San Francisco Giants Bag Mark Melancon with Record Deal (For Now)

Aug 29, 2016; Philadelphia, PA, USA; Washington Nationals relief pitcher Mark Melancon (43) throws a pitch during the ninth inning against the Philadelphia Phillies at Citizens Bank Park. The Nationals defeated the Phillies, 4-0. Mandatory Credit: Eric Hartline-USA TODAY Sports
Aug 29, 2016; Philadelphia, PA, USA; Washington Nationals relief pitcher Mark Melancon (43) throws a pitch during the ninth inning against the Philadelphia Phillies at Citizens Bank Park. The Nationals defeated the Phillies, 4-0. Mandatory Credit: Eric Hartline-USA TODAY Sports /
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The Winter Meetings wasted no time in becoming interesting, as the San Francisco Giants agreed to a deal with free agent relief pitcher Mark Melancon.

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The San Francisco Giants needed to upgrade the bullpen. They needed to help the bullpen that blew an inordinate amount of ballgames in the regular season last year, and then let a three-run lead slip away in the ninth inning of game four in the NLDS. They did that.

Monday was the real first of MLB’s fabled Winter Meetings, and though it’s quite cold at the National Harbor just a half-hour away from Washington D.C., the action started off hot. Just hours after things got started, the Giants and free agent reliever Mark Melancon were said to be very close to a deal.

About an hour or so later, the deal was announced. Melancon became a record-setter, getting a $62 million contract from the Giants to become the highest paid relief in history. Of course, that record won’t last long, with Kenley Jansen and Aroldis Chapman still on the market.

With three veteran relief pitchers becoming free agents this offseason, the Giants had openings. Santiago Casilla and Sergio Romo split time as closer last season, but neither were under contract beyond last year. It looks more and more likely that neither will be back. Melancon immediately becomes the elder statesman in the Giants’ bullpen.

Melancon will turn 32 years old on March 28th, and has appeared in 444 games as a big leaguer. Of current Giants’ relievers, only George Kontos (31) and Cory Gearrin (30) are over 30 years old, and none have Melancon’s experience. Kontos is the closest, and he still only has 257 appearances.

After starting his career as a struggling journeyman, Melancon became a downright dominant closer in 2013. In the four years since, he has spent three full seasons with the Pittsburgh Pirates, and split 2016 between the Pirates and the Washington Nationals. His numbers in those four years are ridiculous.

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Melancon’s 1.80 ERA over the past four seasons is third-best among relievers, behind only Wade Davis and Zach Britton. His 0.914 WHIP is fifth-best. His 4.0 percent walk rate is fourth-lowest. His 0.31 home runs allowed per nine innings is second-lowest to Davis. His 147 saves are third-most.

Melancon remained the more attractive option to the Giants throughout the offseason. He didn’t have a first-round draft pick attached to him via qualifying offer, because he was traded midseason, while Jansen did. He didn’t have the domestic violence history and the baggage that comes with it like Chapman. He was the cheapest option of the three, but still a dominant pitcher.

Adding a reliever of this caliber is an excellent finishing touch to what looks like a solid, young group of relievers. Right-handers Hunter Strickland and Derek Law look poised to take on big roles, while new southpaw Will Smith finished last season with 18 straight scoreless appearances for the Giants. Josh Osich and Steven Okert are still young, and will fill the left-handed specialist role left by Lopez. Kontos and Gearrin will have good roles. Now, the backend is filled with Melancon.

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Combined with the first deal of this offseason, the Giants have spent $313 million the past two offseasons. They of course spent big on starting pitching last season, handing out big deals to righties Johnny Cueto and Jeff Samardzija. So much for the front office being cheap.