Logan Webb Signs Lucrative Extension with San Francisco Giants
Contract Details and Salary Breakdown
On Friday, the San Francisco Giants announced a five-year contract extension with right-handed pitcher Logan Webb, worth a staggering $90 million. The deal secures Webb's presence in the team's rotation through the 2027 season.
Breakdown of Salaries and Bonuses
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2023: $12 million *
2024: $15 million *
2025: $18 million *
2026: $20 million *
2027: $25 million Webb also receives a $5 million signing bonus, bringing the total guaranteed value of the contract to $95 million.
Career Earnings, Market Value, and Transactions
This contract extension significantly boosts Webb's career earnings, which now stand at approximately $103 million. His estimated market value has jumped to $25 million per year, making him one of the most valuable pitchers in the league. Webb's previous transactions include a minor league contract with the Giants in 2014 and a $5.5 million arbitration salary for the 2022 season.
Importance to the San Francisco Giants
Logan Webb has emerged as a crucial member of the Giants' pitching staff. His strong performance in recent seasons, including a 3.03 ERA in 2022, has solidified his status as a top-tier starter. The five-year extension ensures that Webb will remain a cornerstone of the Giants' rotation for the foreseeable future. His presence provides stability and continuity to a team that aims to contend for another World Series title.
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