The Giants have made it known that their goal is to retain ace Madison Bumgarner for the long haul, but a contract extension might not come until next offseason at the earliest because of the luxury-tax threshold, per John Shea of the San Francisco Chronicle. The Giants will outspend the mark for third straight year in 2017, writes Shea, meaning they’ll have to pay a 50 percent tax on every dollar they exceed next season’s $195MM limit. By extending Bumgarner, the Giants would put themselves in position to incur more taxes.
John Mozeliak On Signing Dexter Fowler
