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Giants Announce Deal With Pitcher Johnny Cueto

SAN FRANCISCO (CBS SF) -- The San Francisco Giants have reached a deal with pitcher Johnny Cueto, the team's second big free agent acquisition this off-season.

On Monday afternoon, the team confirmed in a tweet that the deal reached with Cueto is for six years, pending a physical.

The team also posted a tweet welcoming their newest pitcher.

According to multiple reports, the agreement is for $130 million, with a club option for a seventh year. Cueto can opt out after two seasons.

Cueto reportedly rejected a six-year, $120 million deal with the Arizona Diamondbacks.

The addition of Cueto bolsters an already strong pitching rotation which includes Madison Bumgarner and Jeff Samardzija, who signed with the Giants earlier this month.

A longtime pitcher with the Cincinnati Reds, Cueto was traded to the Kansas City Royals in the middle of the 2015 season, where he helped lead the Royals to their first World Series championship in 30 years.

Last season, Cueto had a 3.44 ERA in 211 innings.

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