The Giants agreed to terms with free agent pitcher Blake Snell:

The reigning National League Cy Young Award winner agreed to a two-year, $62 million deal with the San Francisco Giants on Monday, 10 days before his new team opens its regular season against his former one, the San Diego Padres, a source confirmed to ESPN’s Jeff Passan. The deal includes an opt-out after the first season. 

Snell’s deal — like those of fellow Scott Boras clients Cody Bellinger and Matt Chapman, both of whom signed after spring training began — gives him a higher average annual value in exchange for fewer length on his contract, but also allows him to re-enter free agency with the hope of experiencing a more robust market next offseason.

ESPN.com

I think the second paragraph should read “fewer years”. The point is the same. Teams are willing to offer higher money short term, but don’t want to be on the hook for a lot of money long term. in this case, the money doesn’t seem over the top. I would expect Snell to generate 6.2 WAR over the next two seasons, so the contract works out to $10 million per WAR. It’s a good rate, but superstars tend to go higher than that.

I will be updating the NL West Division Preview based on this new information.