Source: Snell lands 2-year, $62M deal with Giants
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Alden Gonzalez, ESPN Staff Writer
Blake Snell‘s prolonged free agency has ended.
The reigning National League Cy Young Award winner agreed to a two-year, $62 million deal with the San Francisco Giants on Monday, 10 days before his new team opens its regular season against his former one, the San Diego Padres, a source confirmed to ESPN’s Jeff Passan. The deal includes an opt-out after the first season.
Snell’s deal — like those of fellow Scott Boras clients Cody Bellinger and Matt Chapman, both of whom signed after spring training began — gives him a higher average annual value in exchange for fewer length on his contract, but also allows him to re-enter free agency with the hope of experiencing a more robust market next offseason.
Snell completes what has been a busy offseason for the Giants, who have made the playoffs only once in the past seven years and strived to acquire more star power for a team now led by three-time manager of the year Bob Melvin.
The Giants added a new center fielder and leadoff hitter in Korea’s Jung Hoo Lee, who signed a six-year, $113 million deal in December, and a new middle-of-the-order bat in Jorge Soler, who was given a three-year, $42 million deal in February. They also traded for former Cy Young Award winner Robbie Ray, who won’t return until the second half as he recovers from Tommy John surgery, and signed Jordan Hicks, who will convert to a full-time starting pitcher.
But their biggest moves came late, when they landed Chapman on March 1 with a three-year, $54 million deal that includes two opt-outs, 18 days before agreeing to bring in Snell.
Snell, 31, spent the past three years with the Padres and will now return to a division that saw the Los Angeles Dodgers splurge more than $1.2 billion in an offseason headlined by Shohei Ohtani, Yoshinobu Yamamoto and Tyler Glasnow.
Snell threw a four-inning simulated game from his hometown of Seattle on Friday. The Houston Astros, Los Angeles Angels and New York Yankees were among the teams most frequently linked to Snell, but ultimately the Giants’ short-term offer won out.
Snell is one of seven pitchers who have won the Cy Young Award in both the American League and National League, taking home the trophy in 2023 after going 14-9 with an MLB-best 2.25 ERA for San Diego. He received 28 of 30 first-place votes.
In 2018, Snell got 17 of 30 first-place votes after posting a 1.89 ERA in 31 starts for the Tampa Bay Rays to beat out Justin Verlander.
Snell has long been renowned for having some of the nastiest stuff of any left-hander in the game, with a vicious fastball-breaking ball combination. When the Rays made him available for trade following the 2020 World Series, San Diego jumped at the opportunity, swapping four players for the lefty. He allowed the fewest hits per nine innings (5.8) of any pitcher who qualified for the ERA title last season, surrendering just 115 hits over his 180 innings.
Some teams, however, were concerned about bidding big on him in free agency because of his past command issues and inconsistency. The year after he won his first Cy Young Award, Snell’s ERA ballooned to 4.29. Last season, Snell led the major leagues in walks with 99.
Snell’s agreement with the Giants was first reported by the New York Post.
ESPN’s Buster Olney contributed to this report.
Two top five teams lost in Week 8, with Miami losing to Louisville and Ole Miss blowing a multi-score lead against Georgia. Texas Tech’s first loss of the season came in a squeaker against Arizona State. Meanwhile, Ohio State looked as steady as ever in a 34-0 shutout of Wisconsin and Indiana blew out Michigan State to remain undefeated.
What does it all mean for the AP Top 25? Let’s break down the rankings.
Stats courtesy of ESPN Research.
All times Eastern.
Previous ranking: 1
2025 record: 7-0
Week 8 result: Defeated Wisconsin 34-0
Stat to know: Ohio State has won 15 straight games as the AP No. 1, the longest streak by a Big Ten team.
What’s next: Nov. 1 vs. Penn State
Previous ranking: 3
2025 record: 7-0
Week 8 result: Defeated Michigan State 38-13
Stat to know: Indiana is now 16-0 against unranked opponents under Curt Cignetti.
What’s next: Saturday vs. UCLA
Previous ranking: 4
2025 record: 7-0
Week 8 result: Defeated Arkansas 45-42
Stat to know: This is Texas A&M’s first 7-0 start since 1994.
What’s next: Saturday at LSU, 7:30 p.m., ABC
Previous ranking: 6
2025 record: 6-1
Week 8 result: Defeated Tennessee 37-20
Stat to know: With the win over Tennessee, Alabama became the first team in SEC history to win four straight games, all against ranked teams, with no bye week mixed in.
What’s next: Saturday at South Carolina, 3:30 p.m., ABC
Previous ranking: 9
2025 record: 6-1
Week 8 result: Defeated Ole Miss 43-35
Stat to know: Georgia is 2-0 at home under Kirby Smart when trailing by nine or more points entering the fourth quarter.
What’s next: Nov. 1 vs. Florida (in Jacksonville, Florida), 3:30 p.m., ABC
Previous ranking: 8
2025 record: 6-1
Week 8 result: Defeated Rutgers 56-10
Stat to know: Oregon is 6-0 following losses under Dan Lanning.
