http://www.csnbayarea.com/giants/giants-announce-four-year-deal-premier-closer-mark-melancon
Team didn't release financial terms, but it's believed to be in the $60M range for 4-years.
I'd say the Giants got a pretty good deal compared to what Jansen and Chapman might get.
Giants sign P Mark Melancon to 4-year deal
Giants sign P Mark Melancon to 4-year deal
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Re: Giants sign P Mark Melancon to 4-year deal
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Re: Giants sign P Mark Melancon to 4-year deal
And just like that Chris Heston becomes expendable...
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