The San Francisco Giants agreed to sign closer Brian Wilson to a $15MM deal that buys out two arbitration years. Wilson will earn $6.5MM in 2011 and $8.5MM in 2012 under his new extension. The deal does not affect the one-year $4.4MM Wilson and the Giants agreed to for 2010.
CSNBayArea.com first reported the agreement and Andrew Baggarly of the San Jose Mercury News added the contract details.
Wilson goes to arbitration four times as a Super Two player, so he'll be under team control for one season after the extension expires and projects to hit free agency after 2013. The deal gives the Giants cost-certainty, but they're not saving themselves money; no free agent reliever obtained a guarantee of more than $15MM this offseason.