Snell, Giants agree to $62 million, 2-year contract, AP source says

Two-time Cy Young Award winner Blake Snell and the San Francisco Giants have agreed to a $62 million, twoyear contract, a person familiar with the negotiations told The Associated Press on Monday night.

The person spoke on condition of anonymity because the agreement was subject to a successful physical. Snell has the right to opt out after this season and become a free agent.

Snell gets a $17 million signing bonus payable on Jan. 15, 2026, and a $15 million salary this year. He would get $30 million if he keeps the contract for 2025.

A 30-year-old left-hander, Snell is 7155 with a 3.20 ERA in 191 starts.