Sergio Romo and Giants Reportedly Agree to 2-Year Deal

Ethan GrantAnalyst IFebruary 6, 2013

The San Francisco Giants appear set to lock up closer Sergio Romo for the next two seasons. The deal was first reported on Wednesday evening, as the defending champs made sure all of their arbitration cases were settled before having to go to hearings.

Andrew Baggarly of CSN Bay Area had the report on Twitter:

According to ESPN (via the Associated Press), the deal will be worth $9 million over the next two seasons. It will make Romo a free agent at the end of the 2014 season.

He took to Twitter on Wednesday night to thank fans and the organization once the deal was finalized, noting that there's still work to do as the 2013 Giants will now aim to win a third World Series title in their past four seasons:

Romo will return to the Giants for his sixth season in 2013, and likely will take on the closing duties full-time after tackling the role in 2012 with former closer Brian Wilson on the shelf recovering from Tommy John surgery.

Anthony Sulla-Heffinger of the New York Post first reported on Jan. 19 that Giants general manager Brian Sabean didn't expect the team to bring back the free-agent Wilson.

If Romo is slated to be the team's closer of the future, he had a great audition during the 2012 season.

With a 1.79 ERA and 14 saves in 55.1 IP during the regular season, Romo established himself as one of MLB's premier relievers heading into the postseason. He continued that dominance in October, giving up just one run in 10.2 innings and recording four saves—including the final out in the team's World Series-clinching win over the Detroit Tigers.

The Giants avoided arbitration with the 29-year-old Romo before the start of the 2012 season, but knew his contract situation would emerge again before 2013. It took a little longer than expected, but it appears the Giants got the deal done on Wednesday night.

Now, the dynamic closer can focus on helping his team defend its second World Series title in three seasons, as the Giants look to become back-to-back champions in 2013.