With hopes of avoiding a arbitration case, a major league source tells John Shea of the San Francisco Chronicle that the Giants have offered Tim Lincecum a three-year, $37 million contract.
The proposed contract would includes annual salaries of $9.5 million, $12.5 million and $15 million, according to the report. Shea writes that the Lincecum camp countered with a proposal greater than $40 million. Assistant general manager Bobby Evans wouldn’t confirm or deny the offer, and while he acknowledged that talks are “ongoing,” he said that he hasn’t spoken with Lincecum’s people in 72 hours.
The arbitration case goes to hearing tomorrow if no contract has been agreed upon.