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Giants, Camilo Doval Discussed Extension Last Year

By Mark Polishuk | June 1, 2024 at 4:40pm CDT

4:40pm: Slusser has since updated her report to note that the previously reported $50MM figure is not accurate. She adds that the offer was “closer to what an extension for a pre-arb reliever would have been,” although the specific terms of the offer are not clear.

2:54pm: The Giants and closer Camilo Doval had talks last year about a contract extension that would have paid Doval around $50MM, Susan Slusser of the San Francisco Chronicle reports.  It isn’t known if the Giants have since made a larger offer, or if the two sides have continued negotiations in any significant fashion.

In terms of the timing of the $50MM offer, Slusser writes that Edwin Diaz’s five-year, $102MM deal with the Mets from November 2022 happened “not long before” the talks between Doval and the Giants.  It might therefore be safe to guess the two sides held discussions during Spring Training 2023, as teams routinely explore longer-term contracts with their in-house players during spring camp.

Doval is still a pre-arbitration player, as the right-hander will only enter the arb process for the first of three times this coming offseason.  He is slated to hit free agency following the 2027 campaign, so it seems likely that the Giants’ offer covered Doval’s remaining two pre-arb seasons, his three arbitration years, and at least one of his free agent seasons, with possibly a club option or two also attached.

It would’ve been quite the financial commitment for a pitcher who had only 94.2 MLB innings under his belt heading into the 2023 season, especially for a Giants team that has been wary of giving any kind of long-term contract to a pitcher since president of baseball operations Farhan Zaidi took the front office.  It should be noted that the spring of 2023 did see the Giants complete a five-year, $90MM extension with Logan Webb, though a longer-term deal with a front-of-the-rotation starter carries less risk than a longer-term deal to a reliever.

There haven’t been many relief pitchers in history who have landed contracts (whether extensions or free agent deals) worth $50MM or more.  Doval was also something of a lightly regarded international prospect who signed for a $100K bonus in 2015, so even if he viewed the offer as unsatisfactory in the wake of Diaz’s deal resetting the market, it must’ve taken quite a bit of confidence on Doval’s part to pass up the life-changing security of San Francisco’s extension.

Now two months into the 2024 season, Doval’s decision to bet on himself is still looking sound.  Doval has a 2.89 ERA over 90 1/3 innings since Opening Day 2023, with an outstanding 30.4% strikeout rate, a 55.6% grounder rate, and a fastball averaging 99.2 mph.  Some other metrics stand out as red flags, as Doval has always been prone to walks, and his hard-contact numbers have been decidedly below average over the last two years.

Since traditional counting stats like saves are valued by arbiters moreso than deeper analytics, the number that might matter most to Doval’s future earnings are his Doval’s 75 saves in 87 chances over the last three seasons.  Assuming he stays healthy and effective for the remainder of 2024, he’ll head into his first round of arbitration with a strong three-year platform of quality results in the ninth inning.  This will subsequently line him up for increasingly larger salaries in his next two arb years if all goes well, and then a free agent deal in the 2027-28 offseason (when he is 30 years old) that might possibly set a new standard for closer contracts.

That is still a ways down the road, of course, which speaks to the longer-term risk that Doval is taking in foregoing an extension.  Nothing is preventing Doval and the Giants from coming together on a long-term deal at any point over the next four seasons, or San Francisco might also now be open to another options for their highest-leverage innings.  As Slusser writes, rookie Randy Rodriguez has looked good in his first taste of MLB action, and might be a potential closer of the future.  This could mean the Giants might eventually explore trading Doval in order to address needs elsewhere on the roster, while saving a bit of money on Doval’s escalating arbitration salaries, and perhaps selling high to some extent.  Those elevated hard-contact rates, for instance, or Doval’s continued control problems might have given the Giants some more concerns over Doval’s long-term viability than they had in the spring in 2023.

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San Francisco Giants Camilo Doval

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64 Comments

  1. deweybelongsinthehall

    1 year ago

    I’m speaking in a general sense but all pitchers today who have not locked up a multi-year deal should seriously consider such if offered. Look at Whitlock with Boston. Yes, he had prior surgery but there is so much risk and $50m in itself is generation changing.

    8
    Reply
    • Blackpink in the area

      1 year ago

      Yeah I don’t like these extensions for unproven players like Churio and Keith. But a proven pitcher who wants to protect against a career ending injury I think that makes a lot of sense for both sides.

      3
      Reply
      • Lets Go DBacks

        1 year ago

        Not just that, relievers are also terribly volatile. One year you are the man, next year you are waiver fodder.

        10
        Reply
        • RShore05

          1 year ago

          @Lets Go DBacks- I totally agree with you. I’ve always thought Relief Pitcher’s were very similar to Place Kicker’s in the NFL in how their performance can change so drastically from year to year(or even game to game). That’s why if/when you have a good one, you should definitely lock them up. Nothing more demoralizing for a team then blowing a 9th inning lead or having the kicker shank a last second 45yd FG attempt to lose the game.

