GIANTS SIGN PENCE, 5YRS/$90M

OF Hunter Pence was scheduled to hit free agency after the World Series but he and the San Francisco Giants have reportedly agreed to a 5-year/$90M deal. Pence came over to the Giants in 2012 in a trade deadline deal with the Phillies and was part of San Francisco’s World Series championship team.

Things haven’t gone so well for the club this year as the Giants were in last place for most of the second half of the season. But the team played much better baseball down the stretch, despite the fact that they were well out of playoff contention, and finished the year on a 10-5 run. Dating back to August 24th, the Giants posted a mark of 20-14.

Pence was a big part of the late-season success and the Giants now have him in the fold for what they hope will be a return to elite status starting in 2014. Playing in all 162 games this season, Pence posted a line of .283/.339/.483 with 27 home runs and 99 RBI along with 91 runs scored.

The Giants, winners of two of the last three World Series titles, saw the Dodgers run away with the NL west this summer with contributions from many high-priced stars who were recently acquired such as RHP Zack Greinke, 1B Adrian Gonzalez and SS Hanley Ramirez. GM Brian Sabean told reporters on Friday that the team’s payroll next year won’t be dramatically different than what it was this year, $137M.

Pence’s average annual value on his new deal, $18M, is a jump up from the $13.8 million he received this season. Cot’s Contracts breaks down the yearly salary thus:

2014: $16M
2015-2018: $18.5M

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