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Lincecum, Fielder agree to new contracts

San Francisco Giants Tim Lincecum throws to the Philadelphia Phillies in the third inning at AT&T Park in San Francisco on August 7, 2011. The Giants defeated the Phillies 3-1. UPI/Terry Schmitt | <a href="/News_Photos/lp/3c4055add05cbf198a7d4bc6b91c658c/" target="_blank">License Photo</a>
San Francisco Giants Tim Lincecum throws to the Philadelphia Phillies in the third inning at AT&T Park in San Francisco on August 7, 2011. The Giants defeated the Phillies 3-1. UPI/Terry Schmitt | License Photo

SAN FRANCISCO, Jan. 24 (UPI) -- Two-time NL Cy Young Award winner Tim Lincecum and free agent slugger Prince Fielder each agreed to new deals Tuesday, reports indicated.

Lincecum has verbally agreed to a new, 2-year deal with the San Francisco Giants, MLB.com reported Tuesday, citing unnamed sources.

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Lincecum, victimized by the Giants' light-hitting offense last season, will earn $40.5 million from the team as well as a $500,000 signing bonus, thereby avoiding arbitration, the San Francisco Chronicle said.

The 27-year-old hurler managed only a 13-14 record last season while backed the second-worst offense in major league baseball -- only Seattle scored fewer than the Giants last season (556). But he posted a sterling 2.74 ERA while striking out 220 over 217 innings.

Ex-Milwaukee Brewers first baseman Fielder, meanwhile, has agreed in principle to a nine-year, $214 million contract with the Detroit Tigers, baseball sources told Yahoo! Sports.

The 27-year-old has pounded 230 home runs and driven in 656 runs over six major-league seasons, all with the Brewers. He also hit for average last season, batting 299 with 38 homers and 120 RBI.

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In signing with the Tigers, he follows in the footsteps of his father, Cecil, who played for Detroit from 1990-96.

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