          1
          Reply
  2. talking baseball

    1 year ago

    I say, sell high to an AL team that will give you at least 2 pitchers and a position player in return.
    When he’s on, he’s good, when he’s off he looks like he couldn’t care less.

    3
    Reply
    • foppert2

      1 year ago

      He is a closer. You want them to look like they couldn’t care less.

      I understand he is the NL saves leader over the last couple of years. Young dude getting the job done.

      3
      Reply
    • gbs42

      1 year ago

      Why to an AL team, why do you think a team will give up three players for a closer, and why those specific positions in return.

      Reply
    • SalaryCapMyth

      1 year ago

      I don’t think you even looked at his stats before you said that. Last season, he had a bad July and a bad August. In 2022, the worst he did was a 3.72 ERA in June. It’s pretty normal for even great pitchers to have a bad couple months in a season. His total contribution has been remarkably steady and dependable.

      2
      Reply
    • YankeesBleacherCreature

      1 year ago

      He’s a very good closer but not elite – too many walks. Doval is not getting that type of return.

      1
      Reply
      • SalaryCapMyth

        1 year ago

        That’s like saying Judge isn’t elite because he strikes out to much. A blemish doesn’t mean you’re not elite.

        1
        Reply
      • FullMontilla

        1 year ago

        Sell high at the deadline! He ultimately will be a disappointment

        Reply
  3. fred-3

    1 year ago

    Should’ve took that unless he hates San Francisco

    1
    Reply
  4. Candlestoked

    1 year ago

    I turned down a similar ($62MM over six years) offer to teach high school physics/chemistry here in town. Kind regretting that decision about now.

    8
    Reply
    • Bucket Number Six

      1 year ago

      Right decision. $62MM goes nowhere today in SF.

      2
      Reply
    • SalaryCapMyth

      1 year ago

      Holding out for a better contract, eh? =D

      Reply
    • mlb fan

      1 year ago

      “I turned down”…Clearly Scott Boras was wrong when he advised you to hold out for $80M. In reality, teachers rarely beat $62M/6yrs on the open market.

      1
      Reply
      • Candlestoked

        1 year ago

        Actually, my agent’s name is Scott Boron!

        1
        Reply
    • JoeBrady

      1 year ago

      You should’ve taken it. Science is way too volatile. You’ll come to the conclusion that donuts, bacon, and ice cream is not a healthy diet, be accused of fat-shaming and be blackballed from the industry.

      1
      Reply
  5. Kayrall

    1 year ago

    That’s a large amount of money for a reliever with big control problems.

    2
    Reply
  6. etex211

    1 year ago

    How many long-term contracts for bullpen arms have aged well?

    2
    Reply
    • mlb fan

      1 year ago

      “Have aged well”…The Giants would be nuts to give a pre arbitration closer $50M+ when they already control his rights for another 3 yrs. Relievers are just too volatile year to year.

      Reply
  7. Johnny utah

    1 year ago

    Considering how fragile pitchers are these days im shocked he turned it down. Considering how everyone is greedy & only cares about $$ im not surprised 1 bit. Good luck staying healthy doval. Is his agent boras? Mets signed edwin to the largest deal ever for a CL. Since then he tore his acl, missed an entire season, put up a 5.40 era upon his return, removed from the CL position, and now back on the DL indefinitely. So maybe SF dodged a bullet. Doval still has 3-4 yrs left i believe before FA

    3
    Reply
  8. sad tormented neglected mariners fan

    1 year ago

    If only the giants were able to get him before the Dias and hader deals

    Reply
  9. wefwewefwe

    1 year ago

    Hedonistic disgusting dump of a city and stadium.

    2
    Reply
    • Bucket Number Six

      1 year ago

      We’ve cancelled your reservations.

      2
      Reply
    • Blackpink in the area

      1 year ago

      Dude shut up

      2
      Reply
    • sacball

      1 year ago

      Yawn

      2
      Reply
    • gbs42

      1 year ago

      At least the last word of your comment was baseball related. Still, the overall stupidity of it earns you a Mute.

      1
      Reply
  10. Non Roster Invitee

    1 year ago

    Talking baseball is right. His demeanor is like he doesn’t care. I don’t believe he likes baseball. Camilo does get the job done and is one of the Giants best pitchers if not one of the league’s best.
    Couple of nice closers in the Bay Area.
    RanRod has been excellent however, I just wish Bob Melvin would use him in higher leverage situations.

    Reply
    • gbs42

      1 year ago

      NRI,

      What gives you such insight into Doval’s mindset and feelings toward the game?

      Fans trying to get inside players’ heads never cease to amaze me.

      4
      Reply
      • YankeesBleacherCreature

        1 year ago

        I think fans underestimate the kind of mental fortitude it takes to be a closer. Not everyone needs to be a KRod or Papelbon to exhibit “care”.

        3
        Reply
      • JoeBrady

        1 year ago

        1-Announcers do this all the time. They like to tell you how players feel and think. A lot of time, players are probably just reacting to a 92 mph sweeper, and not really thinking the thing thru.

