Romo re-inks with Giants for $15 million

It looks like the Giants can keep El Mechon on the AT&T Park playlist for two more years.

Reliever and three-time World Series champion Sergio Romo has agreed to a two-year, $15 million deal to stay in San Francisco according to FOX’s Ken Rosenthal.

The deal is pending a physical and likely to take place Thursday. Romo, 31, has spent all seven seasons in the majors with the Giants. He’s gone 31-21 with a 2.51 ERA and 78 saves in that span.

He was the This Year in Baseball Setup Man of the Year in 2012 and an All-Star in 2013.

Bochy took the closer’s role away from Romo in late June after a series of shaky outings. He finished the 2014 season 6-4 with 23 saves. He tied his career high for blown saves in a season (5) and recorded the second highest ERA of his career (3.72).

Romo got comfy in the setup role and contributed heavily to the Giants postseason success. He appeared in nine games and went 1-1 with four holds while allowing only one run.

This ensures the Giants maintain a deep bullpen next season. Romo will rejoin a strong relieving core that features lefties Jeremy Affeldt and Javier Lopez and closer Santiago Casilla.

This is the first major signing for the Giants this offseason. They lost Pablo Sandoval last month to the Boston Red Sox, and Michael Morse signed a two-year, $16 million deal with the Miami Marlins.

Other notable Giants free agents are starting pitchers Jake Peavy and Ryan Vogelsong. The Giants are faced with limited options for the rotation and the free agent market grows thin.

With Romo back in the fold, Peavy would be the next likely target for San Francisco.

Follow @SFBay and @Pacific_Theme on Twitter and at SFBay.ca for full coverage of the San Francisco Giants.