Today the Giants signed Angel Pagan. He’ll be back, leading off and roaming around center field.

Love the signing for a couple of reasons:

1. The money: only $40 million. To me, this is a deal. BJ Upton just signed for $75 million, Michael Bourn wants way more than that, and I would guess the Nationals extend Denard Span (who they just traded for) for more money than this. Plus, considering how many other teams (Reds, Phillies, etc) want a top of the order/CF type, it feels like the Giants stole this. Most fans were hoping the contract would not resemble Aaron Rowand’s 5 yr/$60 million deal and this is not even close.
2. The structure: A $5 million signing bonus, which might as well be tacked on to last year. This a “thanks for that World Series” bonus. The rest of the $35 million will be spread over the four years like this: 7, 9, 9, 10. What this means is there is a small chance that Pagan ever prevents the Giants from doing something else they want to do (like extend a player or get a free agent).

What I don’t love:

1. The years. I really do hope Gary Brown turns out to be the All-Star, top of the order, dynamo many have predicted. I’d hate to see Pagan block that. I also don’t think 35-year-old Angel Pagan will be an everyday CF. Could be wrong, but I also hope I am right, because then Gary Brown can do his thing. Either way, not stoked about that fourth year.

Bottom Line: Good move Giants. Other than a three-year deal, I do not see how this could have turned out any better. Let’s hope Pagan stays healthy and continues to do his thing for the Giants.

(-SB)