Andrew Baggerly is reporting the LHP Jeremy Affeldt has signed a 2-Year contract with the San Francisco Giants. Terms have not been announced, but I would bet since he signed so quick its probably a deal worth 6-8 Million over the two years. Maybe they gave him a shot at the rotation similiar to the Reds last year, or a shot at being the closer. Affeldt was a type-B free agent so the Reds will recieve a sandwich-round pick.
He has some nasty stuff, and should be even better in the NL West. I was hoping the Reds could have retained him, but obviously they already had Bray and have a lot of money in Cordero, so spending 3 or 4 million a year on another lefty isn't the best use of funds. Good luck to him in SF.
Here is another story on the signing from the SF Chronicle.