Snell inks a 2-year, 62 million dollar contract with the Giants

Blake Snell’s free agency came to an end.

Blake Snell signed a 2-year deal for $62,000,000.

The role specialty insurance could have played in his decision:

A short-term deal for a reining Cy Young winner is surprising.

Most people have heard of life, health, and disability insurance.

For professional athletes,… pic.twitter.com/gdo08WJzAG

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— Jacob Turner (@TheJacobTurner) March 19, 2024

The reigning National League Cy Young Award champ signed a 2-year, 62 million dollar contract with the San Francisco Giants today, 10 days before his new organization begins its regular campaign vs. his ex-franchise, the San Diego Padres. The contract features an opt-out after the 1^st campaign.

Snell’s contract, like those of fellow Scott Boras clients Cody Bellinger and Matt Chapman, both of whom inked recently, provides him with a higher average annual value in exchange for less length on his deal but also gives Blake the chance to re-enter free agency after the end of the season to secure more money if he performs well.

Snell finishes a busy offseason for San Francisco, who have made the postseason only 1 time in the past 7 campaigns and aimed to bring to the team great players for an organization now led by 3-time Coach of the Year Bob Melvin.