Giants Sign Ryan Theriot

According to Jon Heyman, the Giants have signed infielder Ryan Theriot to a one-year contract worth $1.25M, with up to $750K in incentives. With Theriot in the picture, Brett Pill will presumably be starting the year in Triple-A Fresno. Josh mentioned Theriot as a potential platoon shortstop option back in November.

At first glance, Theriot’s a very uninspired signing. He’s coming off a .271/.321/.342 (84 wRC+) season, and he’s never been much of a hitter. His 2011 numbers, in fact, aren’t all that far off from his career numbers (.282/.344/.353, 86 wRC+). His defense is probably passable, but his defensive shortcomings are quite evident as well. As an everyday player, Theriot is mediocre at best; there’s a reason he’s amassed all of 0.6 wins above replacement over the past two seasons.

Theriot has his uses, however. The Giants’ shortstop depth chart currently reads Brandon Crawford and Mike Fontenot, in order. Both Crawford and Fontenot are left-handed hitters, and Emmanuel Burriss (career .636 OPS v. LHPs), isn’t exactly going to be reliable against southpaws. Theriot, as mediocre as he is with the bat, can hold his own against lefties, with a career line of .301/.373/.401, 107 wRC+. Of particular intrigue are his plate discipline splits — 9.9% BB rate, 6.8% K rate. He’ll put the ball in play with exceptional frequency, and he’ll get on base.

Theriot shouldn’t be penned into the lineup on a daily basis, but if utilized correctly (or even semi-correctly), he’ll do enough with the bat and the glove to bring some value to the team. He’s slightly worse than Jeff Keppinger at the plate, half as expensive as Keppinger would have been, and a much better defender. Anyway, solid deal.

Giants Sign Clay Hensley

According to Jerry Crasnick, the Giants signed RP Clay Hensley to a major-league contract (pending a physical). He gets a base salary of $750K, with up to $300K in incentives. This likely pushes Dan Runzler out of the Giants’ bullpen.

Hensley’s coming off a terrible season, having allowed 41 runs in 67.2 innings of work. His ERA (5.19) was poor, as were his peripherals (15.5% K rate, 10.1% BB rate). In spite of this, he was basically replacement level last year, at -0.2 rWAR and -0.1 fWAR.

Anyway, most of those innings came as a starter, and he was certainly better out of the bullpen (3.88 FIP/4.24 xFIP). Additionally, he’s just one year removed from a fantastic season: in 2010, Hensley posted a 2.16 ERA/2.87 FIP/3.34 xFIP across 75 innings of work, good for 1.5 wins above replacement. It looks like somewhat of an outlier, as his strikeout rate shot way up that year (and, of course, subsequently regressed), but I’d assume that’s — in large part — due to the fact that he didn’t make any starts that year. He’s had a solid career as a reliever (sub-3 ERA, in fact), though he’s durable enough to start on occasion.

In the end, this is a cheap solid move that adds depth to both the rotation and bullpen. The Giants’ rotation depth behind Eric Surkamp isn’t very appealing, and if his first taste of the majors was any indicator, Surkamp isn’t ready just yet. This helps.

Giants Sign Pablo Sandoval to Three-Year Deal

Whoa:

#SFGiants agree to terms on 3-year Major League contract with Pablo Sandoval

Don’t know the details, but initial reaction: I like this.

UPDATE: Baggs has the details:

Source tells me Pablo Sandoval’s contract is worth $17.15 guaranteed, plus incentives.

Love this move.

More details:

The Sandoval breakdown: $3.2 million this year, $5.7 million in 2013, $8.25 million in 2014. Takes him through all three arbitration years.

I’ll have more to say on this later…

Nate Schierholtz Avoids Arbitration, Tim Lincecum and the Giants Exchange Figures

Some more arbitration updates…

According to Baggs, the Giants reached agreement with Nate Schierholtz on a one-year deal worth $1.3M and $150K in incentives. Meanwhile, Tim Lincecum and the Giants have filed arbitration figures which, as expected, break the records that were held by Derek Jeter and the Yankees (from back in 2001).

Giants Re-Sign Matt Yourkin, Andrew Kown

According to a source, the San Francisco Giants have re-signed Triple-A starters Matt Yourkin and 2011 PCL All-Star Andrew Kown.

UPDATE: I’ve received confirmation that the team has, in fact, re-signed the two right-handers. They should show up on the Giants’ list of non-roster invitees for Spring Training.

Yourkin, 30, has pitched with Fresno over the past couple seasons. In 2011, he posted a 4.69 ERA in 167 innings over 29 starts. For his career, he owns a 4.19 ERA, 8.2 K/9, and 3.3 BB/9 in over 600 innings.

Kown, 29, also spent 2011 with Fresno, where he posted a 4.48 ERA across 25 starts, with a K/BB of 1.98.

Angel Pagan, Giants Agree to One-Year Deal

According to the Associated Press, Angel Pagan and the Giants have reached agreement on a one-year deal worth $4.85MM. The contract reportedly includes a total of $150K in performance bonuses ($50K for 550, 600, and 650 plate appearances). This is right around what Pagan was expected to make, as he was projected to earn $4.7MM. All things considered, it’s a pretty reasonable deal.

As for Pagan, I’m feeling pretty good about the prospect of having him as a starting centerfielder for the 2012 season, as I wrote here.

And as for remaining arbitration-eligibles, this leaves: Sergio Romo, Nate Schierholtz, Melky Cabrera, Pablo Sandoval, Santiago Casilla, and Tim Lincecum. Lincecum’s case will be of particular interest, given its proportions.