What’s next: Saturday vs. Wisconsin
Previous ranking: 12
2025 record: 7-0
Week 8 result: Defeated Duke 27-18
Stat to know: Georgia Tech had a 95-yard fumble return in the first quarter, the longest in school history.
What’s next: Saturday vs. Syracuse, noon
Previous ranking: 5
2025 record: 6-1
Week 8 result: Lost to Georgia 43-35
Stat to know: Ole Miss gained just 13 yards in the fourth quarter, tied for its third-fewest in a quarter under Lane Kiffin.
What’s next: Saturday at Oklahoma, noon, ABC
Previous ranking: 2
2025 record: 5-1
Week 8 result: Lost to Louisville 24-21
Stat to know: The loss to Louisville was Miami’s fourth home less as a double-digit favorite under Mario Cristobal, the most losses in FBS in that span (since 2022).
What’s next: Saturday vs. Stanford, 7 p.m., ESPN
Previous ranking: 17
2025 record: 6-1
Week 8 result: Defeated LSU 31-24
Stat to know: This is Vanderbilt’s first 6-1 start since 1950.
What’s next: Saturday vs. Missouri
Previous ranking: 15
2025 record: 7-0
Week 8 result: Defeated Utah 24-21
Stat to know: BYU has started 7-0 in back-to-back seasons for the first time in program history.
What’s next: Saturday at Iowa State, 3:30 p.m., Fox
Previous ranking: 13
2025 record: 5-2
Week 8 result: Defeated USC 34-24
Stat to know: Notre Dame has won seven of its past eight meetings with USC.
What’s next: Nov. 1 at Boston College
Previous ranking: 14
2025 record: 6-1
Week 8 result: Defeated South Carolina 26-7
Stat to know: This was Oklahoma’s first win against South Carolina.
What’s next: Saturday vs. Ole Miss, noon, ABC
Previous ranking: 7
2025 record: 6-1
Week 8 result: Lost to Arizona State 26-22
Stat to know: The loss to Arizona State was Texas Tech’s first game of the season with 20 or more points allowed.
What’s next: Saturday vs. Oklahoma State, 4 p.m.
Previous ranking: 16
2025 record: 6-1
Week 8 result: Defeated Auburn 23-17 (2 OT)
Stat to know: Missouri has won 22 straight games against unranked opponents.
What’s next: Saturday at Vanderbilt
Previous ranking: 18
2025 record: 6-1
Week 8 result: Defeated Washington State 22-20
Stat to know: Virginia’s 6-1 start is its best through seven games since 2007.
What’s next: Saturday at North Carolina, noon, ACC Network
Previous ranking: 11
2025 record: 5-2
Week 8 result: Lost to Alabama 37-20
Stat to know: Tennessee’s 20 points against Alabama is its fewest scored in a game this season.
What’s next: Saturday at Kentucky, 7:45 p.m., SEC Network
Previous ranking: 19
2025 record: 6-1
Week 8 result: Defeated Florida Atlantic 48-13
Stat to know: The win over FAU was South Florida’s fourth straight game with at least 48 points.
What’s next: Saturday at Memphis, noon
Previous ranking: NR
2025 record: 5-1
Week 8 result: Defeated Miami 24-21
Stat to know: Louisville’s win over Miami was its second over an AP top-2 team in program history.
What’s next: Saturday vs. Boston College, 7:30 p.m., ACC Network
Previous ranking: 10
2025 record: 5-2
Week 8 result: Lost to Vanderbilt 31-24
Stat to know: Garrett Nussmeier has thrown a passing touchdown in 13 straight games, the third-longest active streak among current SEC quarterbacks.
What’s next: Saturday vs. Texas A&M, 7:30 p.m., ABC
Previous ranking: 24
2025 record: 6-1
Week 8 result: Defeated Oklahoma State 49-17
Stat to know: This is Cincinnati’s first 6-1 start to a season since 2022.
What’s next: Saturday vs. Baylor, 4 p.m.
Previous ranking: 21
2025 record: 5-2
Week 8 result: Defeated Kentucky 16-13 (OT)
Stat to know: Texas’s 179 total yards against Kentucky marked its fewest in a win in the past 30 years.
What’s next: Saturday at Mississippi State
Previous ranking: NR
2025 record: 5-2
Week 8 result: Idle
What’s next: Saturday vs. Washington
Previous ranking: NR
2025 record: 5-2
Week 8 result: Defeated Texas Tech 26-22
Stat to know: Arizona State is now 6-1 against AP-ranked opponents since the start of the 2024 season.
What’s next: Saturday vs. Houston, 8:00 p.m., ESPN2
Previous ranking: NR
2025 record: 5-2
Week 8 result: Defeated Washington 24-7
Stat to know: Michigan is on a 28-game home winning streak against AP unranked teams.
What’s next: Saturday vs. Michigan State, 7:30 p.m., NBC
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