NCAA Basketball:Georgetown Coach John Thompson III On Heat Seat
Even though the Hoyas won 74-65 over Rutgers on Saturday January, 15,...
Two-time NL Cy Young Award winner Tim Lincecum and the San Francisco Giants have avoided arbitration by reaching a verbal agreement Tuesday on a two-year contract worth $40.5 million.
The deal includes a $500,000 signing bonus and salaries of $18 million this year and $22 million in 2013, according to sources close to the negotiations.
Lincecum had asked for a near-record $21.5 million in salary arbitration and had been offered $17 million by the club. He remains eligible for free agency following the two-year deal.