 | Giants reach with deal with Cain |
 Si is reporting Matt Cain and the San Francisco Giants have agreed to a $27.25 million, three-year contract, while closer Brian Wilson has been given a $15 million, two-year extension through 2012.
Left-hander Jeremy Affeldt has been given a one-year extension through 2011 that adds $5.5 million in new money.
In all, the team added $43.25 million in new commitments in the three deals.
Cain gets a $1 million signing bonus, $4.5 million this year, $7 million in 2011 and $15 million in 2012. He was due to make $4.5 million in 2010, the final season of a $9 million, four-year contract that included a $6.25 million team option for 2011.
Depending on how he does in Cy Young Award voting, Cain's salary could escalate to $7.5 million in 2011 and $15.5 million in 2012. He would earn a $50,000 bonus each year he pitches 225 innings and gets a limited no-trade provision giving him the right to block deals to eight teams.
Cain was a first-time All-Star last year and went 14-8 with a 2.89 ERA in 33 starts. His four complete games tied for first in the NL.
Read More: http://sportsillustrated.cnn.com/2010/baseball/mlb/03/29/giants.cain.ap/index.html#ixzz0jfHCC0Om
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