Source: Aaron Gleeman, NBC Sports 
Not only did the Giants hang onto Tim Lincecum, re-signing him to two-year, $35 million, John Shea of the San Francisco Chronicle reports that they’re agreed to a deal with free agent right-hander Tim Hudson. Andrew Baggarly of CSNBayArea.com says it’s a two-year, $23 million contract.
Hudson is coming back from a fractured ankle that ended his season in July, but before the injury he was having another strong season at age 37 with a 3.97 ERA and 95/36 K/BB ratio in 131 innings.
David O’Brien of the Atlanta Journal Constitution reports that the Braves initially offered Hudson a one-year deal to return, but later added a second year that still fell short of the Giants’ offer.