29 year old Tim Lincecum and the San Francisco Giants have signed an extension with Tim Lincecum. This is a two-year, $35 million deal that will keep Lincecum under team rights through the 2015 season. Lincecum was the Giants first round pick in 2006, as he was selected number ten overall. From that point onward, Lincecum has been in a Giant uniform, racking up wins and strikeouts. Lincecum has 1,510 strikeouts in 1,411 2/3 innings pitched.
Lincecum was thought to be a nice option on the starting pitching market this year, but the Giants lured him back into San Francisco, and made sure that their fans would continue to see Lincecum on the hill. Over this past season, Lincecum went 10-14 with a 4.37 ERA in 32 starts. According to fangraphs.com, Lincecum's 2013 fastball was the lowest average velocity of his entire career, "only" reaching a 90.2 MPH. Could this be a warning flag for years to come? That's what makes this contract a little risky for the Giants. Besides that, however, they are keeping a fan favorite in their city, which is always a good thing. Overall, this was an all around good deal for both sides.