The Giants announced today that they have exercised club options over lefty Madison Bumgarner and third baseman Pablo Sandoval. With players returning from the 60-day DL, the club adds, it’ll have four open 40-man roster spots at the outset of the offseason.
Needless to say, there was never any question that the San Francisco organization would hang on to Bumgarner. While he has certainly not been his usual, ironclad self in the past two seasons, Bumgarner is a clear bargain at $12MM (rather than a $1.5MM buyout).
Bumgarner’s deal, which expires after the 2019 season, included a $35MM guarantee over five seasons. As it turns out, with both option years being exercised, he’ll have earned $56MM in a seven-season term. That has clearly been a big win for the Giants.
As for Sandoval, his second stint with the organization will continue for the time being, though he’ll still need to earn a roster spot in camp. When he re-joined the club in the middle of the 2017 season, he inked a deal that included successive club options at the league-minimum salary. The Red Sox are still responsible for his $18MM salary in 2019, less the$555K minimum, along with a $5MM buyout for a 2020 club option.
While the 32-year-old Sandoval has not exactly thrived of late, he was reasonably productive in 2018 before suffering a season-ending injury. Over 252 plate appearances, he posted a .248/.310/.417 slash. That’s a roughly league-average level of offensive output, which the veteran had not even approached since his original run with the Giants ended in 2014.