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San Francisco Giants sign LHP Alex Wood to one-year, $3 million contract

SAN FRANCISCO -- Left-hander Alex Wood agreed to a $3 million, one-year contract with the San Francisco Giants on Thursday.

Wood, who turned 30 on Tuesday, can make up to an additional $3 million in performance bonuses for the number of games in which he gets 10 or more outs: $125,000 each for 12 and 14 games, $250,000 apiece for 16, 18, 20, 22 and 24, and $500,000 each for 26, 28 and 30.

An All-Star in 2017, Wood went 0-1 with a 6.39 ERA in two starts and seven relief appearances last year with National League West rival Los Angeles, striking out 15 in 12 2/3 innings. He earned $1,481,481 in prorated pay from a $4 million salary. He pitched two perfect innings in the Dodgers' title-winning Game 6 World Series victory over Tampa Bay.

Wood is 53-44 with a 3.45 ERA in 138 starts and 50 relief appearances over eight seasons with the Atlanta Braves (2013-15), the Dodgers (2015-18, 2020) and Cincinnati Reds (2019).