SAN FRANCISCO (AP) — Right-handed reliever Santiago Casilla has completed a $15 million, three-year contract with the World Series champion San Francisco Giants.
The deal includes a club/vesting option for the 2016 season. Casilla passed his physical Tuesday, vice president of baseball operations Bobby Evans said.
The 32-year-old Casilla went 7-6 with a 2.84 ERA and 25 saves last season. He made 73 appearances and pitched 63 1-3 innings.
Casilla is set to earn $4.5 million in 2013 and ’14 and $5 million in 2015. He would receive a $1 million buyout if his option doesn’t vest. He was eligible for arbitration this winter and could have become a free agent next offseason.
