Former DHS star Estes signs $4.7 million contract with Giants
Former Douglas High star Shawn Estes and the San Francisco Giants agreed Wednesday on a one-year contract worth $4,725,000.
According to a story published in Thursday’s San Francisco Chronicle, the Giants declined to offer Estes another multiyear contract, opting instead for a one-year deal that challenges him to repeat his solid 2000 performance.
Estes went 15-6 with a 4.26 ERA and pitched 190 innings last year. Pitching particularly well at home (9-4), he was a key contributor to the Giants’ NL West title. His season ended when he sprained his ankle running the bases in Game 2 of the Division Series against the Mets.
With salaries for starters skyrocketing this winter – Darren Dreifort broke the $10 million-a-season barrier despite a lifetime record below .500 – the Giants want to see more consistency from Estes before committing to another long-term contract. He just completed a three-year, $3. 65 million deal.
Estes burst onto the scene with a 19-5 season in 1997, but injuries and ineffectiveness led to an 18-23 record over the next two years.
“The landscape that’s developed recently, with what teams are paying starting pitchers, is making us more cautious,” general manager Brian Sabean told the Chronicle. “In doing that, we’ve decided the conservative approach is the way to go. “
Estes is still two years away from being eligible for free agency, so San Francisco wasn’t compelled to give him a long-term contract. But the Giants run a risk in not doing so. With another solid season in 2001, his price could rise exponentially for 2002 and beyond.
Estes, a 19-game winner in 1997, made $2.15 million last season.