DETROIT — The Giants locked up their homegrown ace on Friday, announcing a five-year, $90 million extension with right-hander Logan Webb that will keep the Rocklin, Calif., native in the club’s rotation through at least 2028.
The deal — the biggest given to a pitcher under Giants president of baseball operations Farhan Zaidi — will kick in next year and buy out Webb’s final two years of arbitration and his first three years of free agency. The 26-year-old will earn $8 million in 2024, $12 million in 2025, $23 million in 2026, $23 million in 2027 and $24 million in 2028. He will also make annual donations to the Giants Community Fund that will total nearly half a million dollars over the life of the contract.
Zaidi confirmed that the club had begun extension talks with Webb over the offseason, with Webb expressing interest in being “a Giant for life” during FanFest at Oracle Park in February.
A fourth-round Draft pick of the Giants in 2014, Webb broke into the Majors as a 22-year-old in 2019 and developed into one of the best young pitchers in baseball in 2021, when he posted a 3.03 ERA over 27 regular-season appearances and then delivered two brilliant starts in the epic National League Division Series between the Giants and the rival Dodgers that fall.
Webb continued to raise the bar in 2022, going 15-9 with a 2.90 ERA over a career-high 192 1/3 innings while finishing 11th in NL Cy Young Award voting. He made his second consecutive Opening Day start for the Giants last month, though he’s off to a bit of a rocky start in 2023, going 0-3 with a 4.76 ERA in three outings against the Yankees, White Sox and Dodgers.