Melancon, Giants reach $62M, 4-year deal pending physical
SAN FRANCISCO — The San Francisco Giants landed the top-tier closer they have been seeking for months, agreeing to a $62 million, four-year contract with right-hander Mark Melancon on Monday.
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.
“Really excited to have Mark,” manager Bruce Bochy said in a text message.