Sergio Romo Rumors

Giants Notes: Zito, Wilson, Theriot, Romo

Giants pitcher Barry Zito says that he would be open to a contract extension and wants to stay a Giant until he retires, tweets Hank Schulman of the San Francisco Chronicle.  The left-hander is entering the final year of his seven-year, $126MM deal, which includes a $7MM buyout for his option on the 2014 season.  Zito can have the full $18MM option vest with 200 innings of work in 2013.  He hasn't reached that total since 2006, but he has come within eight innings of 200 in three of his seasons in San Francisco.  Here's more on the Giants, courtesy of Schulman..

  • General Manager Sabean says he and Brian Wilson just aren't on the same page, Schulman tweets.  Wilson wants more guaranteed money in the deal while the Giants want something heavily based on incentives. 
  • Sabean said he "lost contact" with Theriot after a winter meetings overture, according to Schulman (on Twitter).  Sabean also says that he is open to talking about a long-term deal with Buster Posey.  If the Giants start things up with Theriot again, they'll have competition from the Indians, Rangers, and others.
  • If Sergio Romo pitches a true closer's workload, his two-year, $9MM deal could rise to $10.5MM in total with incentives and escalators for games finished, Schulman tweets.

Giants, Romo Agree To Two-Year Deal

9:34pm: Romo gets $3.5MM in 2013 and $5.5MM in 2014, good for $9MM in total, according to Dan Plesac of the MLB Network (on Twitter).

6:24pm: The Giants announced that they have avoided arbitration with closer Sergio Romo by agreeing to a two-year deal.  Romo is represented by Meister Sports Management.

This deal takes care of Romo's remaining arbitration seasons and he will still hit the open market following the 2014 season as planned.  With the closer under contract, the Giants now have taken care of all of their arbitration eligible players this winter.  Terms of the deal are not yet known.  The right-hander filed for $4.5MM while the Giants countered with $2.675MM when figures were exchanged in January.

Romo, 29, posted a 1.79 ERA last season with 10.2 K/9 and 1.6 BB/9 in 69 relief appearances last season.  The two sides also dodged arbitration last winter when they agreed to a one-year, $1.575MM deal. 

Arbitration Filing Numbers

Many players will avoid arbitration today, and dozens of others exchanged figures with their teams in anticipation of hearings. Most cases won't go to arbitration hearings, but teams such as the Rays, Marlins, Blue Jays and Braves are known for their 'file and trial' policies. For players on those teams this marks the last chance at negotiations before a hearing.

MLBTR's Arbitration Tracker will keep you up to date on every one of the filing numbers from around the game, but here are the highlights — players who filed for $4MM or more. Now for the details…

Giants, Romo Avoid Arbitration

The Giants avoided arbitration with Sergio Romo, agreeing to a one-year deal, Andrew Baggarly of the San Jose Mercury News tweets. The 28-year-old right-hander will earn $1.575MM in 2012, Jon Heyman of tweets. As MLBTR's Arbitration Tracker shows, Romo filed for $1.75MM while the Giants countered at $1.3MM for a midpoint of $1.525MM.

Romo posted a 1.50 ERA with 13.1 K/9 and 0.9 BB/9 in 48 innings for the Giants in 2011. The Meister Sports Management client is under team control through 2014.  Tim Lincecum, who filed for a record $21.5MM, is San Francisco's lone unsigned arbitration eligible player.

Baseball Blogs Weigh In: Jays, Bell, Davis, Dunn

On this date in 2002, the Yankees Entertainment and Sports Network launched. Although the regional network barely broke even that year, YES has gone on to generate millions in revenue, much of which goes right into the Yankees' pockets. As recently as 2008, there was talk that the network was worth more than the team itself.

After you wrap your head around that, here are some links to check out from around the baseball blogosphere…

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