID tests at alternate site

Jeff Hanisch-USA TODAY Sports
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MILWAUKEE — The Brewers had two players and a staff member test positive for the coronavirus at their alternate training site in Appleton, Wisconsin.

Milwaukee president of baseball operations David Stearns confirmed the positive results Saturday and said they shouldn’t impact the major league team. Teams are using alternate training sites this season to keep reserve players sharp because the minor league season was canceled due to the pandemic.

Stearns said the positive tests came Monday and did not name the two players or the staff member. Players must give their permission for their names to be revealed after positive tests.

The entire camp was placed in quarantine.

“We have gone through contact tracing,” Stearns said. “We do not believe it will have any impact at all on our major league team. We’ve been fortunate to get through this season relatively unscathed in this area. Unfortunately, we weren’t able to get all the way there at our alternate site.”

Milwaukee entered Saturday one game behind the Reds and Cardinals for second place in the NL Central, with the top two teams qualifying for the postseason.

The Brewers still will be able to take taxi squad players with them on the team’s trip to Cincinnati and St. Louis in the final week of the season. He said those players have had repeated negative tests and the team is “confident” there would be no possible spread of the virus.

“Because of the nature of who these individuals were, it’s really not going to affect the quarantine group at all,” Stearns said. “We’re very fortunate that the group of players who could potentially be on a postseason roster for us aren’t interacting all that much with the individuals that tested positive.”