With an arbitration hearing scheduled for Friday, the Giants are trying to work out a deal to lock up Tim Lincecum with a three-year extension, but there may not be enough cash on the table to get it done.

The Giants have reportedly offered the two-time Cy Young winner a three year, $37 million contract. Lincecum's agent has countered at more than $40 million.

The Giants offer is respectable, but if Lincecum wins the arbitration, he will make $13 million for this season and the dollars are only going to go higher if he keeps pitching well.

Keep in mind--no matter what happens, the Giants own Lincecum's rights for the next four seasons.

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san francisco giants, mlb, larry beil
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