Liriano turned down a qualifying offer ($15.3 million) from the Pirates earlier this offseason as he tried his hand on a larger deal. His new deal give the Pirates a slight price break and adds protection in for the pitcher if he were to be injured.
Source: Francisco Liriano to the #Pirates on a three-year, $39 million deal.
— Robert Murray (@RobertMurrayMLB) December 9, 2014
The 31-year-old Liriano was beginning to see his market heat up as Jon Lester and Max Scherzer are closing in on deals.
Liriano owns a 3.20 ERA with 338 strikeouts in 323 1/3 innings over the last two seasons for the Pirates.