SAN FRANCISCO – The San Francisco Giants agreed to terms on a two-year, $11.5 million contract with right-hander Luke Jackson.
The 31-year-old Jackson missed the entire 2022 season after undergoing Tommy John surgery on April 13.
Jackson had a strong season in 2021 when he helped Atlanta win the World Series. He went 2-2 with a career-low 1.98 ERA in a career-high 71 games. He recorded 70 strikeouts and 29 walks in 63 2-3 innings and ranked second in the majors with 31 holds.
Over a seven-year career with Texas and Atlanta, Jackson is 16-6 with a 4.24 ERA with 19 saves in 253 relief appearances.
The deal announced on Monday will pay Jackson $3 million in 2023 and $6.5 million in 2024. There is a team option for $7 million for 2025 with a $2 million buyout if San Francisco declines to exercise it.
Jackson’s 2025 club option base salary can escalate by up to $3.5 million for games finished during the 2024 season.
Jackson will also make a donation to the Giants Community Fund of $15,000 in 2023, $32,500 in 2024 and $35,000 in 2025 if the club option is exercised.
The Giants also completed a trade with the Phillies, acquiring left-hander Erik Miller for right-hander Yunior Marte. The 24-year-old Miller was the Phillies’ fourth-round selection in the 2019 draft out of Stanford and was ranked as their seventh-best prospect, according to MLB.com.
ST. PETERSBURG, Fla. – Reliever Colin Poche went to salary arbitration with the Tampa Bay Rays on Tuesday with the sides just $125,000 apart.
The gap between the $1.3 million the pitcher asked for and the $1,175,000 the team offered was the smallest among the 33 players who exchanged proposed arbitration figures last month. The case was heard by John Woods, Jeanne Vonhof and Walt De Treux, who will hold their decision until later this month.
A 29-year-old left-hander, Poche had Tommy John surgery on July 29, 2020, and returned to the major leagues last April 22 after six appearances at Triple-A Durham. Poche was 4-2 with a 3.99 ERA and seven saves in 65 relief appearances for the Rays. He struck out 64 and walked 22 in 58 2/3 innings.
Poche had a $707,800 salary last year.
Tampa Bay went to arbitration on Monday with reliever Ryan Thompson, whose decision also is being held until later this month. He asked for $1.2 million and the Rays argued for $1 million.
Rays right-hander Jason Adam and outfielder Harold Ramirez remain scheduled for hearings.
Players and teams have split four decisions thus far. All-Star pitcher Max Fried ($13.5 million) lost to Atlanta and reliever Diego Castillo ($2.95 million) was defeated by Seattle, while pitcher Jesus Luzardo ($2.45 million) and AL batting champion Luis Arraez ($6.1 million) both beat the Marlins.
A decision also is pending for Los Angeles Angels outfielder Hunter Renfroe.
Eighteen additional players are eligible for arbitration and hearings are scheduled through Feb. 17. Among the eligible players is Seattle utilityman Dylan Moore, who has a pending three-year contract worth $8,875,000.