Derek Holland re-signs with Giants on one-year deal

Derek Holland is staying in San Francisco this season.

The Giants announced Monday they re-signed the left-handed pitcher to a one-year deal with a buyout option for 2020.

Holland’s contract reportedly comes with a $7MM guarantee in the form of a $6.5MM base salary for the 2019 season and a $500K buyout on a 2020 option that has the same $6.5MM base. The option year’s base salary will increase to $7MM if he makes 24 starts in 2019, $7.5MM if he makes 28 starts and $8.5MM if he makes 32 starts. All told, the Martini Sports Management client can earn $15MM over the next two seasons if he remains healthy and the option is exercised. Holland led Giants pitchers in games started (30) and in total innings (171 1/3), pitching to a 3.57 ERA with 8.9 K/9, 3.5 BB/9, 1.00 HR/9 and a 39.8 percent ground-ball rate. Holland’s velocity didn’t return to it peak levels (94.3 mph) and probably never will, as he averaged just 91.6 mph on his heater last season. However, that’s not to say his success isn’t sustainable; the lefty’s swinging-strike rate jumped from 7.1 percent to 10.1 percent from 2017 to 2018, and his opponents’ chase rate on out-of-zone pitches jumped by a hefty 5.6 percent (from 25 percent to 30.6 percent).

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He was signed to the Giants before the 2018 season on a minor league contract, but was added to the rotation after Madison Bumgarner and Jeff Samardzija were injured.

Prior to his stint with the Giants, Holland played eight seasons with the Rangers before spending almost two seasons with the White Sox. Mutual interest between the two sides was no secret, with Holland saying near the end of the season that he would like to return to the Giants in 2019 and beyond. The lefty also drew interest from other clubs, most recently including the Mets and the Reds, and the Rangers were also said to have interest in a reunion. Instead, he’ll return to one of the game’s premier pitchers’ parks — the recently re-named Oracle Park — for at least the forthcoming season.

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