The Giants avoided arbitration with a key arm on Friday, locking up versatile right-hander Yusmeiro Petit on a one-year, $2.1 million contract, according to a CBSSports.com report.
Petit, 30, went 5-5 with a 3.69 ERA in 39 appearances -- 12 starts -- for the Giants last year.
During the 2014 season, he set the all-time MLB record for consecutive batters retired, dispatching 46 straight opponents to eclipse Mark Buehrle's 2009 mark of 45.
Petit is currently sixth in the Giants rotation and -- barring any additions -- will be the first called upon should Madison Bumgarner, Matt Cain, Tim Hudson, Jake Peavy or Tim Lincecum need long relief.
During the Giants' 2014 World Series run, Petit was key, compiling a 3-0 record with a 1.42 ERA against the Nationals, Cardinals and Royals.
Yusmeiro petit, giants settles at $2.1M for 2015— Jon Heyman (@JonHeymanCBS) January 16, 2015