Right-handed pitcher Luke Jackson has agreed to a two-year contract with the San Francisco Giants. The $11.5 million deal will see Jackson earn $3 million in 2023 and $6.5 million in 2024.
The contract includes a team option for $7 million for 2025 as well as a $2 million buyout should the Giants decline to exercise it. Should the option be exercised, Jackson will make a $15,000 donation to the Giants Community Fund in 2023, followed by further donations of $32,500 in 2024 and $35,000 in 2025.
Jackson missed the entirety of the 2022 season after undergoing Tommy John surgery on April 13. In 2021, the 31-year-old proved to be an essential member of the Atlanta Braves lineup, helping the team to win the World Series. He went 2-2 with a career-low 1.98 ERA in 71 games in 2021.
Over the course of his seven-year career, Jackson is 16-6 with a 4.24 ERA with 19 saves in 253 relief appearances. Prior to arriving in Atlanta, Jackson spent two seasons with the Texas Rangers.
San Francisco has also acquired left-hander Erik Miller, trading right-hander Yunior Marte to the Philadelphia Phillies in exchange.