The San Francisco Giants have come to terms with closer Mark Melancon on a four-year, $62 million deal that includes a player opt-out clause after the second season of the deal.
The contract also includes a full no-trade clause, per Spotrac.
While the deal stands right now as the richest deal for a closer in MLB history, relievers Kenley Jansen and Aroldis Chapman are expected to land larger deals with Chapaman having the richest of them all.
San Francisco had interest in Melancon in August at the trading deadline, but they were unable to string together a deal for him before the Pittsburgh Pirates moved him to the Washington Nationals for the remainder of the season and playoffs.
The Nationals had also previously expressed interest in re-signing Melancon.
Between the Pirates and the Nationals last season, Melancon shut the door 47 times for the second most saves in all of baseball. He also posted a 1.64 earned run average over 71.1 innings of work, while striking out 65 batters.
Santiago Casilla lead all of baseball in blown saves last season, as the entire Giants pitching staff combined to blow 30 total saves. Melancon has blown just six saves in his last 104 save attempts.
The three-time all-star Melancon has careers numbers of a 2.60 earned run average, 168 saves, and 407 strikeouts in 444 career games.
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