Tag Archives: melancon

Melancon, Giants reach $62 million, 4-year deal

It’s the richest contract ever for a closer, topping Jonathan Papelbon’s $50 million, four-year deal with the Phillies from 2012-15 and Mariano Rivera’s $15 million annual value total in 2011-12 by the Yankees. Pending a physical, the pitcher receives a $20 million signing bonus, $8 million of which is deferred, …

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