We’ve known for a while that the San Francisco Giants were likely to sign right-handed pitcher Alex Cobb, with talks progressing to the “finalizing” stage in the last few days. And now the team has made it official, announcing the signing of Cobb, and releasing contract details.
Cobb’s contract is for two years and $20 million, with a team option for a third season. He’ll be paid $9 million in 2022 and 2023, with a $2 million buyout if his third-year option is declined. If the option is exercised, it will be for $10 million, turning the deal into three years and $28 million.