The San Francisco Giants agreed to sign closer Brian Wilson to a $15MM deal that buys out two arbitration years. Wilson will earn $6.5MM in 2011 and $8.5MM in 2012 under his new extension. The deal does not affect the one-year $4.4MM Wilson and the Giants agreed to for 2010.
Wilson goes to arbitration four times as a Super Two player, so he'll be under team control for one season after the extension expires and projects to hit free agency after 2013. The deal gives the Giants cost-certainty, but they're not saving themselves money; no free agent reliever obtained a guarantee of more than $15MM this offseason.