The San Fransisco Chronicle is reporting that the Giants have signed Barry Zito to a seven-year contract worth $126 million:

Zito's $126 million contract is the largest ever for a pitcher and the biggest in Giants history, supplanting the $90 million contract Bonds signed after the 2001 season. It ties Vernon Wells' seven-year, $126 million contract with Toronto as the sixth-largest overall.

The Giants hold an $18 million option on Zito for 2014 with a $7 million buyout, making the contract worth a potential $137 million. The option becomes Zito's if he pitches 200 innings in 2013, the final guaranteed year, 400 innings over the final two years or 600 innings over the final three. Zito also has a complete no-trade clause for the entire length of the contract.

I don't even know what to say to that. I think I'll just have to babble for a while…

homina homina homina homina homina homina homina homina homina homina homina homina homina homina homina homina homina homina homina homina homina homina homina homina homina homina homina homina homina homina homina homina homina homina homina homina

Wow, a SEVEN year contract for a pitcher. Who ever heard of such a thing? And $126 million? What do you even do with that kind of money? Next year, teams will actually have to sign over ownership of the franchise to sign pitchers.