        2-I think a closer has to exhibit a casual attitude. Jansen seldom shows much emotion, and I think that’s an attribute.

        1
        Reply
    • TigersLoveCinnamon

      1 year ago

      his nickname is tranquilo, of course it looks like he doesn’t care

      Reply
      • Non Roster Invitee

        1 year ago

        In the words of Johnny Carson…III did not know that

        1
        Reply
        • foppert2

          1 year ago

          How can you have watched him in almost every game he has been in and not know that ?

          Are you deaf ?

          Reply
  11. Champ world champion Texas Rangers

    1 year ago

    What a discussion!!

    Reply
  12. Non Roster Invitee

    1 year ago

    I’ve watched him pitch in almost every game he’s in. There’s no emotion. He doesn’t get mad or happy, excited or bummed. He doesn’t hold runners on, doesn’t cover first. If he blow a dave he says “I’ll do better next time”
    Not a lot of players behave like this.
    My 90 year old grandmother mentioned this to me first.
    It amazes me how people don’t pay attention to others actions.

    1
    Reply
    • TigersLoveCinnamon

      1 year ago

      Are you just gonna keep saying the same thing?

      Reply
      • Non Roster Invitee

        1 year ago

        Maybe maybe not. Probably probably not. I just might. But I might not. I could. But I could not I might change it around a little. I might say it verbatim. I could go on and on or I might keep it short
        The last thing I want to do is answer your questions.

        Reply
  13. foppert2

    1 year ago

    Zaidi farm system cops a lot of heat but in the last 3 years it has given us one of the games best starters, one of games best closers and what is very much looking like one of the games best catchers. I don’t know enough about other teams development success to compare, but I’m thinking the Giants are going too ok at bringing them through.

    1
    Reply
    • Non Roster Invitee

      1 year ago

      Thank you Hunter Bishop.

      Reply
      • foppert2

        1 year ago

        I see. Hunter Bishop is the best all barometer. Let’s ignore the successes. My bad.

        2
        Reply
        • TigersLoveCinnamon

          1 year ago

          Don’t feed the troll

          Reply
        • foppert2

          1 year ago

          You’re asking me to take away a little guilty pleasure….

          1
          Reply
        • Non Roster Invitee

          1 year ago

          Thumbs up for Fop! LOL

          Reply
        • Non Roster Invitee

          1 year ago

          Giants had an aging shortstop and took Bishop while the Yankees took Volpe at #30.

          Reply
        • foppert2

          1 year ago

          I get it. What they have produced should be judged on Hunter Bishop. Sure. Carry on.

          Reply
  14. case

    1 year ago

    Seems like too smart of a move for their front office. Offering a 5 year opt out heavy contract to an aging, mediocre veteran is more their speed.

    Reply
    • foppert2

      1 year ago

      What contract precedents are you referring to with the “5 year opt out heavy contract to an aging mediocre veteran” ?

      Reply
      • case

        1 year ago

        A predictive algorithm based on signings over the past 8 years, political instability, and climate change. Or maybe everything is always literal, hard to say.

        Reply
        • foppert2

          1 year ago

          Oh. Another ignorant post about something you know nothing about. Got it. Thanks.

          1
          Reply
        • case

          1 year ago

          True, in fact the signings have been going so well they have been a perennial league heavyweight under this GM. Another blow against ignorance from the enlightened!

          Reply
        • foppert2

          1 year ago

          Nah. Thats a bit down the road still. Moving forward though.

          Reply
    • sacball

      1 year ago

      This guy still thinks Brian Sabean is the GM, get out of the early 2000’s buddy…

      Reply
      • foppert2

        1 year ago

        Yeah. I couldn’t think of any either. Just another poster making stuff up.

        Reply
  15. CCooper8920

    1 year ago

    Giants would be much better off looking to trade Doval instead of extending him

    Reply
    • giacgara

      1 year ago

      Why can’t you do both? Locking him into a fixed cost and contract length will get you a better return from another team, and if Rodriguez doesn’t pan out, you still have him.

      Reply
    • TigersLoveCinnamon

      1 year ago

      Trade him when he isn’t even arbitration eligible? Sounds like a great idea

      Reply
  16. JoeBrady

    1 year ago

    I know they walked back the rumor, but it feels insane to want to give a long extension to a guy with 3.5 years of control left. That’s an eternity. And the 6.0 BB9 is plenty disturbing as well.

    Reply
  17. Non Roster Invitee

    1 year ago

    You don’t get it. They should not be judged on Bishop. I wish Luciano was as defensive as you.Sheesh . Lighty up,turn on the game and watch the Giants pitch again to the one guy they shouldn’t.

    Reply
    • oldgfan

      1 year ago

      That didn’t take long !

      Reply
  18. pjmcnu

    1 year ago

    Did I say $50M? I meant $7M.

    Reply
    • foppert2

      1 year ago

      Ha ha. Yeah. Susan might have got a phone call.

      Reply
  19. Non Roster Invitee

    1 year ago

    Fine work by Don’t Give a Damn Doval today. I hope that 50 million is still on the table.

    Reply

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