Woohoo! Finally, some news from the Giants to report.
After the Giants made early offseason moves to shore up their 2011 rosters, we’ve been limited to chatting about Edgar Renteria’s rants of respect and watching The Panda’s waistline.
But Tuesday brought the first day the salary arbitration figures could be exchanged, leading to a flood of players signing deals for 2011 and beyond.
And, according to various reports, four of the six arbitration-eligible Giants signed deals with the team on Tuesday. And here they are:
- Outfielder Cody Ross signed for $6.3 million, a raise over his $4.45 million 2010 salary. The NLCS MVP was acquired in a waiver claim from the Marlins on Aug. 22. He hits 14 home runs with 65 RBI and hit .269 last season.
- Starting pitcher Jonathan Sanchez signed for $4.8 million after earning $2.1 million in 2010. Sanchez was 13-9 with 3.07 ERA in 33 starts last season.
- Relief pitcher Ramon Ramirez agreed to a $1.65 million, after earning $1.155 million last year. Ramirez was acquired in a trade with the Red Sox last season. He went 1-0 with 0.67 ERA in 25 outings with the Giants.
- Also, relief pitcher Santiago Casilla reportedly agreed to a one-year deal for $1.3 million. Casilla made $400,000 in 2010, when he went 7-2 with a 1.95 ERA in 55 innings last season.
That leaves outfielder Andres Torres ($426,000 in 2010) and relief pitcher Javier Lopez ($775,000) as the other arbitration-eligible players who have not agreed on 2011 terms yet.
Based on Tuesday’s numbers, we would expect Torres and Lopez to agree to deals in the $1.5-2 million neighborhood for 2011. In fact, we heard the Giants offered $1.8 million to Torres, which sounds about right.
With Tuesday’s deals the Giants’ 2011 payroll sits at 110.545 million. After Torres and Lopez agree to terms, we’d expect the payroll to climb to $114 million.