Giambi Signs And Heads To The Left Coast

Jason Giambi, the former New York Yankee and free agent, has signed a deal with the Oakland Athletics for the 2009 season. Jason will be heading back to the Left coast, where he started his career with the A's.
Giambi came up with the A's in 1995 and quickly became a fan favorite and a true MLB star, winning the 2000 American League MVP award before signing a seven-year, $120 million deal with the New York Yankees following the 2001 season.
The Yankees declined to pick up his $22 million option for 2009. Now, as Giambi celebrates his 38th birthday Thursday, the A's hope he has enough left in his bat to help them return to contention in the American League West.
Giambi's Giambi's 2009 salary will be $3.5 million, with the $5 million option for next season carrying a $1 million buyout. The deal also includes a 2010 club option.
The deal is said to be a one-year deal worth $4 million, with a $6.5 million club option for 2010 and a $1.25 million buyout.
Giambi will mostly see time as the DH and at first base. His signing is a bargain the A's and it will help the A's in the hitting challenged AL West.
The money Giambi agreed too reflects the economy and the realization by both players and MLB front offices, that "it is what it is".
There are rumors that the A's ain't done dealing. With free agents Bobby Abreu and Garret Anderson on their radar, they could really become the top hitting team out West.