Two-time Cy Young winner Blake Snell opts out of contract with Giants

By: The Associated Press Posted: 5:10 PM CDT Friday, Nov. 1, 2024 Last Modified: 5:35 PM CDT Friday, Nov. 1, 2024

SAN FRANCISCO (AP) — Left-hander Blake Snell has exercised his right to opt out of his contract with the San Francisco Giants to become a free agent for the second straight offseason.

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SAN FRANCISCO (AP) — Left-hander Blake Snell has exercised his right to opt out of his contract with the San Francisco Giants to become a free agent for the second straight offseason.

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SAN FRANCISCO (AP) — Left-hander Blake Snell has exercised his right to opt out of his contract with the San Francisco Giants to become a free agent for the second straight offseason.

The two-time Cy Young Award winner agreed in March to a $62 million, two-year contract that included a $17 million signing bonus payable on Jan. 15, 2026, a $15 million salary for 2024 and a $30 million salary for 2025, of which $15 million would have been deferred and payable on July 1, 2027.

Snell, 31, was 5-3 with a 3.12 ERA in 20 starts, throwing a no-hitter at Cincinnati on Aug. 2 for one of only 16 individual shutouts in the major leagues this season. He struck out 145 and walked 44 in 104 innings.

FILE - San Francisco Giants starting pitcher Blake Snell throws during the first inning of a baseball game against the Kansas City Royals, Sept. 22, 2024, in Kansas City, Mo. (AP Photo/Charlie Riedel, File)

He was sidelined between April 19 and May 22 by a strained left adductor and between June 2 and July 9 by a strained left groin.

Snell won Cy Young Awards in 2018 with Tampa Bay and 2023 with San Diego. He is 76-58 with a 3.19 ERA in nine seasons with the Rays (2016-20), Padres (2021-23) and Giants.

Because Snell turned down a qualifying offer from San Diego last November, San Francisco is not eligible to make him a qualifying offer this offseason and won’t receive draft-pick compensation if he signs with another team.