Blake Snell signing two-year contract with Giants to end long free-agency wait
NY Post
SCOTTSDALE, Ariz. — Reigning National League Cy Young winner Blake Snell has agreed to a $62 million, two-year deal with the San Francisco Giants after some late talks with the Yankees didn’t result in a deal, The Post has learned.
Snell’s deal with the Giants includes an opt-out after the first year. It is pending a physical.
With this blockbuster late-spring signing, the Giants form a superb one-two rotation punch, as Snell now combines with ace right-hander Logan Webb.
Snell, 30, is 71-55 with a 3.20 ERA in 191 starts over eight major league seasons, winning Cy Youngs in 2018 with Tampa Bay and last year with San Diego.
He was 14-9 with an NL-leading 2.25 ERA in 2023. Webb finished second in Cy Young voting later year.
The Yankees and Snell’s agent, Scott Boras, conducted renewed talks over the past few days, but they never got close to a deal after trying several avenues to try to blunt the 110 percent, fourth-tier tax the Yankees are confronting as a team above the final $297 million threshold.